Soho
Nike Unveils Financial Results for 4 Quarter
29.06.2015 4987

Nike Unveils Financial Results for 4 Quarter

The world's largest manufacturer of sports products Nike Inc. increased net profit in the fourth fiscal quarter by 24% to 865 million dollars, compared with 698 million dollars received for the same period a year earlier.

The indicator increased due to sales growth in almost all regions.

Revenue increased by 4,8% - up to 7,78 billion dollars against 7,43 billion dollars a year earlier. Excluding the appreciation of the US dollar, the increase was 13%.

Nike's fourth-quarter profitability improved to 46,2% compared to 45,6% a year earlier, mainly due to higher prices.

Orders for the company's products in June-November increased by 2%. Excluding changes in exchange rates, the increase in future deliveries is 13%, including in North America - by 13%, in Western Europe - by 14%, in China - by 22% and in emerging markets - by only 2%.

The world's largest sports goods manufacturer Nike Inc. increased net profit in the fourth fiscal quarter by 24% to $ 865 million, compared to $ 698 million received by ...
5
1
Rating

Latest News

Golden Goose acquires its main sneaker supplier

On Wednesday, Golden Goose, known for its Superstar sneakers, announced the acquisition of Italian Fashion Team, the main supplier and manufacturer of luxury sneaker brand Golden Goose. The amount of the deal was not disclosed...
06.10.2022 124

Kari adds new product categories to the range of family hypermarkets

Russian shoe retailer Kari continues to experiment with retail formats and assortment. This summer, the three well-established formats of Kari shoe retail - Kari shoe stores, Kari Kids for children and Kari Hyper hypermarkets - ...
06.10.2022 127

Bikkembergs released a collection of his own hits from 1990 and 2000.

Antwerp-born fashion brand Bikkembergs has launched an archival project, a collection of fifty-three items from the past. “These are things that don’t need to be updated to make people like them, they just need to be redone…
05.10.2022 148

JamilCo to add three Turkish brands to its portfolio

JamilCo, one of the largest Russian distributors in the fashion segment, whose portfolio includes such brands as Timberland, New Balance, DKNY, Escada and others, is going to introduce three new Turkish brands to the Russian market –…
05.10.2022 334

New Balance and Aimé Leon Dore launch 650R in new colorways

New Balance's iconic collaboration with young New York-based streetwear menswear brand Aimé Leon Dore continues. Brands have decided to release the classic silhouette of the 650R sneaker in new colorways.
04.10.2022 297
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning