SN AI Agent Logo

Ask anything about upcoming releases, release dates, restocks, or past sneakers—and get answers instantly from Sneaker News.

*Answers appear on WhatsApp

597331

Nike’s Latest Quarterly Earnings Report Says The Competition Isn’t Even Close

Nike’s Latest Quarterly Earnings Report Says The Competition Isn’t Even Close

Nike Fiscal Year 2015 June 25 2015

Sure, everyone’s talking about Yeezy Boosts right now and MVP Steph Curry put Under Armour on the map, but the don’t mistake headlines and hot releases for a closing of the gap. Both of those brands are doing what they can to inch closer and closer to the Beaverton powerhouse, but Nike’s latest quarterly earnings report affirms that the competition isn’t even close and the margin between Nike and its next competitors is only widening. The Swoosh is growing in sales in three huge markets (U.S., Europe, and China) by incredible percentages and almost every category across the board is experiencing a boost in sales. Simply put, Nike keeps winning, Kanye is so far in its rear-view mirror, and despite Under Armour’s increasing sales, the brand does more than double UA’s annual sales in a single quarter. Read the full report here.

Latest News

Nike Caitlin 1, J. Balvin Jordan 4, And This Week's Best Releases

Like it or not, we’re just days away from the start of Q4, meaning that brands only have a few months to make an impact...

by Matt Varga 20 minutes
14

The Nike Moon Shoe Is In Full Bloom With "Floral Mesh"

Between its status as Jacquemus’ favorite shoe and some heavyweight celebrity endorsements, the Nike Moon Shoe has given us plenty to discuss in its modern...

by Matt Varga 16 hours
433

The Air Jordan 1 Mid Steps In "Pistachio Frost"

Sage green has become one of the most popular colors of the 2020s, more prevalent in interior design than fashion, but present enough that it’s...

by Andrew Rizzo 18 hours
123