Topic: Nike Inc.
Sports goods maker Nike is sticking by golfer Tiger Woods and looking forward to the day when the troubled star returns to the game, one of the company's top executives said. Woods saw sponsors such as consulting firm Accenture and telecoms giant AT&T drop him after allegations of extramarital affairs emerged last year, forcing the player to ...
A Nike Inc. executive said Thursday that the U.S. sports outfitter is cautiously optimistic about overall trading prospects for the year, with sales of its soccer gear already up dramatically ahead of this year's World Cup. Brand president Charlie Denson said that total revenue growth ...
Goldman Sachs & Co. on Thursday issued a "Buy" rating on Nike, saying it expects the company will soon deliver stronger earnings per share growth. The clothing and athletic shoe company, based in Beaverton, Ore., has beat analysts' expectations in recent quarters, largely on internal cost-cuts. But sales and gross margins have ...
