Nike Continues to Outrun Macro Headwinds

Nike (NYSE: NKE) released stronger-than-expected fiscal second-quarter 2020 results on Thursday after the markets closed, further accelerating its top- and bottom-line growth even as it works to combat ongoing macroeconomic uncertainty. But you wouldn't know it by the market's initial reaction to the report; shares of the athletic footwear and sportswear leader are down around 2% in after-hours trading as of this writing -- albeit after roaring nearly 40% higher year to date on the heels of its impressive fiscal Q1 release in September.

Let's dig deep, then, to better understand what Nike accomplished over the past few months, starting with its headline numbers:

Revenue

Continue reading

Source Fool.com