BRIEF-Nike CEO Elliott Hill Says Not Satisfied With Overall Results

Reuters
21 Mar
BRIEF-Nike CEO Elliott Hill Says Not Satisfied With Overall Results

March 20 (Reuters) - Nike Inc NKE.N:

  • NIKE CEO ELLIOTT HILL SAYS CO MET THE EXPECTATIONS IT SET BUT NOT SATISFIED WITH OVERALL RESULTS - CONF CALL

  • NIKE CFO SAYS CO SEEING AIRFORCE 1 INVENTORIES STABILIZE - CONF CALL

  • NIKE CFO SAYS Q4 TO REFLECT LARGEST IMPACT FROM CO'S STRATEGIES

  • NIKE CFO SAYS CO EXPECTS Q4 REVENUE TO BE DOWN IN MID-TEENS RANGE

  • NIKE CFO SAYS CO EXPECTS Q4 GROSS MAGINS TO BE DOWN ABOUT 400 TO 500 BASIS POINTS

Further company coverage: NKE.N

((Reuters.Briefs@thomsonreuters.com;))

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