LeapZipBlog: caicai2017's blog: across its footwear and apparel categories.

across its footwear and apparel categories.

May 10, 2019 by caicai2017  

Our growth reflects double-digit Adidas ZX 700 Mujer currency-neutral momentum internationally and high-single-digit growth in North America. Gross margin expanded by 130 basis points in Q3 as average gross selling prices expanded, strong demand drove higher full-price sales, and higher-margin [direct-to-consumer] growth outpaced wholesale growth. Nike hit all the right notes in the quarter, with healthy global demand culminating in an 11% sales increase after adjusting for foreign exchange swings. Rival Under Armour, in contrast, boosted revenue by just 3%. There were pockets of relative weakness, to be sure. Notably, Nike's North American sales gains slowed to 7% after accelerating in each of the last three quarters. Given Nike Air VaporMax Womens strong sales volumes and pricing, executives saw the drop as just part of normal volatility rather than an indication of softening demand. The company's global Nike Free Run 2.0 Donneapparel division rose by 10% and trailed the 13% spike in footwear. The clothing segment had grown 13% over the prior six months. Still, Nike's overall results reflect healthy demand, rising prices, and booming digital growth -- just as executives have been targeting since late 2017.Nike was correct back in 2017 when it predicted that product innovations would drive most of its growth in the coming years. But executives underestimated the power of that pipeline. Rather than delivering a bit more than half of the gains, the Adidas Superstar Donne company has said fresh launches have been responsible for about 80% of growth in recent quarters. That trend held in the latest period, executives said, www.laboamberieu.fr with good results from new platforms like the Vapormax sneaker, which is one of its most popular products and retails for up to $200. The good news is that Nike Air Max 270 Femme this success gives Nike a clear path toward continuing to make market share gains. It also provides support for the management team to keep their foot on the accelerator with respect to innovative launches across its footwear and apparel categories.Overall, we expect to deliver high-single-digit revenue growth as well as gross margin expansion [in fiscal 2020] and profitability in line with the long-term financial model we Nike's growth outlook indicates that management expects to continue boosting sales and modestly expanding Adidas NMD Mujer profitability in the final quarter of fiscal 2019 and throughout 2020. The short-term earnings forecast isn't especially strong since the fiscal fourth Adidas ZX 850 Femme quarter will include elevated spending on the supply chain and on growth initiatives, in addition to foreign currency pressures. Yet for the closing of 2019, and Nike Roshe Run Damen for all of 2020, Parker and his team believe they'll achieve or surpass their aggressive annual sales and profit targets of around 8% revenue growth and rising gross profit margin. The slowdown in the North American region might keep investor attention on that geography over the next few quarters, but key metrics like inventory, pricing, and digital sales all support an optimistic reading of Nike's broader business trends. Management will issue a more detailed assessment after the close of the fourth quarter. As of now,Nike Air Max 2016 Femme though, there's every reason to expect the footwear giant to notch a third straight year of robust growth in fiscal 2020.