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Buy Nike For http://www.monclerstore.co.uk/ Strength In the corporate world, there are select companies that are immediately recognizable the world moncler womens coatsover. They are icons of the modern, global era. The company we want to highlight today is just such an icon, instantly recognizable by millions.
Nike (NYSE:NKE) is one of the world's largest apparel companies, with revenues of almost $21 billion in fiscal 2011. And that is just a fraction of what the company is capable of. The company is on track to post record revenue and EPS this year, moncler women jacket and now is an opportune time to invest in the stock. The company's 17.48% advance over the past year, in our mind, does not reflect its moncler mens jacketstrue fundamentals.
Nike investors have been concerned with economic conditions moncler men vest around the world, but the company's results show that macroeconomic uncertainty is not a big issue for the company. In the most recent quarter, Nike's revenues grew by 18%, to $6.1 billion and EPS grew by 19% to $1.36.
Nike, unlike many consumer companies, is not retreating in the face of uncertainty. The company is investing aggressively moncler men coat in its retail and marketing efforts, and those investments are paying off. On the Sept. 22 conference call (see transcript), CEO Mark Parker summed up Nike's dominant position, noting that
"we all know the economic uncertainty that we're seeing in the world today is putting pressure on consumers around the world. Yet, in most countries, we continue to see solid growth in Footwear and Apparel sales, which tells me the growing middle class in developing markets is increasing consumption and that consumers everywhere are ready to buy when they feel good about what they get for their money. At the same time, some countries face slow or no growth, while others work to avoid overheating. Some consumers have returned to higher end goods, while others are trading down or cutting back. These conditions place a premium on companies like Nike, with broadly diversified businesses that are not over reliant on moncler womens vests any one market, one price point for one consumer demographic."