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For the quarter, Nike reported wholesale revenues growth that came in flat compared to the same period a year prior. The Street had been expecting a decline of 4% from the same period a year prior.
Barclays consumer discretionary senior analyst Adrienne Yih described the report as a "relief," as it defied a growing narrative that Nike could be caught up in the mounting macro headwinds many ...
Nike showed a recovery in Greater China with sales of $1.81 billion, higher than the $1.64 billion analysts had been expecting and up 16% from a year ago. Inventories were nearly flat from a year ...
Nike Direct: Apparel/Footwear specialty 17,136 ... Beaverton United States: 60 CP All: Convenience/Forecourt store 16,780 3.0%: Bangkok Thailand: 61 Conad: Supermarket 16,366 ... Bologna Italy: 62 Rite Aid: Drug store/Pharmacy 16,365 -0.4%: Camp Hill United States: 63 Kingfisher: Home improvement 15,880 4.8%: London United Kingdom: 64 BJ's ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [5] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Consumer Reports. Consumer Reports ( CR ), formerly Consumers Union ( CU ), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy. [2] Founded in 1936, CR was created to serve as a source of information that consumers ...
Meanwhile, Nike's $0.99 earnings per share exceeded analysts' expectations of $0.66. Nike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion.
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