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homerhubbard821

homerhubbard821

Member since: Apr 24, 2011 | Profile views: 17
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today reported financial results for its fiscal 2011 third quarter ended February 28, 2011. Earnings per share for the quarter were up 7 percent on a 7 percent increase in net revenue as higher NIKE, Inc. sales and SG&amp;A expense leverage offset lower gross margin results.Our solid third-quarter results demonstrate the power of the NIKE, Inc. portfolio,&quot; said Mark Parker, President and CEO of NIKE, Inc. &quot;Our unique ability to create deep connections with consumers, led by an impressive pipeline of innovative product and exciting retail experiences, continues to strengthen our brands and accelerate growth. Moving forward, we'll continue to leverage our scale, financial resources, and operational discipline to drive near and long-term value to shareholders.&quot;*As of the end of the quarter futures orders for NIKE Brand athletic footwear and apparel, scheduled for delivery from March through July 2011, totaled $7.9 billion, 11 percent higher than orders reported for the same period last year. Excluding currency changes, reported orders would have increased 9 percent.*By geography, futures orders were as follows:Third Quarter Income Statement ReviewRevenues for NIKE, Inc. increased 7 percent to $5.1 billion or up 8 percent on a currency neutral basis. Revenues for the NIKE Brand were up 8 percent. Excluding the impacts of changes in foreign currency NIKE Brand revenues rose 9 percent driven by growth in all seven NIKE Brand key categories and every geography except Japan. Revenues for our Other Businesses increased 1 percent, with minimal impact from changes in foreign currency exchange rates, as growth in Converse, Cole Haan, and Hurley was largely offset by lower revenues in Umbro and NIKE Golf.<br><a href=http://www.marquechaussures.com/nike-air-max-tn-chaussures-c-243.html>nike air max tn requin</a>

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