World Footwear

Companies

Nike’s future orders slow down

Jan 8, 2015 United States
Nike’s future orders slow down
Reported future orders of the US-based company grew with a slower pace during the second quarter of the financial year, indicating a decrease in demand of their products

Nike indicated their future orders increased 7% during the second quarter ended at the 30th November, compared to similar period last year. Excluding currency exchange impacts, the growth rate totaled 11%.

In Western Europe, an important market for the brand, future orders increased 13% (4% if currency exchange impact is considered).

Other important region for Nike, the emerging markets area, had a decrease in reported future orders (-3%). Excluding the currency fluctuations impact such variations improves slightly to +1%.

Net income increased 23% reaching 655 million US dollars, while diluted earnings per share increased 25% to 0.74 US dollars, reflecting strong revenue growth, gross margin expansion and a 3% decline in the weighted average diluted common shares outstanding. Net income generated in the six month's period ended at 30th November reached 1.6 billion US dollars, up by 23% from similar period in 2013.

For more information, please visit the company’s website.

Related Events

  • Jan
    4
    Jan 4-Jan 6, 2025 | Palm Beach, Florida, United States

    Palm Beach Trendz

  • Jan
    13
    Jan 13-Jan 15, 2025 | Los Angeles, United States

    Brand Assembly Los Angeles

  • Jan
    13
    Jan 13-Jan 15, 2025 | LA, United States

    LA Market Week

  • Jan
    13
    Jan 13-Jan 14, 2025 | St. Paul, Minnesota, United States

    Northwest Shoe Travelers Market

Related Organizations

  • BSTA - Boston Shoe Travelers Association

    BSTA - Boston Shoe Travelers Association

    United States
  • L&HCA - Leather & Hide Council of America

    L&HCA - Leather & Hide Council of America

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • FFANY - Fashion Footwear Association of New York

    FFANY - Fashion Footwear Association of New York

    United States