According to unaudited condensed consolidated statements issued by the company, for the nine month’s period ended 28th February 2014 revenue generated was 20 374 million USD, a 9.4% increase when compared to similar period in 2013. Revenue for the quarter ended February 2014 reached 6 972 million USD, a 12.7% rise from similar period in 2013.

Breaking down the revenue by brands, the Converse segment generated revenue of 1 274 million USD for the nine month’s period ended February 2014, a 16.3% growth from 2012 (15% if currency changes are excluded). The Nike brand segment represented 93.7% of the overall revenue generated by the company, and North America and Western Europe are the most important regions, representing respectively 47.2% and 19.2% of the total revenue generated by the Nike brand segment. Emerging markets represented 15.0%; but highly impacted by currency changes. If we analyze the performance during the last quarter, the most impressive growth was registered in Central & Eastern Europe, from 303 million USD to 356 million USD (a 22% growth if currency volatility is excluded and 17% if no impacts are excluded).

Gross margin for the quarter and the nine month’s period ended 28th February 2014 was set at 44.5%, representing an improvement from 44.2% in 2013 Q3 and 43.5% in the 9 months period ended in 28th February 2013.

Net income for the nine months period was 2 002 million USD, a 10.2% growth from previous year. Total net income for the quarter was 685 million USD, a 20.9% deterioration from similar period in 2013. However, this includes the impact of discontinued operations, as during the year ended May 2013 the company disinvested of Umbro and Cole Haan, and net income for these two brands was still included in the net income totals at 28th February 2013. Net income for the quarter from continuing operations reached 685 million USD, a 3.6% growth from 662 million USD for Q3 in 2013.

“Our strong Q3 results demonstrate our relentless focus on delivering innovations that resonate with consumers”, said Mark Parker, President and CEO of Nike, Inc. “Despite macroeconomic challenges, Nike delivers consistent results because we focus on the biggest opportunities for growth while we manage risk across our diverse global portfolio. This is how we continue to drive long-term value for our shareholders.”

As of the end of the quarter, worldwide future orders for Nike Brand athletic footwear and apparel, scheduled for delivery from March 2014 through July 2014, totaled 10.9 billion USD, 12% higher than orders reported for the same period last year, and 14% higher in a currency neutral basis. The most relevant variance in future orders was registered in Western Europe (33% growth; 30% excluding currency changes), followed by Emerging Markets (12% rise; 24% if currency changes are removed).

Nike, Inc. recently announced a new partnership with London based department store Liberty for their new summer 2014 collection. The footwear collection consists of a mix of heritage and modern Nike styles, like Air Max 1, Air Max 90, Nike Roshe Run, Nike Internationalist, Nike Blazer and the Dunk Sky Hi, receiving a Liberty treatment with their floral printing trade mark applications. The Nike x Liberty footwear and apparel collection was launched exclusively at Liberty London early this month, and will be available at Nike retailers globally in May. Liberty is a well-known department store located in Regent Street, in the West End shopping district of Central London, offering its clients a wide range of luxury goods including women’s, men’s and children’s fashion, cosmetics and fragrances, jewellery, accessories, homeware, furniture, stationery and gifts, and is known for its floral and graphic prints. The department store was founded in the last quarter of the nineteen century by Arthur Lasenby Liberty.

Nike, Inc. is a world’s leading designer, developer, marketer and distributor of athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Based in Oregon, United States, and internationally known Nike Inc., includes Converse Inc., which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; Hurley International, LLC , which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories; and Jordan Brand.