Nike’s Business Just Found Its Second Wind
Nike (NYSE: NKE) investors were optimistic heading into the company's fiscal second-quarter earnings report, given the strong results so far this year. It turns out that those high expectations were justified. The latest quarterly update, which included the start to the all-important holiday season, showed that Nike's business is firing on all cylinders, both in its home market and in key international geographies like China and Europe.
Let's take a closer look.
Image source: Getty Images.
Source Fool.com
