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Non-Tech : Nike
NKE 97.72+0.6%Dec 12 4:00 PM EST

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From: Sr K12/22/2017 8:11:35 AM
   of 2400
 
From NIKE prepared remarks for Q2 2018:
December 21, 2017

some excerpts

on page 4
And we’re extending our pilot with Amazon. It’s going well, and we remain focused on learning and elevating the consumer experience.

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on page 17

Note that when US tax reform is enacted into law, our tax rate would be significantly higher in Q3 driven primarily by the one-time taxes on deemed repatriation of foreign earnings. That said, we expect US tax reform will have a net favorable financial impact on Nike taking into account the impact on taxes, access to capital, and capacity to invest within our value chain. Assuming enactment, we will update you with more specifics next quarter.
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