Nike reported a jaw-dropping financial result stunning all of Wall Street after reporting a staggering 96% year-on-year growth in its top-line. Its revenues for the quarter grew by as much as 21% on a sequential basis and the company saw a rise in profit margins as well as strong demand trends which helped outperform peers like Lululemon Athletica. Under the leadership of CEO John Donahoe, the company reported an aggressive guidance for the year as it is already seeing major tailwinds in the for ....
26 Jul 2021
Nike Inc Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Nike Inc Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
26 Jul 2021 -
Author:
Ishan Majumdar -
Pages:
14
Nike reported a jaw-dropping financial result stunning all of Wall Street after reporting a staggering 96% year-on-year growth in its top-line. Its revenues for the quarter grew by as much as 21% on a sequential basis and the company saw a rise in profit margins as well as strong demand trends which helped outperform peers like Lululemon Athletica. Under the leadership of CEO John Donahoe, the company reported an aggressive guidance for the year as it is already seeing major tailwinds in the for ....