Latest Financial Postings: Nike (calendar Q4)

28 June 2004

Boosted by higher worldwide sales and currency-related gains, the world's biggest sports footwear brand reported a 24% rise in fourth-quarter profits to $305 million (€251m; £167m).

Revenues rose 17% to $3.5bn. Year on year figures showed a 15% rise from $10.3 billion in 2003 to $12.3bn in 2004. The strongest financial gains came from Europe where revenue increased 16% to $1.1bn. Asia posted 25% growth to $450m while revenues from the Americas were also up 25% to $180m.

The company's worldwide futures orders (due for delivery over the next five months and a key forward-looking indicator) increased year-on-year by 10.7% to $5.5bn.

Data sourced from: Financial Times; additional content by WARC staff