3 Things That Make Nike a Post-Earnings Buy
Some investors may have been disappointed by one thing in Nike's (NYSE: NKE) earnings report this week: The company didn't give a specific forecast for the coming fiscal year -- the period set to begin in June. That's due to outside factors such as inflation, the ongoing pandemic, and the conflict in Ukraine. Instead, Nike said it would offer guidance during the next earnings call.
But this dose of uncertainty isn't a reason to run away from Nike. In fact, Nike reported plenty of positive news -- news that signals even more growth to come. Let's check out three things from the earnings report that make Nike a slam dunk for investors right now.
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Source Fool.com
