Company Earnings UpdateNike (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sector Focus: Beauty Retailing—Data GraphicBlack Friday 2025: Key Insights from US Stores—Solid Shopper Demand, Some True Doorbusters and Greater Omnichannel IntegrationFreeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilAnalyst Corner: Understanding US Consumer Economy Resilience Amid Macroeconomic Challenges, with Manik Bhatia
