Nike’s gross margin grew by 1.2 percentage points in the quarter to 45.4%, higher than the 44.4% that StreetAccount analysts had expected. Still, profits fell by nearly 28% during the quarter. Innovation Over the last year, Nike has been accused of falling behind on innovation andceding sh...
Focus on core business In the 2012 quarter of fiscal year 7.6%, Nike's net profit fell by 7.6% compared with the same period last year, while product inventories increased by 23%. According to foreign media reports, Nike has publicly confirmed that the number of new orders in China's key...
even on its billion dollar profits. However, there is growing controversy about the amount of leeway large organizations are afforded when it comes to tax matters, and their freedom to pay low amounts of tax may
Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO. The athletics company's financials showed lower sales in every operating region, as its CFO p
In terms of financial performance, NIKE, Inc. has a strong track record of revenue growth and profitability year over year. The company's iconic "Just Do It" campaign, launched in 1988, has been used in many advertisement campaigns and is now considered one of the most iconic slogans in ...
That is to say, the profits created by Nike by "inciting" their consumers almost two times that of their competitors. {page_break} Nike's approach to building a second hand sneaker market looks simple. It uses the most basic economic principles to control supply and demand. ...
Profits ($M):$5,070 Market value ($M):$107,632 Number of employees:83,700 Figures are for fiscal year ended May 31, 2023. Market value as of July 15, 2024. Nike stock chart Latest news on Nike Pat Gelsinger abruptly exits IntelDecember 3, 2024 at 2:52 PM GMT+8 Nike’s CEO cl...
Profits ($M) (Last Fiscal Year):$3,760 Market Value ($M) as of 8/12/19:$92,503 Sector:Consumer Products Industry:Apparel Current All-Star Rank:14 Previous All-Star Rank:16* Industry Rank:1 Previous Industry Rank:1 Overall Score:7.61 ...
NIKE breaks out revenue, but not profits, for its major product lines and distribution channels. The share of revenue generated by product lines in Q3 FY 2024 was: Footwear (68%); Apparel (28%); Equipment (4%); and Other. A negligible amount is attributable to Other, which includes reve...
NIKE breaks out revenue, but not profits, for its major product lines and distribution channels. The share of revenue generated by product lines in Q3 FY 2024 was: Footwear (68%); Apparel (28%); Equipment (4%); and Other. A negligible amount is attributable to Other, which includes reve...