U.S.: During the third quarter, U.S. revenues increased 2 percent to $1.5 billion versus $1.4 billion for the third quarter of fiscal 2006. U.S. athletic footwear revenues increased 2 percent to $1.0 billion, apparel revenues increased 1 percent to $371.3 million and equipment revenues increased 11 percent to $77.8 million. U.S. pre-tax income decreased 2 percent to $280.2 million from $286.2 million a year ago.
Europe: Third quarter revenues for the European region grew 15 percent to $1.1 billion from $980.1 million for the same period last year. Changes in currency exchange rates increased revenue growth by 9 percentage points. Footwear revenues increased 12 percent to $630.0 million, apparel revenues increased 19 percent to $413.2 million and equipment revenues increased 18 percent to $81.6 million. Pre-tax income increased 18 percent to $246.5 million.
Asia Pacific: In the third quarter revenues in the Asia Pacific region grew 11 percent to $589.9 million compared to $532.3 million a year ago. Changes in currency exchange rates increased revenue by 3 percentage points. Footwear revenues increased 12 percent to $319.4 million, apparel revenues increased 9 percent to $217.4 million and equipment revenues grew 8 percent to $53.1 million. Pre-tax income increased 6 percent to $126.4 million.
Americas: Revenues in the Americas region increased 5 percent to $212.5 million compared to $203.1 million in the third quarter of fiscal 2006. Changes in currency exchange rates did not have a significant impact on revenue growth. Footwear revenues were up 6 percent to $152.8 million, apparel revenues declined 5 percent to $42.3 million and equipment revenues grew 16 percent to $17.4 million. Pre-tax income was up 6 percent to $40.7 million.
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