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Apple: Nike Results And Other Data Bode Well For September Quarter In China
2015-09-25 19:54:48| Footwear - Topix.net
Nike's results indicated that premium U.S. brands are still doing well in China, despite assumed economic headwinds. Combined with CEO Tim Cook's recent statement about continued strong growth in China in July and August, Apple investors can look forward to a very positive September earnings report Nike reported results for their fiscal 2016 Q1 on September 24 and surprised analysts with a 30% y/y increase in revenue for Greater China to $886 million.
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results
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september
Nike Inc (NKE)'s Results Beat Estimates Confirming Hedge Funds' Love for the Stock
2015-09-25 18:49:48| Footwear - Topix.net
The stock of the sport apparel producer Nike Inc is heading towards ending the week on a positive note after the company announced its financial results for the first quarter of fiscal 2016 that topped the estimates. For the three months ended August 31, Nike posted revenue of $8.41 billion, up by 5% on the year, while its diluted EPS advanced by 23% on the year to $1.34.
Nike PT Raised to $130.00 at Piper Jaffray
2015-09-25 17:49:52| Footwear - Topix.net
The brokerage presently has an "overweight" rating on the footwear maker's stock. Piper Jaffray's target price indicates a potential upside of 13.25% from the company's previous close.
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nike
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Morgan Stanley Analysts Give Nike a $130.00 Price Target
2015-09-25 15:40:02| Footwear - Topix.net
The firm presently has a a "buy" rating on the footwear maker's stock. Morgan Stanley's price target suggests a potential upside of 13.25% from the stock's current price.
Tags: price
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morgan
Nike optimistic on 23% jump in Q1 earnings
2015-09-25 11:42:00| Daily apparel & textile news and comment - from just-style.com
Sportswear giant Nike has offered an optimistic outlook as it booked higher first-quarter earnings and strong sales gains in China.
Tags: jump
earnings
nike
optimistic
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