597331

Nike’s Latest Quarterly Earnings Report Says The Competition Isn’t Even Close

Nike’s Latest Quarterly Earnings Report Says The Competition Isn’t Even Close

Nike Fiscal Year 2015 June 25 2015

Sure, everyone’s talking about Yeezy Boosts right now and MVP Steph Curry put Under Armour on the map, but the don’t mistake headlines and hot releases for a closing of the gap. Both of those brands are doing what they can to inch closer and closer to the Beaverton powerhouse, but Nike’s latest quarterly earnings report affirms that the competition isn’t even close and the margin between Nike and its next competitors is only widening. The Swoosh is growing in sales in three huge markets (U.S., Europe, and China) by incredible percentages and almost every category across the board is experiencing a boost in sales. Simply put, Nike keeps winning, Kanye is so far in its rear-view mirror, and despite Under Armour’s increasing sales, the brand does more than double UA’s annual sales in a single quarter. Read the full report here.

Latest News

Fifteen Can't Miss Sneaker News Headlines From March 30th - April 5th

’ top headlines of the week for the first week of April brought us the first grumblings out of Virgil Abloh’s Off-White camp in...

by Ben Felderstein October 24, 2024
0

As The New NBA Season Begins, It’s Time To Build The Perfect Basketball Sneaker Rotation

The world’s of basketball shoes has never been so deep, so finding the right shopping destination that covers as much of the landscape as possible...

by Ankit Solanki October 24, 2024
0

The KEEN UNEEK Is Commanding Attention In The Growing Outdoor Trend

In modern footwear, the lines between the functional and the fashionable continue to blur. In terms of what companies produce and consumers demand, shoes are...

by Ankit Solanki July 19, 2024
141