Nike Inc revenues up 12% to $13.7bn for fiscal 2005
28 Jun '05
9 min read
Europe, Middle East and Africa (EMEA)
Fourth quarter revenues for the EMEA region grew four percent to $1.1 b illion . Seven percentage points of this growth were the result of changes in currency exchange rates. Footwear revenues increased nine percent to $689 .6 million, apparel revenues declined four percent to $366.1 million and equipment revenues declinedtwo percent to $73.0 million. Pre-tax income rose 10 percent to $254.2 million.
For the full year, EMEA revenues grew 12 percent to $4.3 billion, compared to $3.8 billion last year. Seven percentage points of this growth were the result of changes in currency exchange rates. Footwear revenues were up 12 percent to $2.5 billion. Apparel revenues increased 12 percent to $1.5 billion and equipment revenues rose nine percent to $284.5 million. Pre-tax income increased 23 percent for the full-year to $917.5 million.
Asia Pacific
In the Asia Pacific Region, quarterly revenues grew 19 percent to $535.0 million. Three percentage points of this growth were the result of changes in currency exchange rates. Footwear revenues were up 16 percent to $269.8 million; apparel revenues increased 21 percent to $210.6 million and equipment revenues grew 32 percent to $54.6 million. Fourth quarter pre-tax income was up 36 percent to $124.0 million.
Full-year Asia Pacific revenues increased 18 percent to $1.9 billion, compared to $1.6 billion last year. Four percentage points of this growth wer
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