Description: Nike’s guidance for its future orders was surprisingly weak. But that’s only because of the dollar’s surge. Investors are excited that demand remains strong, especially in China and Europe.

Source: CNNMoney.com – video report

Date: March 20, 2015

Link: http://money.cnn.com/video/investing/2015/03/20/nike-stock-buzz.cnnmoney/

Questions for Discussions:

• How does the strong U.S. dollar affect Nike’s financial performance?
• Explain why Nike managed to perform so well?