Nike Pre-Earnings: Growth Momentum Likely To Continue Going Forward As Sales Improve Globally

Nike is all set to release its earnings for Q2 FY16 (ending November 30th) on December 22nd. Last quarter, the sports giant impressed investors with very solid numbers, propelled by the increased growth in all product categories and geographies. This momentum most likely to continued into the second quarter. Most analysts believe that this quarter Nike will post numbers that will beat the consensus estimates. Continued growth in the U.S. (due to better endorsements and the holiday season) and in...