Billabong ▼ 0.000 | PPR ▼ -5.95 | American Apparel ▼ -0.084 | The Buckle ▲ +0.47 | Columbia ▲ +0.48 | Deckers Outdoor ▲ +0.63 | Dicks ▲ +0.02 | Foot Locker ▲ +0.89 | Genesco ▼ -0.03 | Iconix Brand Group ▲ +0.13 | Jarden Corp ▲ +0.57 | Nordstrom ▲ +2.68 | Luxottica ▼ -0.42 | Nike ▲ +1.44 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.07 | Sport Chalet - 0 | Urban Outfitters ▲ +0.40 | VF Corp ▲ +0.65 | Quiksilver ▼ -0.010 | Zumiez ▲ +0.66 | Macys ▲ +0.52 | Tillys ▼ -0.06 |
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Industry Insight

MOSS ADAMS: Networking reception at MAGIC.
KNOWSHOW: Boat party on July 29 to celebrate the trade show's 10th anniversary.

Details on Industry Insight.

Tiffany Montgomery
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Nike Q4 revenues and profits rise

By Tiffany Montgomery
June 23, 2010 1:45 PM

Nike reported results this afternoon for the quarter and fiscal year ended May 31.

Fourth Quarter

Total revenue: up 8% to $5.1 billion. Up 4% in constant currency.

Net income: up 7% to $522 million, excluding charges last year.

Gross margin: 47.4% vs. 43.4%

Other businesses revenue (includes Hurley and Converse): up 9% to $714 million.

Other businesses EBIT: up 71% to $73 million

Full year

Total revenue: down 1% to $19 billion. Down 2% in constant currency.

Net income: up 2% to $1.9 billion, excluding charges last year.

Gross margin: 46.3% vs. 44.9%

Other businesses revenue (includes Hurley and Converse): up 5% to $2.5 billion.

Other businesses EBIT: up 43% to $299 million, excluding charges last year.

Future orders

Up 7 % to $8.8 billion, or up 10% in constant currency.


Down 13% to $2 billion

Cash and short term investments

$5.1 billion, up 49%




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