Comment on Nike hiccups in 4th quarter, execs stand by $50 billion revenue projection

Nike hiccups in 4th quarter, execs stand by $50 billion revenue projection

Nike's phenomenal growth surge of recent years faltered a bit in the fourth quarter. Nike's stock dropped in after-hours trading after the Beaverton company narrowly missed Wall Street's fourth-quarter consensus projections. The company earned $846 million, 49 cents a share, on...

 

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