Brand Nike Increased By 12% And 20% Respectively In The Second And Third Financial Quarters

Sports shoes The latest quarterly report of the clothing brand "Big Boss" Nike shows that the profit growth is accelerating. At the end of June, Nike's earnings per share in the fourth financial quarter was 76 cents, an increase of 27% over the same period of the previous financial year, marking the straight line growth of the second consecutive financial quarter, which also means the highest quarterly earnings in many years. The second and third financial quarters increased by 12% and 20% respectively.

Sales revenue increased by 7% to US $6.7 billion. The company, based in Beaverton, Oregon, reported an increase in its products across all regions except Western Europe and Greater China. In the recent quarter, Nike's gross profit margin rose by 110 basis points to 43.9%.

Nike's long-term financial report shows that its profits have been growing since 1999. Annual profit growth ranges from 1% to 28%.

In addition to announcing profit growth, Nike has reported increasing dividend payments to shareholders every year for 11 consecutive years. The latest dividend distribution in November last year was 21 cents per share, up 17%.

Nike's annual average dividend is 84 cents per share, with a shareholder return of 1.3%. stay clothing -Among companies in shoes and related industries, Nike ranked the lowest in terms of shareholder return for the second consecutive year, but its compound return ranked the highest.