Company Updates Progress on FY 2015 Global Growth Strategy; Strong Innovation Agenda Drives New Revenue Target BEAVERTON, Ore., June 28, 2011 – NIKE, Inc. (NYSE: NKE) today provided an overview of its fiscal 2011 results and reviewed progress on key strategic initiatives to achieve sustainable, profitable long-term growth across its global portfolio of brands. During an investor meeting at its world headquarters in Beaverton, Ore., the Company increased its fiscal 2015 revenue target to a new range of $28-30 billion, up from its previous target of $27 billion announced in May 2010. Additionally, the Company reaffirmed its goal of generating $12 billion of cumulative free cash flow from operations from fiscal 2011 through fiscal 2015. Both goals extend NIKE, Inc.’s long-term financial model of high single-digit revenue growth, mid-teens earnings per share growth and expanding returns on capital.* More on this after the jump… @DJJUANYTO