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Nike Shares Hit All-Time High On Promise Of $50 Billion Revenues By 2020
2015-10-16 08:49:05| Footwear - Topix.net
Nike shares raced to a new high on Thursday as the sportswear king promised to hit revenues of $50 billion by 2020. If Nike can deliver on its promise, the company's guidance for $50 billion in revenue would reflect a 63% increase over the last fiscal year.
Nike targets revenues of $50bn by 2020
2015-10-15 13:51:00| Daily apparel & textile news and comment - from just-style.com
Sporting goods giant Nike has said it expects revenue to reach US$50bn by 2020, with its women's business set to double over the same period, as part of its long-term growth plan.
Tags: targets
revenues
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NIKE, Inc. Announces Target of $50 Billion in Revenues by End of FY20*
2015-10-15 00:24:31| Footwear - Topix.net
NIKE, Inc. today provided an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters near Beaverton, Ore., the Company announced a revenue target of $50 billion by the end of fiscal year 2020.
Intel revenues unchanged in Q3 at USD 14.5 bln
2015-10-14 09:23:00| Telecompaper Headlines
(Telecompaper) Intel reported third quarter revenues flat from the year before at USD 14.5 billion, with the operating profit down 8 percent to USD 4.2 billion and the net profit sliding 6 percent lower to USD 3.1 billion. Earnings per share went to USD 0.64 from 0.66 the year earlier. The gross margin reached 63.0 percent, up 0.5 point from the second quarter. Going forward, Intel is guiding for fourth quarter revenues at USD 14.8 billion, plus or minus USD 500 million. The midpoint of the range is up 2 percent from the third quarter, in line with the average seasonal range increase for Q4. The gross margin is expected at 62 percent, plus or minus a couple of points and down 1.0 point from Q3.
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unchanged
Inventec targets revenues to over USD 20 bln in 2017
2015-10-07 13:44:00| Telecompaper Headlines
(Telecompaper) Inventec expects to achieve revenues of USD 20 billion in 2017. Revenues for 2015 are expected to be flat year-on-year or slightly decline from TWD 435.6 billion (approximately USD 13.4 billion) in 2014, DigiTimes reports citing Inventec chairman Richard Lee. The statement was made at the World Electronics Forum on 5 October.
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