• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Nike'S Fourth Quarter Earnings Growth Driven Global Revenue

    2017/7/2 13:26:00 28

    NikeSports BrandMarket

     Nike

    According to the world clothing and shoe net, after the constant slowdown in growth concerns,

    Nike

    Finally ended in the 2017 fiscal year with a satisfactory quarterly pcript.

    Beijing time June 30th, the world's largest

    Sports brand

    Nike announced its fourth quarter earnings for the 2017 fiscal year ended May 31st.

    Benefiting from the Greater China, Western Europe and emerging

    market

    Double digit growth, the company's fourth quarter global revenue rose 5.3% to $8 billion 680 million, up from Wall Street's estimated $8 billion 630 million.

    Net income increased from $846 million in the same period last year to $1 billion, plus a surplus of $0.60 per share, which is also better than analysts' average forecast of $0.50.

    According to the latest financial report, Nike's annual revenue in fiscal year 2017 was $34 billion 400 million, up 6% from the same period last year.

    Among them, the Greater China region revenue of 4 billion 237 million US dollars, an increase of 17% over the same period.

    Outstanding performance is also reflected in the elimination of exchange rate factors, the fourth quarter revenue grew 16% to 1 billion 87 million U.S. dollars, is Nike's twelfth consecutive quarter of growth in the region.

    As Nike's performance exceeded Wall Street's expectations, the company's share price surged 8.2% to 57.54 dollars on the day of its earnings announcement.

    By the end of June 29th, Nike's share price fell 3.5% in the past 12 months, but up to 4.6% in 2017, showing a rising trend.

    From the global perspective, Nike's fourth quarter revenue growth is mainly concentrated in three major markets: Western Europe grew 11% year-on-year, growth in the Middle East and Africa and other emerging markets 14% and greater China 16% growth.

    Before the fourth quarter, Nike's growth in the much watched China region has been slowing for the six consecutive quarter.

    In order to revive the demand in this key market, American brands have intensified their efforts to pform sales outlets and continue to strengthen online sales, including expanding sales of Alibaba's Tmall mall, which has helped to boost sales in China.

    Although the Western European and Chinese markets are more eye-catching, in the North American region, which occupies 1/3 of the global sporting goods market, Nike's performance is mediocre - the overall downturn in the market. The sales volume of the brand in the fourth quarter increased by 3% compared with the previous quarter.

    From the sales situation of the category, the sales of sneakers increased by 8% to $5 billion 473 million compared with the same period last year, while sportswear increased by 3% to 2 billion 301 million US dollars, while the revenue of sports equipment decreased by 14% to 335 million US dollars.

    Nike said its fourth quarter sales performance was mainly due to its Jordan brand and the strong growth of its running series.

    In addition, CONVERSE, which has been marginalized by Nike for a long time, has shown a good momentum in recent years, and sales increased by 10% to 554 million US dollars over the same period last year.

    In addition to the overall trend in global revenue, another factor in Nike's growth is the company's sales management costs fell 4% to 2 billion 700 million US dollars over the same period last year.

    Nike's overall management costs will continue to decline following the announcement of a 2% reduction in staff and a reduction in performance.

    In addition, it is worth noting that the fourth quarter earnings report and Nike's recent actions show that the US brand is concentrating its efforts on expanding direct selling and digital platform business.

    In the fourth quarter, the company's revenue in direct to consumer (DTC) business was $9 billion 82 million, an increase of 12% over the same period last year.

    Nike noted in particular that direct business has played an important role in sales promotion in the fourth quarter and the whole fiscal year, and helped brands reduce channel costs.

    At the same time, the Nike announced its cooperation with Amazon to launch a "pilotage plan". The former will sell limited categories of goods on Amazon's website.

    It is reported that Nike sells products directly on the platform instead of selling through third party or unauthorized distributors, and the direct selling business will further expand.

    At the same time, Amazon will develop more stringent anti counterfeit measures for the other side and control the number of similar dealers on the website.

    In this regard, Goldman Sachs analyst Lindsay Drucker Mann said that the suppression of counterfeit goods at the same time, this cooperation will help Nike achieve a substantial increase in the US market.

    Looking ahead to the first quarter of fiscal year 2018, Nike said cautiously that, considering the pull of the Olympic Games and the European Cup last year, and the withdrawal of golf categories, the next quarter's revenue is flat.

    As for the coming fiscal year, the US brand expects revenue growth to reach the median high digits of 6% to 9%.

    More interesting reports, please pay attention to the world clothing shoes and hats net.

    • Related reading

    The Last Step Of Shoe King Is The Retreat Of BELLE International.

    Shoe Express
    |
    2017/7/1 19:43:00
    51

    Feng Tai Gave Up A Bright Report Card, Shoe Maker, And Let Go.

    Shoe Express
    |
    2017/7/1 19:30:00
    96

    Nike Performance Decadent Global Layoffs 2%

    Shoe Express
    |
    2017/6/30 14:14:00
    76

    Nike Headquarters Building NYHQ Officially Completed

    Shoe Express
    |
    2017/6/30 10:25:00
    55

    Can Nike, A Soldier Of The Elite Army, Turn The Tide?

    Shoe Express
    |
    2017/6/28 10:48:00
    88
    Read the next article

    How Will The Retail Industry Go In The Future?

    An announcement of bankruptcy liquidation declared its 22 year history officially ended. Many people in the industry believe that the bankruptcy of new one is the death knell of the physical retail industry and the curtain of death.

    主站蜘蛛池模板: av电影在线免费看| 做床爱无遮挡免费视频91极品蜜桃臀在线播放 | 本道久久综合无码中文字幕| 国产精品美女久久久| 亚洲日韩在线观看免费视频| 91精品视品在线播放| 欧美日韩综合在线视频免费看 | 高清成人爽a毛片免费网站 | 美女扒开屁股让男人桶| 成年人视频在线免费播放| 国产91青青成人a在线| 中文字幕人成乱码中国| 精品日产卡一卡乱码| 小妇人电影中文在线观看| 免费a级毛片高清在钱| 99热精品久久只有精品| 欧美综合图片一区二区三区| 国产精品无码久久av| 亚洲av永久无码精品秋霞电影影院| 欧美一级黄视频| 日本娇小videos精品| 国产97人人超碰caoprom| 一区二区三区国产最好的精华液| 福利片一区二区| 国产高清天干天天美女| 亚洲国产精品无码久久久| 99视频全部免费精品全部四虎| 日本免费观看网站| 台湾一级淫片完整版视频播放| www.尤物视频.com| 欧美日韩福利视频| 国产成视频在线观看| 久久99国产乱子伦精品免费| 精品哟哟哟国产在线不卡| 在线观看h网站| 亚洲人成电影在线观看青青| 香蕉久久夜色精品国产尤物| 成人爱做日本视频免费| 人妻尝试又大又粗久久| 手机在线看片国产| 日本乱理伦片在线观看网址|