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Nike gives upbeat forecast at investor conference, shares rise

Nike gives upbeat forecast at investor conference, shares rise

Released Monday, 30th October 2017
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Nike gives upbeat forecast at investor conference, shares rise

Nike gives upbeat forecast at investor conference, shares rise

Nike gives upbeat forecast at investor conference, shares rise

Nike gives upbeat forecast at investor conference, shares rise

Monday, 30th October 2017
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(Reuters) - Nike Inc (NKE.N) said on Wednesday it expects earnings per share to grow in the mid-teens over the next five years, driven by online sales and new product categories, sending its shares up by about three percent. The stock was the top gainer on the Dow on a day when the broader market was down.
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