Insight Report 2 minutes PremiumNike (NKE) 4Q16 Results: North American Revenues Fall Short Coresight Research June 28, 2016 Executive Summary Nike reported fiscal 4Q16 EPS of $0.49, above the consensus estimate of $0.48. Total revenue was $8.24 billion, below consensus of $8.28 billion. Revenues for the Nike brand were up 13%, excluding the impact of foreign currency. Nike brand sales to the wholesale channel increased by 9%, excluding foreign exchange. Direct-to-consumer revenues were up 25%, excluding foreign exchange, driven by a 51% increase in online sales, new stores and 10% comp growth. As of May 31, worldwide future orders for June through November were up 8% year over year, or up 11% excluding foreign exchange, versus consensus of 12.0%. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Copley Place and Prudential Center—Demonstrating the Potential of Urban Mixed-Use MallsJanuary 2023 US Retail Traffic and In-Store Metrics: Traffic Growth Strengthens to 14%March 2023 UK Retail Sales: Online Sales Return to GrowthPet Apparel and Accessories: A Niche Market with Strong Growth Potential
