Nike (NKE) Targets $50 Billion in Revenue by End of 2020

Go back to Nike (NKE) Targets $50 Billion in Revenue by End of 2020

NIKE, Inc. Announces Target of $50 Billion in Revenue by End of FY20*

October 14, 2015 1:27 PM EDT

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today will provide an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters near Beaverton, Ore., the Company announced a revenue target of $50 billion by the end of fiscal year 2020.

Today, were showing how NIKE is built for growth now and for years to come, said Mark Parker, NIKE, Inc. President and CEO. We lead because we serve the athlete and consumer completely through breakthrough product and personal experiences, all... More