Nike (NKE) PT Raised to Street High $150 at Evercore ISI
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NIKE, Inc. Reports Fiscal 2020 First Quarter Results
September 24, 2019 4:15 PM EDTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2020 financial results for its first quarter ended August 31, 2019.
Revenue increased to $10.7 billion in the first quarter, up 7 percent on a reported basis and up 10 percent on a currency-neutral basis*, driven by growth across all geographies.
Our strong start to FY20 highlighted the depth and balance of NIKEs complete offense, said Mark Parker, Chairman, President and CEO, NIKE, Inc. NIKEs strong product innovation, combined with our industry-leading digital experiences, continue to deepen our consumer relationships around the world.**
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