87 087
Fashion Jobs
LULULEMON
Community Specialist | Summit, Springfield Ave
Permanent · SUMMIT
LULULEMON
Expeditor | Cherry Creek
Permanent · DENVER
LULULEMON
Community Specialist | Friendly Center
Permanent · GREENSBORO
NORDSTROM
Customer Service Representative - Hillsdale Shopping Center
Permanent · SAN MATEO
NORDSTROM
Retail Stock - Mercer Mall Rack
Permanent · LAWRENCE TOWNSHIP
NORDSTROM
Manager- Service Experience- Baton Rouge Mall Rack
Permanent · BATON ROUGE
NORDSTROM
Retail Stock - Sugar House Rack
Permanent · SALT LAKE CITY
NORDSTROM
Asset Protection - Agent - Aventura
Permanent · AVENTURA
NORDSTROM
Retail Stock - Northwoods Rack
Permanent · SAN ANTONIO
NEIMAN MARCUS
Business Manager Tom Ford, Beauty (PT, 35 Hours) - FT. Worth
Permanent · FORT WORTH
NEIMAN MARCUS
Sales Manager, Designer Rtw
Permanent · CORAL GABLES
NEIMAN MARCUS
Sales Professional, Beauty
Permanent · NEW YORK
TIFFANY & CO
Manager, HR Business Partner
Permanent · NEW YORK
URBN
Security Officer (Monday-Thursday; Overnight Shift)
Permanent · LEVITTOWN
AMERICAN EAGLE OUTFITTERS
ae - Market Visual Leader - us
Permanent · MCLEAN
CROCS
Supervisor, Distribution Center - 1st Shift
Permanent · LAS VEGAS
NEWELL
Associate Brand Manager, Coleman
Permanent · ATLANTA
NEWELL
Senior Director, Analytics
Permanent · HOBOKEN
NEWELL
sr. Manager, Customer Planning
Permanent · ATLANTA
NEWELL
Finance Manager, bp&a
Permanent · ATLANTA
BALLARD DESIGNS
Retail Receiving Manager
Permanent · ROSWELL
FRONTGATE
Merchandise Operations Specialist
Permanent · WEST CHESTER TOWNSHIP
By
Reuters
Published
Dec 21, 2011
Download
Download the article
Print
Text size

Brand power helps Nike beat estimates

By
Reuters
Published
Dec 21, 2011

Nike Inc's quarterly results beat Wall Street estimates, as its branded merchandise sold well across the world despite higher prices.

Nike
Nike by Andy Warhol, Photo: Corbis Images

Worldwide futures orders for the Nike brand, a closely watched measure of demand in coming months, grew 13 percent to $8.9 billion at the end of the quarter.

For the second quarter ended November 30, the world's biggest sports clothing maker earned $469 million, or $1 a share, compared with $457 million, or 94 cents a share, last year.

Revenue rose 18 percent to $5.73 billion.

Analysts, on average, were expecting earnings of 97 cents a share, on revenue of $5.63 billion, according to Thomson Reuters I/B/E/S.

Excluding foreign exchange fluctuations, revenue for the Nike brand rose 18 percent with growth in all markets except for Japan, and in all key categories except Action Sports, the company said in a statement.

The company, which also owns brands like Converse, Cole Haan, Umbro and Hurley, said revenues from these segments increased 5 percent.

Shares of the Beaverton, Oregon company were up at $94.67 in after-market trade on Tuesday. They closed at $93.63 on the New York Stock Exchange.

(Nivedita Bhattacharjee in Bangalore; Editing by Unnikrishnan Nair)

© Thomson Reuters 2024 All rights reserved.