News

Growth across all regions for Nike

27/06/2008

Nike has posted positive results for the year ended May 31. Revenues grew 14% to $18.6 billion compared with $16.3 billion last year, while net income increased 26% to $1.9 billion compared with $1.5 billion last year.

For the fourth quarter, revenues increased 16% to $5.1 billion compared with $4.4 billion for the same period last year, while net income increased 12% to $490.5 million compared with $437.9 million in the prior year.

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