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Revenue in North America, Nike's biggest market, is down 4% compared to a year ago. Nike reported total revenue of $13.4 billion for the quarter ending Nov. 30, up 1% from a year ago.
From fiscal 2020 to 2024 (which ended this May), Nike's revenue increased at a compound annual growth rate (CAGR) of 8%. ... Its lackluster growth in China. Nike, like many other American brands ...
Nike's fourth-quarter revenue for Greater China was $2.16 billion, falling just over 5% year-over-year. ... Nike's overall positive performance involved strong results from its digital and direct ...
The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year. ... Digital sales climbed more than 30% in Greater China ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] 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.
Nike's leadership is bullish on China and said partnerships with the country's leading digital platforms are driving momentum. The sneaker giant posted second-quarter revenue of $1.38 billion for ...
In North America, Q1 revenue was down 11%, NIKE Direct declined 11% with NIKE Digital down 15% and NIKE stores down 1%. Wholesale declined 11%, reflecting unfavorable shipping timing.
For the three-month period that ended August 31, Nike's revenue declined 10% year over year to $11.6 billion. Nike Direct sales were down 13%. ... especially as demand in China, North America, and ...