Nike, Inc. Sees International Pace Q2 Growth

January 2008
SGB;Jan2008, Vol. 41 Issue 1, p8
Trade Publication
The article reports about the business profits registered by Nike Inc., both in the U.S. and international markets, for the fiscal second quarter through November 2007. The total demand creation spend came in at roughly $557 million for the quarter, or about 12.8 percent of total revenues. Total Nike brand footwear sales were up 15.7 percent to $2.18 billion from $1.88 billion in 2006. The gains outside the U.S. were aided by the weakening U.S. dollar, which contributed for the overall growth.


Related Articles

  • Nike Beats Expectations Despite Currency Effect.  // WWD: Women's Wear Daily;3/20/2015, Vol. 209 Issue 58, p8 

    The article discusses an earnings report for the quarter ended February 28, 2015 from sports apparel maker Nike Inc. Revenue and net income rose 7% and 16%, respectively. Chief executive Mark Parker said a strengthening U.S. dollar and uncertainties regarding costs represented opportunities for...

  • Why the dollar cannot be let down. Laidi, Ashraf // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jun2002, Vol. 31 Issue 7, p24 

    Explains the reasons why the American dollar should not be allowed to depreciate significantly against other currencies. Suspicions over the American economy's impact on the global economy caused by a weaker dollar.

  • PRICKLY HEDGE. Punj, Shweta // Business Today;6/24/2012, Vol. 21 Issue 13, p50 

    The article discusses the export unit and currency depreciation in India. Jyotiraditya Scindia, Minister of State for Commerce and Industry says that the depreciation of rupee is beneficial for foreign buyers because Indian goods become cheaper in international markets. Charts depicting...

  • Is the Dollar Sustainable?  // Economic Trends (07482922);Aug2002, p8 

    Reports on the status of the U.S. dollar. Current account deficit; International investors' net financial claims against the U.S.; Depreciation of dollar.

  • U.S. Dollar.  // World Trade;Oct2001, Vol. 14 Issue 10, p22 

    Forecasts on the depreciation of the United States dollar by 2002. Factors that cause international investors to shift funds out of dollars; Economic crises and conditions that affected the currency.

  • What's Driving the Dollar?  // Economic Trends (07482922);Aug2003, p8 

    Examines the factors influencing the activity of the U.S. dollar in 2003. Influence of international investors on the dollar's foreign exchange value; Overall depreciation since February 2001; Concerns about foreign investors' diversification out of dollar assets.

  • Beggaring thy neighbour. DiBiasio, Jame // Asian Investor;Oct2010, p1 

    The author reflects on the beggar-thy-neighbour trade wars between the U.S. and other countries. He mentions that China will resist depreciating the dollar against its currency, the renminbi. He believes that the worse will be the inevitable adjustment of excess Asian savings and excess Western...

  • Finally, a Break for Detroit. Flint, Jerry // Ward's Auto World;Jan2008, Vol. 44 Issue 1, p64 

    The author comments on the potential benefits of the depreciation of the U.S. dollar to the automobile industry in Detroit, Michigan. According to him, the weakness of the currency makes imports more expensive and encourages foreign OEMs to build more plants in the country. Also noted is that...

  • SWOT Analysis.  // CRH, PLC SWOT Analysis;Aug2005, p5 

    Provides a business analysis of CRH PLC, an international group of companies, engaged in the manufacturing of a range of building materials and also operates do-it-yourself stores, focusing on its strengths, weaknesses, opportunities for improvement and threats to the company. Strengths,...


Read the Article


Sign out of this library

Other Topics