Macroeconomic Data - US September CPI increased by 2.4% YoY, slightly down from 2.5%, but above the expected 2.3%[2] - US September PPI rose by 1.8% YoY, exceeding the expected 1.6%[2] - Non-farm employment in the US for September increased by 254,000, significantly above the expected 140,000, marking the largest increase since March 2024[2] Nike Performance - Nike's Q1 FY2025 revenue was $11.589 billion, down 10% YoY, with net profit decreasing by 28% to $1.051 billion[3] - Inventory levels at Nike stood at $8.3 billion, a 5% decrease YoY[3] - North America revenue for Nike was $4.826 billion, down 11% YoY[3] Industry Trends - S&P 500 Consumer Discretionary index decreased by 0.85%, while Hang Seng Consumer index fell by 5.23%[4] - Anta Group reported a mid-single-digit positive growth in retail sales for Q3 2024, while FILA experienced low single-digit negative growth[5] - Fast Retailing's FY2024 revenue reached 3,103.8 billion JPY, up 12.2% YoY, with operating profit increasing by 31.4%[5]
海外消费行业周更新：美国9月非农大超预期，Nike业绩颓势或将延续
Guohai Securities·2024-10-13 14:01