Want to join the conversation?
$NKE's inventories at the end of 2Q16 grew 11% to $4.6Bil from Nov. 30, 2014, driven primarily by an 8% increase in NIKE Brand wholesale unit inventories. Worldwide futures orders scheduled for delivery from Dec. 2015 through April 2016 increased 15% for NIKE Brand athletic footwear and apparel, compared to same prior year period.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.