Nike Revenue Grows to $1.8 Billion in China

Nike Revenue Grows to $1.8 Billion in China

Assessment

Interactive Video

Business, Physical Ed

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Nike's financial performance, highlighting growth in North America and China. Despite a slight miss on EPS, revenue exceeded expectations with a 5% increase. China's revenue grew by 16%, showcasing strong market momentum. The direct-to-consumer segment performed well, with a 15% growth, while wholesale revenue saw a slight decline. The focus remains on guidance and future strategies to boost wholesale revenue.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall sentiment regarding the earnings quality?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the performance of wholesale revenues during the quarter?

Evaluate responses using AI:

OFF