Nike Third Quarter Earnings Call
21st March 2008 00:00 AM |
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| Shares jumped after better-than-expected profit, helped by gains in Europe and Asia. |
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| Nike''s sales rose to $4.54 billion from $3.93 billion, beating analysts'' average estimate of $4.35 billion. Sales internationally exceeded those in the U.S., with the help of favorable exchange rates. In the U.S., revenue increased 5% to $1.56 billion. Orders of shoes and clothes for delivery between March and July, an indicator of future sales, climbed 11% to $6.9 billion, with currency impact boosting orders by 2 percentage points. |
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NIKE Second Quarter Earnings Call
21st December 2007 00:00 AM |
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| Profit rose 10% to $359.4 million, led by gains in Europe and Asia. |
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| The athletic-shoe maker reported revenue increase of 14% to $4.34 billion, surpassing expectations of $4.21 billion. Nike, which recently announced it would buy British soccer brand Umbro, has been largely unaffected by a slump in demand for athletic shoes among U.S. mall-based retailers. European sales rose 18% while sales in Asia increased 17%, both lifted by currency translations. Nike opened a flagship store in Beijing in August as it expands its reach in China. |
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Nike Fourth Quarter Earnings Call
13th November 2007 00:00 AM |
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| Nike earned $437.9 million, or 86 cents a share, up from $332.8 million, or 64 cents a share, a year ago. |
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| Sneaker giant Nike said fourth-quarter net income rose 32% as the athletic-wear company continued to post strong sales gains both domestically and abroad. Revenue in the quarter grew 9% to $4.38 billion from $4 billion a year earlier, slightly above analyst estimates of sales of $4.36 billion. Worldwide futures revenue, an indicator of deliveries over the next six months, climbed 12% to $7.7 billion. |
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Nike First Quarter Earnings Call
25th September 2007 00:00 AM |
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| Income rose 51% to $570 million from $377 million in 2007, driven by strong operating performance. |
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| The designer, marketer and distributor of sportswear reported an 11% increase in revenue to $4.7 billion as it benefited from the weaker dollar and strong performance from all regions. The revenue growth is in line with the aggressive growth plan to achieve $23 billion in revenue by fiscal year 2011. Future orders for delivery also increased to $5.9 billion. Revenue growth is expected grow to low double digit levels driven by business momentum and a favorable currency outlook. |
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