Nike continued to suffer the global slowdown as net income dropped 12% in their fiscal first quarter.
FORBES: Nike's Pain: Falling Profits Drag Down Margins As China Orders Drop
The company was hit the hardest in the first quarter as its net income dropped by 94.3%.
The company was hit the hardest in the most recent quarter as its net income dropped by 46%.
The company was hit the hardest in the most recent quarter as its net income dropped by 64.6%.
The company was hit the hardest in the most recent quarter as its net income dropped by 44.4%.
The company was hit the hardest in the most recent quarter as its net income dropped by 85.6%.
The company was hit the hardest in the most recent quarter as its net income dropped by 27.8%.
The company was hit the hardest in the fourth quarter of the last fiscal year as its net income dropped by 40.1%.
The company was hit the hardest in the fourth quarter of the last fiscal year as its net income dropped by 26.6%.
The company was hit the hardest in the first quarter of the last fiscal year as its net income dropped by 77.9%.
The company was hit the hardest in the fourth quarter of the last fiscal year as its net income dropped by 30%.
The company was hit the hardest in the third quarter of the last fiscal year as its net income dropped by 41.9%.
The company was hit the hardest in the fourth quarter of the last fiscal year as its net income dropped by 87.3%.
The company was hit the hardest in the fourth quarter of the last fiscal year as its net income dropped by 57.3%.
The new figures show that total profits as a share of national income has dropped sharply, from over 12% in 1997 to just 8% last year.
That drop reflected an easier burden for homeowners as mortgage debt payments dropped to 8.90 percent of disposable income in the third quarter, the lowest in 11 years.
Economists expected incomes to increase by only 0.4%, showing that more income is flowing into households, but it is also apparently being saved, as consumer purchases dropped compared with December, to an increase of 0.2% in January.
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