Revenue increased to $ 313 million from $ 310 million a year earlier, slightly lower than the average cheap nike shox analysts expected $ 314 million. The Nike weak revenue growth due to the same period last year of strong revenue numbers, the economic weakness in Europe, as well as the impact of unfavorable exchange rates. Wo Fulin said that the rise in production costs and unfavorable sales mix,http://www.cheapnikeshoesz.com/ including substantial price cuts of autumn and winter of Nike products, resulting in the Nike gross margin fell to 37.8 percent from 39.4 percent in the same period last year.
Based on their expectations for the second half of fiscal year sales, cheap nike free run 2 has reiterated its full-year adjusted earnings per share is expected to be 2.70-2.80 U.S. dollars, on revenue of $ 1.46 billion to -15 billion. Analysts on average expected Nike full-year profit of $ 2.71 per share, on revenue of $ 1.6 billion.
July 5, once the domestic sports brands, a brother of the nike shoes online Corporation, a major personnel changes, company CEO Zhang Zhiyong outgoing. Correspondingly, since 2004 has been phased out of Nike business "came back." This one out seems just a change of an internal fact it is a significant decision to reverse the decline of Nike "Prince of Gymnastics" also reappear in the people's attention.
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