Evaluating Nike Final

In: Business and Management

Submitted By Deme0219
Words 1764
Pages 8
Evaluating Financial Health Demetress T. Scott Axia College University of Phoenix Instructor: Elizabeth Mullaney April 18, 2010

Nike is the leading manufacturer of athletic shoes, equipment and apparel. Nike is one the most heavily advertised and best known brands in the world. Nike has reach over 170 countries, subsidiaries name include: Cole Haan, Converse Inc., Hurley International LLC, Nike Golf, Umbro Ltd., to name a few. As of May 31, 2009 Nike operated 338 retail stores in the United States of America and 336 retail stores internationally.
(U.S. Securities and Exchange Commission, 2009)

Financial Performance
Nike is definitely the leader within its sector of footwear and accessories. Nike does show vulnerability due to a decline in 2009 compared to 2008 in regard to the Net Income. In 2008, Nike showed a growth within the Net income ratio totaled to 26.28%, in 2009 Nike net income ratio equaled 21.06% showing a decline of 5.22%.
The Cash Flow of Operation show a decline from the previous year as well; however, the company strength is still standing strong at 1.74 billion. Increase in the capital transpired in November 19, 2009, which reflects growth in regard to the Total Revenue and Gross Profit Margin; the…...

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