Home Must Reads Nike profits up

Nike profits up

| Print |  Email
Must Reads
Friday, March 23, 2012

Nike's third-quarter profits rose, boosted by demand for its goods ahead of the Olympics.

The results beat analysts' expectations. But higher costs ate into Nike's gross margin, or the amount of each dollar in revenue a company actually keeps.
Consumer product makers across the board are facing high costs for materials, labor and freight. Nike said some of its costs were easing, though its labor costs remain high.
"I believe there is some stability easing into the broader marketplace as consumer confidence moves higher in most parts of the world," CEO Mike Parker said.

Read more at Bloomberg Businessweek.

{biztweet}nike profit{/biztweet}

 

More Articles

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS