On Wednesday,
the world's largest producer of Nike sports, Nike Free Run 3 four quarterly profits, due
to the desired reluctantly current exchange rate fluctuations
continuously rising costs, and consumers, this wavering on the
performance of Nike.
This company earnings per share, or about
$50 billion $1.06 fourth-quarter profit margins, and improved. In the
same period last year more than $3.414 rose 53%, about 70 cents per
share,
Out in the fourth quarter of last year, Nike's net income restructuring costs increased by 7%.
On
May 31 deadline to the quarterly earnings growth, Nike, reached $51
percent. But exclude floating exchange rate, after only 4% growth
factors.
The result of prediction, Wall Street managed before and investors have been used to Nike super analyst expectations.
Ms. Townsend Reuters survey of analysts, on average, Nike Free Run fourth-quarter profit 51.5 billion, or $1.06 per share,
But
Nike management company performance, emphasize main bullish market and
the products are the gross income and record. Nike said, has
strengthened inventory control, assets, liabilities well balanced with
more than 50 billion dollars in cash and short-term investments.
Financial
analysts, Susquehanna group (Chris Cardiff and Svezia) said "Nike
expression basically lasted quarterly profits, the stock of the company
will generally have buffer." He is the stock rating for Nike, "neutral",
and that the current price too high demand correction.
Nike has
increased in emerging countries through the sale of traditional market
weakness. Offset Company CEO Mark Parker (Mark Parker) emphasized that
China and India, Brazil's middle class for companies to achieve future
income growth target of 40% Nike Free May play a decisive role.
Nike fourth
quarter sales of almost all markets are growing realization, the
greater China region, including rising incomes, 4.64 million dollars
12%. Rising incomes, 14% shoes products reach $246 million, dress up to
$1.93 10%, and equipment sales growth 17%, $25m.
