Nike Weathers Currency Fluctuations With Another Solid Quarter

Nike Inc. (NYSE: NKE) announced fiscal first-quarter 2019 results on Tuesday after the market closed, detailing accelerated growth in North America and sustained international momentum. With shares up more than 33% year to date leading into this quarterly report, shares of the athletic footwear and sportswear giant opened modestly lower on Wednesday. But let's take a closer look at how Nike kicked off the new fiscal year, as well as what investors should be watching in the coming quarters.IMAGE SOURCE: NIKE.Continue reading

Topics:  nike inc nyse nke announced   north america   source   nike   quarter   shares   fiscal   year   

 

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