MADRID, 22 Mar. (EUROPA PRESS) –
The sports textile firm Nike recorded a net profit of 4,607 million dollars (4,173 million euros) in the first nine months of its fiscal year, which is equivalent to an increase of 9.2% compared to the same period of the year above, according to the company.
The net income of the multinational between June 2021 and February 2022 increased by 7% year-on-year, to 34,476 million dollars (31,232 million euros).
Nike sales in North America totaled 13,238 million dollars (11,992 million euros), 12% more, and in the EMEA region (Europe, the Middle East and Africa) they grew 9%, to 9,228 million dollars (8,360 million euros). euros).
On its side, the company’s revenues in China fell 6% in the quarter, to 5,986 million dollars (5,423 million euros), while they increased 10% in Asia Pacific and Latin America, to 4,273 million dollars (3,871 millions of euros).
In the third quarter of its fiscal year, which ended on February 28, Nike obtained a net profit of 1,396 million dollars (1,265 million euros), 3.6% less than in the same period of the previous year. On its side, the multinational increased its sales by 5%, to 10,871 million dollars (9,848 million euros).
“Nike’s strong results this quarter show that our strategy is working,” said John Donahoe, Nike’s president and CEO. “We have the right playbook to navigate volatility and create value,” he added.
