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According to this, headquartered in Beaverton, Oregon, company reported earnings, second quarter net profit of $ 457 million, earnings p Cheap air jordan 12 for sale online free shipping er share of $ 0.94; and the 2009 net profit of $ 375 million the same quarter, earnings per share of $ 0.76. Prior to this, Thomson Reuters asked 16 analysts expected earnings per share for the second quarter, Nike's $ 0.88. As more products using full-price sales, product demand, higher inventory levels and increase direct sales to drive profitability, Nike second quarter gross margin was 45.3%, compared to 44.5 per cent. Nike's second-quarter revenue rose 10 percent, reaching $ 4.84 billion, compared to $ 4.41 billion. If yo cheap jordan shoes for men u do not consider the changes in exchange rates, revenue growth in the second quarter was 11%. By contrast, 14 analysts expected revenue of $ 4.81 billion. This quarter, the Nike sports shoes sales rose 11 percent to $ 2.6 billion, sportswear increase of 8% to $ 1.4 billion, an increase of 3% sports equipment, to reach $ 234 million. Nike's second-quarter North American revenue increased 14 percent to $ 1.7 billion, but the Western European market revenue declined 7% to $ 843 million, the Central and Eastern European markets grew 7 percent to 2.23 billion. Greater China revenue grew 20 percent to $ 482 million, but the Japanese market revenue fell 14 percent to $ 192 million. This quarter, revenue grew 24 percent in emerging markets, from $ 607 million a year ago rose to $ 755 million. Other sectors include Cole Haan, Converse Inc., Hurley companies, including Nike Golf and Umbro revenue rose 13 percent to $ 631 million. Delivery date for the global order value from December 2010 to April 2011 increased 11 percent to $ 7.7 billion. Among them, the North American market orders grew 16 percent, flat with last year in Western Europe, Central and Eastern European market grew by 9%, Greater China grew 18 percent, down 2 percent in Japan, 15 percent growth in emerging markets. By the end of the second quarter, Nike's global stock amounted to $ 2.3 billion, an increase of 8%. As a four-year total $ 5 billion stock repurchase program approved by the Board of Directors in September 2008 as part of Nike in the second quarter at a price of approximately $ 280 million to repurchase 3.5 million shares stock. By the end of the second quarter, Nike has repurchased 17.4 million shares, the use of funds of about $ 1.3 billion. Nike by cutting jobs, pause to recruit new employees and manage inventory and other strategic adjustments to cut costs in order to survive the economic crisis. May the company proposed a global long-term strategy, including the 2015 annual revenue growth to more than 5%, the medium-term earnings per share to around 15%. The company plans in 2015 to reach the various brands of revenue $ 27 billion.





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