Nike Inc. operates in the Rubber and plastics footwear sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nike with three other
shoe manufacturers in North America:
Deckers Outdoor Corporation
sales of $2.13 billion
of which 42%
was UGG brand Wholesale),
Skechers U.S.A. Incorporated
of which 49%
was International Wholesale), and
Wolverine World Wide, Inc
of which 59%
was Wolverine Michigan Group).
During the first
quarter of 2021, sales at Nike totalled
an increase of 2.5%
from the $10.10 billion in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Nike: during 8 of the previous 9
years, sales were highest during the third quarter.
The exception to this was during 2020, when the
fourth quarter was the best quarter, accounting for
29% of sales (during that same year, the
third quarter accounted for 28% of sales).
Nike reported sales of $37.40 billion
May of 2020.
decrease of 4.4%
versus 2019, when the company's sales were $39.12 billion.
Contributing to the drop in overall sales was the 28.6% decline
in Global Brand Divisions, from $42.00 million to $30.00 million.
There were also decreases in sales in
North America (down 8.9% to $14.48 billion)
Europe,middle East and Africa (down 4.7% to $9.35 billion)
Asia Pacific and Latin America (down 4.3% to $5.03 billion)
Converse (down 3.1% to $1.85 billion)
However, these declines were partially offset by the increase in sales of
Greater China (up 7.6% to $6.68 billion)