Earnings Scorecard: Nike
March 28, 2011 at 10:47 AM EDT
On March 17, 2011, Nike Inc. (NKE), a sporting goods retailer, posted its third-quarter 2011 results. Street analysts had more than a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation for the stock. [...]