March 20, 2014 / 10:00 PM / 4 years ago

BRIEF-NIKE CFO says forex will hit EPS growth for Q4, fiscal 2015

March 20 (Reuters) - Nike Inc : * CFO says foreign exchange headwinds ”will continue to reduce our EPS growth

rate for Q4 and into fiscal 2015” * CFO anticipates Q4 revenue in china will be flat to slightly down. * CFO says expect Q4 revenue to grow at a high single digit percentage rate * CFO says expects Q4 gross margin to expand 50 to 75 bps due to a shift in mix

to higher margin products * CFO says expect FY 2015 EPS growth ”somewhat below our mid-teens target

range”

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