Sterne Agee CRT Reiterates Buy on Nike (NKE) as Low Tax Rates Boost EPS
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NIKE, Inc. Reports Fiscal 2016 Third Quarter Results
March 22, 2016 4:15 PM EDTRevenues up 8 percent to $8 billion; 14 percent growth excluding currency changes Diluted earnings per share up 22 percent to $0.55 Worldwide futures orders up 12 percent; 17 percent growth excluding currency changes Inventories as of February 29, 2016 up 8 percent
BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its fiscal 2016 third quarter ended February 29, 2016. Strong consumer demand drove revenue growth across the NIKE Brand portfolio. Diluted earnings per share grew 22 percent, primarily due to revenue... More
Perry Ellis International Announces License Agreement for Farah Brand in Greater China
March 21, 2016 9:01 AM EDTMIAMI, March 21, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International (Nasdaq: PERY) announced today that it has entered into a license agreement with MRH SpaRotica Groupé ("MRH) to introduce a broad collection of mens apparel, accessories and other products under the Farah® brand in Greater China. The new collection will launch in department stores, free standing stores and specialty stores as well as online with third party ecommerce platforms such as Tmall.  The first free-standing Farah store is planned to open in early 2017.Â
The Farah brand is rooted in rich heritage and bolstered... More
