Nikes – 52% increase in third quarter revenue

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Nikes


Nikes
+0.66%




Base:8,606

opening:8,606

High:8,800

low:8,460

change:618,104

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which trades in Israel and abroad reports that revenues in the third quarter of 2022 are expected to be approximately 47 million dollars, an increase of approximately 52% compared to the third quarter of 2021. The number of connected and managed points of sale amounted to nearly 685 thousand, an increase of approximately 50 % compared to the third quarter of 2021

The number of transactions at the points of sale cleared by the company in the third quarter of this year reached about 341 million, an increase of about 56% compared to the corresponding quarter last year

Yair Nichim, CEO and Chairman of the Nikes Board of Directors says that – “Revenues for the quarter are expected to be between 46.5 and 47.5 million dollars. The business momentum and strong demand continued in this quarter as well in light of our global and diverse deployment, with an emphasis on an increase in the number of customers and high growth in the scope of managed devices and the connected.

“The third quarter results reflect some of the best performance in the company’s history over the years and the consistent performance shows how extraordinarily capable the Nike team is in our strategic growth areas. We are very pleased with the continued business momentum and the strong results we have seen throughout the year, reinforcing confidence in our unique position in the market and the company’s growth forecast.”

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