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NIKE delivers solid sales growth across all geographies
26 Jun '08
5 min read
Europe:
Fourth quarter revenues for the European region grew 19 percent to $1.5 billion from $1.3 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 15 percentage points. Footwear revenues increased 17 percent to $889.2 million. Apparel revenues grew by 22 percent to $531.1 million and equipment revenues increased 16 percent to $113.9 million. Fourth quarter pre-tax income increased 8 percent to $326.2 million.
Full fiscal year European revenues grew 19 percent to $5.6 billion. Changes in currency exchange rates increased revenue growth by 11 percentage points. Footwear revenues were up 19 percent to $3.1 billion, apparel revenues increased 19 percent to $2.1 billion and equipment revenues grew 18 percent to $424.3 million. European fiscal year pre-tax income increased 22 percent to $1.3 billion.
Asia Pacific:
Fourth quarter revenues for the Asia Pacific region grew 39 percent to $828.0 million compared to $596.9 million a year ago. Changes in currency exchange rates increased revenue growth by 13 percentage points. Footwear revenues were up 42 percent to $422.0 million, apparel revenues increased 40 percent to $337.7 million and equipment revenues grew 14 percent to $68.3 million. Fourth quarter pre-tax income increased 32 percent to $166.0 million.
For the full fiscal year, Asia Pacific revenues increased 26 percent to $2.9 billion, compared to $2.3 billion last year. Changes in currency exchange rates increased revenue growth by 6 percentage points. Footwear revenues were $1.5 billion, up 29 percent from $1.2 billion last year, apparel revenues increased 25 percent to $1.1 billion and equipment revenues grew 13 percent to $242.2 million. Pre-tax income increased 36 percent to $692.6 million for the fiscal year.
Americas:
Fourth quarter revenues in the Americas region increased 30 percent to $306.6 million compared to the same period last year. Changes in currency exchange rates increased revenue growth by 11 percentage points. Footwear revenues were up 19 percent to $202.1 million, apparel revenues increased 77 percent to $78.9 million and equipment revenues rose 22 percent to $25.6 million. Pre-tax income was up 53 percent to $60.8 million for the quarter.
Full fiscal year revenues for the Americas region grew 21 percent to $1.2 billion; 7 percentage points of this growth was the result of changes in currency exchange rates. Footwear revenues increased 17 percent to $792.7 million, apparel revenues increased 37 percent to $265.4 million and equipment revenues rose 22 percent to $96.0 million. Pre-tax income increased 24 percent for the fiscal year to $239.3 million.
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Fourth quarter revenues for the European region grew 19 percent to $1.5 billion from $1.3 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 15 percentage points. Footwear revenues increased 17 percent to $889.2 million. Apparel revenues grew by 22 percent to $531.1 million and equipment revenues increased 16 percent to $113.9 million. Fourth quarter pre-tax income increased 8 percent to $326.2 million.
Full fiscal year European revenues grew 19 percent to $5.6 billion. Changes in currency exchange rates increased revenue growth by 11 percentage points. Footwear revenues were up 19 percent to $3.1 billion, apparel revenues increased 19 percent to $2.1 billion and equipment revenues grew 18 percent to $424.3 million. European fiscal year pre-tax income increased 22 percent to $1.3 billion.
Asia Pacific:
Fourth quarter revenues for the Asia Pacific region grew 39 percent to $828.0 million compared to $596.9 million a year ago. Changes in currency exchange rates increased revenue growth by 13 percentage points. Footwear revenues were up 42 percent to $422.0 million, apparel revenues increased 40 percent to $337.7 million and equipment revenues grew 14 percent to $68.3 million. Fourth quarter pre-tax income increased 32 percent to $166.0 million.
For the full fiscal year, Asia Pacific revenues increased 26 percent to $2.9 billion, compared to $2.3 billion last year. Changes in currency exchange rates increased revenue growth by 6 percentage points. Footwear revenues were $1.5 billion, up 29 percent from $1.2 billion last year, apparel revenues increased 25 percent to $1.1 billion and equipment revenues grew 13 percent to $242.2 million. Pre-tax income increased 36 percent to $692.6 million for the fiscal year.
Americas:
Fourth quarter revenues in the Americas region increased 30 percent to $306.6 million compared to the same period last year. Changes in currency exchange rates increased revenue growth by 11 percentage points. Footwear revenues were up 19 percent to $202.1 million, apparel revenues increased 77 percent to $78.9 million and equipment revenues rose 22 percent to $25.6 million. Pre-tax income was up 53 percent to $60.8 million for the quarter.
Full fiscal year revenues for the Americas region grew 21 percent to $1.2 billion; 7 percentage points of this growth was the result of changes in currency exchange rates. Footwear revenues increased 17 percent to $792.7 million, apparel revenues increased 37 percent to $265.4 million and equipment revenues rose 22 percent to $96.0 million. Pre-tax income increased 24 percent for the fiscal year to $239.3 million.
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