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Nike, Inc. Updates On FY 2013 Guidance-Conference Call


Thursday, 28 Jun 2012 05:00am EDT 

Nike, Inc. announced that for fiscal 2013, on ongoing basis it expects revenue growth at or slightly above the Company's high single digit target range. on a reported basis, it expects mid to high single digit revenue growth and expects to deliver high single digit EPS growth in fiscal 2013. This is below the Company's long term goal of mid teens EPS growth as a result of the negative impact of weaker international currencies on both gross margin and translated foreign earnings as well as a higher effective tax rate. 

Company Quote

65.23
-0.1 -0.15%
21 May 2013