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Nike Inc revenues up 12% to $13.7bn for fiscal 2005
28 Jun '05
9 min read
Futures Orders
The Company reported worldwide futures orders for athletic footwear and apparel, scheduled for delivery from June through November 2005, totaling $6.3 billion, 9.5 percent higher than such orders reported for the same period last year . Approximately one point of this growth was due to changes in currency exchange rates.
By region, U.S. futures were up nine percent; Europe increased seven percent; Asia Pacific grew 11 percent; and the Americas increased 25 percent. Changes in currency exchange rates had a favorable impact of two percentage points in Europe and Asia Pacific. Changes in currency exchange rates had no impact on futures orders growth for the Americas.
Regional Highlights
U.S.
During the fourth quarter, U.S. revenues increased three percent to $1.3 billion. U.S. athletic footwear revenues increased seven percent to $907.2 million. Apparel revenues declined seven percent to $335.9 million. Equipment revenues increased 17 percent to $84.3 million. Pre-tax income for the quarter rose nine percent to $311.8 million.
For the full fiscal year, U.S. revenues were up seven percent to $5.1 billion. Footwear revenues increased nine percent to $3.4 billion; apparel revenues grew two percent to $1.5 billion; and equipment revenues grew 13 percent to $313.4 million. U.S. pre-tax income improved 12 percent to $1.1 billion.
Europe, Middle East and Africa (EMEA)
Fourth quarter revenues for the EMEA revenues grew two percent to $1.5 billion; and equipment revenues grew 13 percent to $313.4 million. U.S. pre-tax income improved 12 percent to $1.1 billion.
The Company reported worldwide futures orders for athletic footwear and apparel, scheduled for delivery from June through November 2005, totaling $6.3 billion, 9.5 percent higher than such orders reported for the same period last year . Approximately one point of this growth was due to changes in currency exchange rates.
By region, U.S. futures were up nine percent; Europe increased seven percent; Asia Pacific grew 11 percent; and the Americas increased 25 percent. Changes in currency exchange rates had a favorable impact of two percentage points in Europe and Asia Pacific. Changes in currency exchange rates had no impact on futures orders growth for the Americas.
Regional Highlights
U.S.
During the fourth quarter, U.S. revenues increased three percent to $1.3 billion. U.S. athletic footwear revenues increased seven percent to $907.2 million. Apparel revenues declined seven percent to $335.9 million. Equipment revenues increased 17 percent to $84.3 million. Pre-tax income for the quarter rose nine percent to $311.8 million.
For the full fiscal year, U.S. revenues were up seven percent to $5.1 billion. Footwear revenues increased nine percent to $3.4 billion; apparel revenues grew two percent to $1.5 billion; and equipment revenues grew 13 percent to $313.4 million. U.S. pre-tax income improved 12 percent to $1.1 billion.
Europe, Middle East and Africa (EMEA)
Fourth quarter revenues for the EMEA revenues grew two percent to $1.5 billion; and equipment revenues grew 13 percent to $313.4 million. U.S. pre-tax income improved 12 percent to $1.1 billion.
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