Rieker
Nike Unveils Financial Results for 4 Quarter
29.06.2015 4831

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
Euro Shoes Exhibition

Latest News

Dr. Martens has released a collaboration with Lazy Oaf

Dr. Martens and Lazy Oaf, a Lazy Oaf clothing brand, have launched a collaboration to celebrate the twentieth anniversary of the clothing brand founded in 2001 by designer Gemma Sheel. The capsule collection includes Dr. Martens Sinclair, laces ...
30.11.2021 34

The Ministry of Industry and Trade will hold a seminar "Legprom - Arctic: Products, Competencies and Prospects"

Russian light industry enterprises will present their products and developments for low arctic temperatures at a two-day seminar ...
30.11.2021 51

Sales on the Westfalika.ru marketplace on Black Friday 2021 were 30% higher.

The increase in online sales during the annual Black Friday promotion on the Westfalika.ru marketplace amounted to 44% in physical terms and 30% in monetary terms, compared to Black Friday in 2020. These results are explained by the significant ...
29.11.2021 51

On Black Friday, Wildberries recorded an increase in sales of Russian goods in foreign markets

Wildberries noted a twofold increase in sales of Russian goods on its platform in foreign markets during the Black Friday sale this year compared to the same period of sales in 2020. Sales amount ...
29.11.2021 141

Virgil Abloh, American fashion designer and founder of Off-White, has passed away

At 42, American fashion designer Virgil Abloh, founder of the street fashion brand Off-White and artistic director of the menswear line of the luxury house Louis Vuitton, has died, - this is stated in his Instagram account ...
28.11.2021 232
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning