Description: Shares of Nike surge after the athletic apparel retailer reported better-than-expected earnings, despite worries about weak sales in China.

Source: CNNMoney.com – video report

Date: Mar 22, 2013

Link: http://money.cnn.com/video/investing/2013/03/22/investing-the-buzz-nike.cnnmoney/

Questions for Discussions:

• Why was Nike expected to perform poorly in the last quarter?
• What is the explanation for its success?
• What do these financial results suggest about consumer spending and the economy?
• Are there other companies that you think might be worthwhile reexamining from a financial analysis point of view?