The Financial Statement Of Nike, Inc. - 846 Words

Similarities Differences: Within the financial statement of Nike, Inc. there are tremendous similarities due to the consistency as well efficiency of the conduction of business. However, with these similarities is a fair deal of differences due to economic stability as well as the adoption product ideas and innovative methods that aid Nike to continue for the better of the company: by reaching new levels of sustainability as they enhance product performance, by developing, more meaningful connections with consumers, and by presenting their products in compelling experiences at retail. The annual reports of 2010 to 2014 clearly distinguish the letter to shareholders in the same placement but the content with each year are not similar by any means; within 2010, they created six new strategic geographies to focus their effort where passion and culture of sport are strongest. Nike pushed forward an aggressive retail agenda in store and online. Revenue at $19 billion the previous year w ent down 1 percent under EPS and future orders. Their income from other operation contributed more than $2.5 billion in revenue and generated $2.8 billion in free cash flow from operations and had $5 billion in cash and short-term investments on their balance sheet. Revenue from direct to consumer increased 12% to near $2.5 billion. Gross margins came in at 46.3 percent for the year. That was the year of the World cup, whereby they showed tremendous acceleration they generated in the back ofShow MoreRelatedWorking Capital Strategis Essay examples1405 Words   |  6 PagesAbstract The following content provided will include information regarding Nikes Inc. cash management strategies, which will include more in depth information from the previous group paper. In addition, working capital recommendations will be provided to senior management base on next year’s in the pro-forma financial statements. Working Capital Strategies Paper Financial statements are a vital factor of any business organization; they show where a company’sRead MoreNike, Inc. : The World s Largest Supplier Of Athletic Shoes1081 Words   |  5 Pages Nike, Inc. is a multinational corporation based out of Oregon. It is known as the world’s largest supplier of athletic shoes and apparel. It was originally called Blue Ribbon Sports, and founded by Phil Knight and Bill Bowerman. They started the shoe business by importing athletic shoes from Japan. In 1964, during the first year of business, Blue Ribbon Sports sold 1300 pairs of Japanese running shoes grossing around $8,000. In 1965 the company hired its first full-time employee with sales reachingRead MoreEssay about Nike Financial Ratio Executive Summary1447 Words   |  6 PagesNIKE, INC.: Executive Summary Financial Statement Ratios According to Nike’s SIC number (3021), the company is classified in the â€Å"rubber and plastic footwear† industry. Relying upon this information Mergent Online identified the following American companies as competitors to Nike: †¢ Columbia Sportswear Company Annual Revenue $ 1,483,524,000 †¢ Deckers Outdoor Corporation Annual Revenue $ 1,000,989,000 †¢ Crocs, Inc. Annual Revenue $ 789,695,000 †¢ Bakers Footwear Group AnnualRead MoreNike s Product And Apparel Divisions Essay1065 Words   |  5 PagesNike sales by division from 2011 to 2016 are shown in Chart Y. Its Footwear and Apparel divisions are the largest contributors of sales, accounting for 61.4% and 28%, respectively in 2016. Footwear captures about 70% of the entire footwear market, with competitors such as Under Armour, Adidas, and Skechers (Bloomberg). The footwear division includes running shoes, training shoes, basketball shoes, etc (Trefis, 2014). Year 2016 was a year filled of growth for Nike. This success was due to a â€Å"robustRead MoreNike, Mission, Vision, Values, Principles Essay704 Words   |  3 PagesRunning head: NIKE, Inc. Mission, Vision, Principles 1 NIKE, Inc. Mission, Vision, Principles Ameirah Aldahmani MSM631 – Strategic Management and Financial Reports Analysis Regis University Saturday, September 04, 2010 Abstract This paper is a qualitative and quantitative analysis of NIKE, Inc., done as six separate sections. The six sections of the project are external environment analysis, S.W.O.T analysis, executive interview, strategic and tactical plans and controls, structure,Read MoreTechnique Of Disclosure : Nike Inc. Essay714 Words   |  3 PagesTechnique of Disclosure: Nike Inc. disclosed this relevant information that have an effect of various contingencies on financial condition by using the methods of valuation assets and liabilities, and the company’s contracts and agreements. They use parenthetical explanations, notes, cross-reference and contra items, and supporting schedules. Nike’s annual report of 2014 contains many supporting schedules in order to illustrate and reinforced what was disclosed in a particular section such as theRead MoreNike s Competitiveness And External Environment1488 Words   |  6 Pagesareas of interest. The political factors for Nike are the possib ility of tariffs being imposed by the United States federal government in their overseas operations. According to the world manufacturing map, Nike has factories in 42 countries (Nike, Inc, 2017). Therefore, tariffs, sanctions, or embargos that could be placed because of turmoil in countries such as, Russia, North Korea, or Venezuela; have the potential to be catastrophic for companies like Nike. Consequently, all of their manufacturingRead MoreNike, Inc. Statement Fiscal 2015 Fourth Quarter And Full Year Results Essay766 Words   |  4 Pages(NIKE, INC. Reports Fiscal 2015 Fourth Quarter And Full Year Results.NIKE, Inc. NIKE, Inc., 25 June 2015. Web. 28 Nov. 2015 ). The negative impact in Nike s financial numbers came upon due to the changes in foreign exchange rates, decreasing the earnings of Nike. Above we can see how inventories actually increased thirteen percent and the predicted future orders went up eleven percent excluding the currency change making it twelve percent (Parsons, Russell). During the beginning of the first quarterRead MoreNike s Marketing Plan For Nike Essay962 Words   |  4 PagesFounded January 25, 1967, NIKE, Inc. (About Nike, 2016) became one of the biggest designing and marketing companies across the globe. A designer and marketer, Nike sells athletic footwear, apparel, equipment and accessories for men, women and children/infants. The company has three major brands as found on their product portfolio: NIKE, Jordan, Hurley and Converse. Their product is sold through-out North America, Central America, South America, Asia-Pacific, Africa, the Middle East and Europe andRead MoreThe Financial Fitness Of Chester, Inc.1200 Words   |  5 PagesThis report is designed to provide an evaluation of the financial fitness of Chester, Inc. through the creation and analysis of a full set of financial statements. Methods that will be used to analyze the income statement, balance sheet and statement of cash flows include: horizontal and vertical analysis, rat io analysis and comparison to competitors and the industry. All calculations used to create the financial statements and analyze them can be found in the appendix of this document. A list of