Decoding Nike Inc (NKE): A Strategic SWOT Insight

On October 7, 2024, Nike Inc (NKE, Financial) filed its 10-Q report, revealing a mixed financial performance with revenues of $11.589 billion, a decrease from the previous year's $12.939 billion. Despite this decline, the company maintained a strong gross profit of $5.257 billion, though it was lower than the prior year's $5.720 billion. Net income also experienced a downturn, coming in at $1.051 billion compared to $1.450 billion in the previous year. This financial overview sets the stage for a deeper SWO ...