Nike has guided for a low single-digit growth in revenues for the first quarter of fiscal 2016, with a 50 basis point expansion in the gross margin, on account of a shift to higher margin products in the sales mix and improved performance of its higher margin businesses. The company expects its overhead expenses to rise owing to investments undertaken by the company in its DTC business and e-commerce channel. We expect the company’s earnings to be in line with its guidance, given the company’s commentary.
Source Forbes - Markets http://ift.tt/1NTSeCA
ليست هناك تعليقات:
إرسال تعليق