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Nike’s Good Run: Stock Up 17.6% This Year

Nike’s Good Run: Stock Up 17.6% This Year

Nike (NKE) is one of the biggest names in the athletic apparel and footwear manufacturing and distribution space. Over the past few years, Nike has increased its focus on its DTC (direct-to-consumer) business. Nike has beaten revenue estimates in four out of the last five quarters while witnessing year-over-year revenue growth in each.