Home Street Fashion American sportswear company Nike’s revenues at $51.4 bn in FY24

American sportswear company Nike’s revenues at $51.4 bn in FY24

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Nike reported FY24 revenues of $51.4 billion, a 1 per cent increase on a currency-neutral basis.
Net income rose 12 per cent to $5.7 billion.
The Nike brand grew 1 per cent in FY24, driven by strong performance in Greater China and APLA.
However, Converse revenues declined 14 per cent.
The company’s revenues in Q4 FY24 were $12.6 billion.Nike reported FY24 revenues of $51.4 billion, a 1 per cent increase on a currency-neutral basis.
Net income rose 12 per cent to $5.7 billion.
The Nike brand grew 1 per cent in FY24, driven by strong performance in Greater China and APLA.
However, Converse revenues declined 14 per cent.
The company’s revenues in Q4 FY24 were $12.6 billion.