Nike Executive Said Expect FY 2024 Reported Revenue To Grow Mid Single Digits - Conf Call
Portfolio Pulse from Charles Gross
During a conference call, a Nike executive stated that the company expects its reported revenue to grow in the mid-single digits by fiscal year 2024.
June 29, 2023 | 9:40 pm
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POSITIVE IMPACT
Nike's projected mid-single digit revenue growth by FY 2024 could potentially boost investor confidence and positively impact the company's stock price.
The announcement of expected revenue growth by a company executive is a positive signal to investors. This could lead to increased investor confidence in the company's future performance, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100