Company Earnings Update 4 minutesRegister for Free AccessNike (NYSE: NKE) 4Q19 Results: Strong Performance in Direct and Wholesale, Brand Gains Global Market Share Coresight Research June 28, 2019 Executive Summary Nike 4Q19 revenues rose 10% at constant exchange rates, driven by growth across Nike Direct and wholesale. Sales in China grew double digits at constant exchange rates for Nike brand in all categories. The outlook for FY20 is high-single-digit revenue growth offset by foreign exchange effects (which are expected to abate in 2Q20), about 50 bps gross margin expansion and high-single-digit SG&A expense growth, in line with revenue growth Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Chinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid PolicyHead-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubNovember 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth for the New YearConsumers Pursue Conflicting Anti-Inflation Strategies: US Consumer Tracker 2023, Week 23