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The Company designs, develops and markets footwear, apparel, equipment, and accessory products.
Real money pick. It's Nike, what else do you need to know?Picked up a position on 11/26 and will continue to hold long term.
Name recognition and the fact that lower income people will buy their products even if they really should purchase a less expensive brand. In other words, I think the demand curve for Nike shoes is very in-elastic.
Nike is everywhere in sports and the premium brand. Excellent management. Will continue to lead it's industry.
Nike is Greek for Goddess of Victory...
Top shoe company in the world.... BOOM. Da da da DADADA. Que the ESPN (owned by Disney) music.
Buy, relative strength bullish
Very trendy clothes.
Q1 fiscal 2014 with 8% revenue growth to $ 7.0 B Diluted earnings per share grew by 37% Margin improved by 120 base pt increased sales 3rd & 4th fiscal 2013 stock prices climbed about 30%
I'm glad they made the Dow, this will only solidify there strength in the market as a core stock.
Rock solid company with good exposure to overseas markets that is now also being added to the Dow.
got the goods
MF Stock Advisor
Sports = Nike. It's that simpleEven during recessions, people spend money on sports and without a major competitor (other than UA..who isn't major) their market exposure and strangle-hold is just too big to fail.
Nike needs to step it up in China to reclaim the throne. It wouldn't hurt if the Chinese respected IP laws too.
Nike is the standard in athletic apparel. There's no sign this will change in the immediate future. The company is still associated with youth & athletics. The company itself is well run and shows steady growth. It's portfolio of brands is well diversified, as the resident MF article on Converse shows.
80% Market Share on Pricy Apparel!!!
...because it's nike. Everything else is JV.
Nike continues to do a good job of dropping sales growth to its bottom line too. For the fiscal year 2013, Nike's earnings per share grew 11%. The company's operation continues to shrink costs with gross margins of 43.9% last quarter, up 1.1% from last year. Much like V F Corp and Oxford, results benefit from increasing direct-to-consumer sales, particularly online. In fiscal year 2013, Nike's direct-to-consumer sales were up an impressive 24% to $4.3 billion as comparable store sales expanded 14%.
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