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Nike Is Growing Its Business With Impressive Numbers

Sportswear giant Nike (NYSE: NKE) has been performing impressively over the course of the last 5 years with top lines as well as bottom lines showing impressive growth. Nike has capitalized on its prowess as a retailer to grow. The company's outlets are known for their efficiency and high quality of customer service. Nike is also known for its efficient high-end supply chain management and thus is able to minimize unused stock on a regular basis. The company has also stepped into the market as a casual apparel retailer especially in terms of footwear. The company has capitalized on the growing popularity of sneakers especially among the youth in order to boost revenues and grow. In terms of share prices, 2014 has been an impressive year of growth. The company's share prices have grown 34% over the course of the year, considerably more than the growth in share prices of competitors Adidas (OTCQX:ADDYY) and Puma (OTC:PMMAF). The company's share prices reached a decade high level near the $100 mark back in November. Since then investors have been selling shares on strength. The company's shares are currently trading near the $94…