sonya0415
Transformer
Joined: 01 Mar 2016
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 Posted: 09 Aug 2016 09:20 Post subject: nike official store 2016 |
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Nike Flies Toward The End Of 2014
SummaryNike is taking an aggressive approach to finding new markets domestically and abroad focusing on women and developing nations.
FY2015 Q1 results showed revenues of $8.0 billion (up 15%), with growth across product types, geographies, and key categories; net income increased 23% to $962 million.
Nike, Inc. (NYSE:NKE) has been one of the foremost names in sport footwear since the 1970s. Over the decades, the company has continued to offer innovative products that are often ahead of the curve. Since 2006, the leadership of CEO Mark Parker has allowed the company to have a unique understanding of the needs of the marketplace.
Nike came into prominence at a time when the American population was becoming more engaged in sports and fitness activities. Nike was able to provide a variety of attractive, functional models that served a wide range of needs. The company soon had an array of competitors, including Puma (XETRA: PUM) and Adidas (OTCQX:ADDYY), which served to put a crimp on sales. However, Nike has had the ability to rally to the challenge with a number of innovations, including air technology, cross training models and improved design and construction.
The company has undoubtedly benefited from having Mark Parker at its head. Parker has long taken an interest in design and construction of sport shoes, since his days as a champion runner at Penn State. He Nike Air Max Womens took this practical knowledge into Nike, making his bones in the R department of the company in Exeter, New Hampshire. This intense focus on what does and does not work for sport shoes is what eventually propelled him to the top company spot. He continues to use his precise understanding of what makes a well functioning sport shoe to increase the company's market share and stay ahead of competitors.
Nike is taking an aggressive approach to finding new markets both domestically and around the world. The company's new line of fashionable footwear for women is getting a favorable reception from the public. In 2013, Nike revealed a four year strategy for growth that included concentrating on markets in developing nations to produce the double digit increases in revenues to continue the impressive rise in stock price it has seen over the past five years.
The company's plans to expand the headquarters in Beaverton, Oregon appear to be even larger than first announced, signaling the company's commitment to increasing its sales numbers on a number of fronts.
For FY2015 Q1, Nike reported revenues of $8.0 billion up 15% and with growth across product types, geographies, and key categories. Net income increased 23% to Cheap Nike Air Max Womens $962 million, while diluted EPS was also up 27% to $1.09.
Nike also repurchased a total of 10.6 million shares as part of its four Nike Air Max Womens Shoes year $8 billion repurchase program and declared a $0.24 dividend.
NKE has beat analyst estimates for earnings per share the past eight quarters consistently and revenues five out of the eight quarters.
Nike Outlook: Poised For Flight
Looking toward the future, Nike has positioned itself for increasing revenues and sustained growth.
The company's recent earnings reported listed growing revenues and net income from the same period last year.
The company has avoided traps that Adidas and Puma have fallen into over recent months, with their precipitous declines in stock prices.
We are optimistic on NKE's prospects in the coming year and suggest other investors be so, as well.
We invite Cheap Nike Air Max Womens readers wishing to join the discussion on Nike to click the +FOLLOW button above the title of this article and those looking for the latest developments to click +Get real time alerts.
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