Nike's annual sales income of 15 billion U.S. dollars hits a record high

The world’s largest sports goods manufacturer Nike’s financial report released on the 27th showed that in the fiscal year ending May 31, the company’s sales revenue reached US$15 billion, a record high.

The financial report shows that Nike’s annual sales revenue in the previous fiscal year increased by 9% compared with the 13.7 billion US dollars in fiscal 2005. In the same period, the company’s profit was US$1.4 billion, an increase of 15% from the previous fiscal year.

However, in the fourth fiscal quarter of fiscal 2006, Nike’s profit was only US$330 million, a decrease of 5% year-on-year. Nikolai’s chief financial officer Don Blair said that this was mainly due to the fact that the company’s sports brand “Hoonway” was involved in a patent dispute in the quarter and that Nike spent a lot of money on marketing in this World Cup football game. Corporate profitability.

Mark Parker, president and chief executive officer of Nike, said that the company will work hard to reverse the decline in sales in Japan, France, and the United Kingdom. In particular, he pointed out that Nike’s business in the Chinese market has doubled in the past two years.