Nike (NKE) PT Raised to $136 at Jefferies

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NIKE, Inc. Reports Fiscal 2016 First Quarter Results

September 24, 2015 4:15 PM EDT

Revenues up 5 percent to $8.4 billion; 14 percent growth excluding currency changes Diluted earnings per share up 23 percent to $1.34 Worldwide futures orders up 9 percent; 17 percent growth excluding currency changes Inventories as of August 31, 2015 up 10 percent

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its first quarter ended August 31, 2015. Diluted earnings per share increased 23% due to broad-based revenue growth, gross margin expansion, selling and administrative expense leverage, a lower effective... More