Sponsors
Billabong ▲ +0.025 | PPR ▲ +0.50 | American Apparel ▼ 0.00 | The Buckle ▲ +0.11 | Columbia ▲ +0.05 | Deckers Outdoor ▲ +0.86 | Dicks ▼ -0.88 | Foot Locker ▲ +0.40 | Genesco ▼ -0.14 | Iconix Brand Group ▲ +0.40 | Jarden Corp ▲ +0.40 | Nordstrom ▲ +0.02 | Luxottica ▼ -0.11 | Nike ▲ +0.33 | Pacific Sunwear ▼ -0.08 | Skullcandy ▼ -0.03 | Sport Chalet ▼ 0.00 | Urban Outfitters ▲ +0.09 | VF Corp ▲ +0.53 | Quiksilver ▼ -0.03 | Zumiez ▼ -0.52 | Macys ▲ +0.50 | Tillys ▼ -0.08 |
Ticker Sponsor
Readers Say
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
Industry Insight

MOSS ADAMS: Alert! Authorities after 45,000 businesses that didn't file 2012 California corporate taxes.
CIT: Acquires SoCal-based One West Bank
SDSI: Sports and active lifestyle employment outlook.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Hurley, Converse revenues grow in Q2

Bob Hurley. Shop-eat-surf file
Bob Hurley. Shop-eat-surf file photo.
By Tiffany Montgomery
December 21, 2010 3:02 PM

Nike Inc. held an earnings conference call this afternoon, and released a few details about Hurley's performance.

 

The company said Hurley revenues grew double digits in the quarter ended Nov. 30, as did the revenues of Converse, Cole Haan and Umbro, also brands that Nike puts in its "other" businesses category.

 

Overall, "Other" businesses revenue grew 13% to $631 million.

 

Nike did not break out specific results for Nike action sports, but indicated the category grew during the quarter.

 

The company said all Nike brand categories except sportwear grew during the quarter.

 

Overall, Nike Inc. revenue rose 10% to $4.8 billion. In constant currency, revenues grew 11%.

 

Net income increased 22% to $457 million.

 

Nike ended the quarter with $4.8 billion in cash and short term investments.

 

Click here to read Nike's earnings press release.

 

 


More on: Hurley, Nike, earnings

Articles You Might Have Missed