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?
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