Nike sneakers fuel sales beat, excess apparel stocks still a drag
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Nike (NKE) expects Fiscal '23 reported revenue to grow high single-digits
March 21, 2023 4:35 PM EDT(Updated - March 21, 2023 4:36 PM EDT)
Nike (NYSE: NKE) said on its conference call:
"As a result of our strong Q3 performance, we now expect Fiscal 23 reported revenue to grow high single-digits, an improvement from mid-single-digit guidance in the prior quarter, with approximately 600 basis... More

