Nike Sees Room for Game-Changing Profitability Gains
Nike (NYSE: NKE) shocked investors by posting surprisingly strong fiscal first-quarter sales and earnings on Sept. 22. Just one quarter removed from an historic 36% revenue slump, the apparel giant battled back to flat results, thanks to rebounding growth in key markets like the U.S. and China.
In a conference call with Wall Street analysts, CEO John Donahoe and his team broke down the keys to that rebound, while explaining how management intends to take advantage of the new, digital-focused shopping environment through the rest of 2020.
Let's look at some highlights from that presentation.
Source Fool.com
