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BRIEF-Nike expects average ROIC in low 30 percent range over next 5 years
October 25, 2017 / 11:33 PM / in a month

BRIEF-Nike expects average ROIC in low 30 percent range over next 5 years

Oct 25 (Reuters) - Nike Inc

* Expects average ROIC in low 30 percent range over next 5 years

* Expects gross margin to grow 30 to 50 basis points over next 5 years

* Expects to grow North America business in the mid-single digit range over the next five years

* Expects to grow EMEA business in the mid-to-high single digit range, Greater China in the low to mid-teen range over the next 5 years

* Expects to grow Asia Pacific & Latin America (APLA) business in the high single-digit to low double-digit range over the next 5 years Further company coverage:

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