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PR Newswire Beaverton, Oregon June 26 call: Nike (NIKE, Inc.) (NYSE:NKE) today announced the company as of May 31, 2007 financial results for fiscal year 2007. 2007 fiscal year, the company's revenue over the previous year to 150 billion dollars over the same period by 9% to 16.3 billion. Net income over the same period of 1.4 billion increased 7% to 1.5 billion. The diluted earnings per share of $ 2.64 over the same period increased 11% to $ 2.93. Fourth quarter of fiscal 2007, the company's revenue over the previous year to 40 billion dollars over the same period by 9%, to 44 billion U.S. dollars. Fourth quarter net earnings over the same period of $ 332,800,000 increased 32% to $ 437,900,000. The diluted earnings per share of $ 0.64 over the same period increased 34% to 0.86 dollars. Changes in exchange rates so that the company in 2007 and fourth quarter of fiscal year revenue growth by 2 percentage points. Nike President and CEO Mark - Parker (Mark Parker) Commenting on this performance, said: "Nike's performance has been growing, fiscal year 2007 is no exception. We have also achieved a record year for business income, earnings and cash flow were a record high. Nike brand is known around the world, a subsidiary of Nike's performance continues to increase contributions. "
Parker went on to say: "Now Nike has more than ever, good growth opportunities, we have applied to the views of consumers, develop performanceProducts and unique ability to enhance the user experience. This is why Nike, the world leader in the industry a very important reason. "
The company announced the global athletic footwear and apparel pre-orders (pre-delivery period is from June 2007 to November 2007) the total value of 77 billion U.S. dollars, rose by 12%. Exchange rate changes to futures growth by 1 percentage point.
By region, futures orders for the United States increased 7%; Europe (including the Middle East and Africa) increased 12%; Asia Pacific grew by 19%; the Americas increased 15%. Exchange rate movements in Europe and the Asia Pacific region makes the futures orders growth by 1 percentage point, respectively, and 4 percentagePoint, causing futures orders for the Americas region decreased by 1 percentage point.
Fourth quarter of fiscal 2007, the company's Asia Pacific revenues increased 7% to $ 596,900,000, while the same period last year, compared with $ 558,600,000. Changes in exchange rates increased revenue growth by 2 percentage points. Footwear revenues increased 7% to $ 296,400,000, apparel revenues increased 7% to $ 240,400,000, and equipment revenues grew 8% to $ 60,100,000. Pre-tax income growth in the fourth quarter by 37% to $ 118,500,000.
Fiscal year 2007, Asia-Pacific revenues increased 11% to 23 billion, compared with 2.1 billion a year earlier. Changes in exchange rates increased revenue growth by 1 percentage point. Footwear revenues were 1.2 billion, compared with a year of 10 billion dollars over the same period by 11%; apparel revenues increased 11% to $ 909,300,000, and equipment revenues grew 11% to 214.9 million dollars. Pre-tax income in fiscal year 2007 increased 17% to $ 483,700,000.