28.08.2014 - Nike continues to be attractive for investment
Manufacturer of sportswear and sports goods Nike continues to hold a strong position on the market. Revenue for the fiscal year increased by 18% to 2.3 billion dollars. Figures of the fourth quarter also increased mainly due to sales in North America and Europe. For the fourth quarter of fiscal year revenue increased to 7.4 billion dollars. The company plans to maintain a similar trend even after the end of the World Cup due to a wide range of products for different sports and a substantial advertising budget. Innovative products of the company should allow to continue the growth in the future. We keep positive outlook for the medium-term with potential of growth up to 25% for the year.