$NKE – Launch Calendar for “Air Zoom Flight ‘The Glove’


I like the Nike InPlay theme.  Here is the analytic thoughts on the process.

Tuesday, Oct 1
8:48 AM
Nike stays a hot topic on Wall Street
  • Argus upgrades Nike (NKE) to a Buy rating with a fresh price target of $84.
  • JPMorgan is also out with positive comments on the new Dow 30 stock, saying its sees strong top-line growth for the apparel giant
  • Nike’s (NKE) growth targets for 2017 include seeing apparel sales increasing to $10B from $7.5B. The company expects to see annual revenue increase to $30B by the end of FY15 and $36B by FY17.
  • The women’s business is targeted for explosive growth to $7B from $4B. Women’s apparel and the Converse brand are tapped to see gains.
  • The company expects e-commerce sales to hit $2B during the same period.
  • Comments on a succession plan and how Nike plans to manage expectations in China should be next.

This weekend is the launch




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