Nike Inc's Suppliers Performance
NKE's Supply Chain
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NKE Costs vs Sales of Suppliers Growth |
Revenues of Nike Inc's Suppliers, deteriorated by -1.51 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.75 %, Nike Inc's cost of sales deteriorated by -6.09 % year on year, sequentially cost of sales grew by 10 % in Q4.
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Nike Inc's Suppliers realized a deteriorated in sales by -1.51 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.75 %, Nike Inc's cost of sales deteriorated by -6.09 % year on year, sequentially cost of sales grew by 10 % in Q4.
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News about
Nike Inc Contracts
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Nike Shareholders Under Scrutiny: Lead Plaintiff Deadline Approaches Amid Financial WoesIn a significant reminder for investors, ClaimsFiler has announced that the deadline to file lead plaintiff applications in a class action lawsuit against NIKE, Inc. (NYSE: NKE) is set for August 19, 2024 . The lawsuit, which is currently pending in the United States District Court for the District of Oregon, highlights growing concerns among shareholders regarding Nike?s financial performance and overall corporate governance.As one of the foremost suppliers of athletic apparel and footwear globally, Nike?s recent financial turmoil has raised eyebrows within the investment community. Reports reveal that revenues from Ni...
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Nike Inc's Comment on Supply Chain
We are supplied by approximately 150 footwear factories located in 14 countries.
The largest single footwear factory accounted for approximately 5% of total
NIKE Brand footwear production. Virtually all of our footwear is manufactured
outside of the United States by independent contract manufacturers who often
operate multiple factories. Contract factories in Vietnam, China, and Indonesia
manufactured approximately 43%, 28%, and 25% of total NIKE Brand footwear, respectively.
We also have manufacturing agreements with independent factories in Argentina,
Brazil, India, and Mexico to manufacture footwear for sale primarily within
those countries.
We are supplied by approximately 430 apparel factories located in 41 countries.
The largest single apparel factory accounted for approximately 7% of total NIKE
Brand apparel production. Virtually all of our apparel is manufactured outside
of the United States by independent contract manufacturers who often operate
multiple factories. In fiscal 2014, most of this apparel production occurred
in China, Vietnam, Thailand, Indonesia, Sri Lanka, Pakistan, and Malaysia.One
apparel contract manufacturer accounted for greater than 10% of apparel production,
and the top five contract manufacturers in aggregate accounted for approximately
34% of NIKE Brand apparel production.
The principal materials used in our footwear products are natural and synthetic
rubber, plastic compounds, foam cushioning materials, nylon, leather, canvas,
and polyurethane films used to make NIKE Air-Sole cushioning components.
NIKE IHM, Inc., a wholly-owned subsidiary of NIKE, Inc., with facilities near
Beaverton, Oregon and in St. Louis, Missouri, as well as independent contractors
in China and Vietnam, were our largest suppliers of the Air-Sole cushioning
components used in footwear. The principal materials used in our apparel products
are natural and synthetic fabrics and threads (both virgin and recycled), specialized
performance fabrics designed to efficiently wick moisture away from the body,
retain heat, repel rain and/or snow, as well as plastic and metal hardware.
NIKE’s independent contractors and suppliers buy raw materials in bulk
for the manufacturing of our footwear, apparel, and equipment products. Most
raw materials are available and purchased by those independent contractors and
suppliers in the countries where manufacturing takes place. NIKEs independent
contract manufacturers and suppliers have thus far experienced little difficulty
in satisfying raw material requirements for the production of our products.
Since 1972, Sojitz Corporation of America (“Sojitz America”),
a large Japanese trading company and the sole owner of our redeemable preferred
stock, has performed significant import-export financing services for us. Sojitz
America provided financing and purchasing services for NIKE Brand products sold
in certain NIKE markets including Argentina, Uruguay, Canada, Brazil, India,
Indonesia, the Philippines, Malaysia, South Africa, and Thailand, excluding
products produced and sold in the same country. Approximately 8% of NIKE Brand
sales occurred in those countries. Any failure of Sojitz America to provide
these services or any failure of Sojitz America’s banks could disrupt
our ability to acquire products from our suppliers and to deliver products to
our customers in those markets. Such a disruption could result in canceled orders
that would adversely affect sales and profitability. However, we believe that
any such disruption would be short-term in duration due to the ready availability
of alternative sources of financing at competitive rates.
Nike Inc's Comment on Supply Chain
We are supplied by approximately 150 footwear factories located in 14 countries.
The largest single footwear factory accounted for approximately 5% of total
NIKE Brand footwear production. Virtually all of our footwear is manufactured
outside of the United States by independent contract manufacturers who often
operate multiple factories. Contract factories in Vietnam, China, and Indonesia
manufactured approximately 43%, 28%, and 25% of total NIKE Brand footwear, respectively.
We also have manufacturing agreements with independent factories in Argentina,
Brazil, India, and Mexico to manufacture footwear for sale primarily within
those countries.
We are supplied by approximately 430 apparel factories located in 41 countries.
The largest single apparel factory accounted for approximately 7% of total NIKE
Brand apparel production. Virtually all of our apparel is manufactured outside
of the United States by independent contract manufacturers who often operate
multiple factories. In fiscal 2014, most of this apparel production occurred
in China, Vietnam, Thailand, Indonesia, Sri Lanka, Pakistan, and Malaysia.One
apparel contract manufacturer accounted for greater than 10% of apparel production,
and the top five contract manufacturers in aggregate accounted for approximately
34% of NIKE Brand apparel production.
The principal materials used in our footwear products are natural and synthetic
rubber, plastic compounds, foam cushioning materials, nylon, leather, canvas,
and polyurethane films used to make NIKE Air-Sole cushioning components.
NIKE IHM, Inc., a wholly-owned subsidiary of NIKE, Inc., with facilities near
Beaverton, Oregon and in St. Louis, Missouri, as well as independent contractors
in China and Vietnam, were our largest suppliers of the Air-Sole cushioning
components used in footwear. The principal materials used in our apparel products
are natural and synthetic fabrics and threads (both virgin and recycled), specialized
performance fabrics designed to efficiently wick moisture away from the body,
retain heat, repel rain and/or snow, as well as plastic and metal hardware.
NIKE’s independent contractors and suppliers buy raw materials in bulk
for the manufacturing of our footwear, apparel, and equipment products. Most
raw materials are available and purchased by those independent contractors and
suppliers in the countries where manufacturing takes place. NIKEs independent
contract manufacturers and suppliers have thus far experienced little difficulty
in satisfying raw material requirements for the production of our products.
Since 1972, Sojitz Corporation of America (“Sojitz America”),
a large Japanese trading company and the sole owner of our redeemable preferred
stock, has performed significant import-export financing services for us. Sojitz
America provided financing and purchasing services for NIKE Brand products sold
in certain NIKE markets including Argentina, Uruguay, Canada, Brazil, India,
Indonesia, the Philippines, Malaysia, South Africa, and Thailand, excluding
products produced and sold in the same country. Approximately 8% of NIKE Brand
sales occurred in those countries. Any failure of Sojitz America to provide
these services or any failure of Sojitz America’s banks could disrupt
our ability to acquire products from our suppliers and to deliver products to
our customers in those markets. Such a disruption could result in canceled orders
that would adversely affect sales and profitability. However, we believe that
any such disruption would be short-term in duration due to the ready availability
of alternative sources of financing at competitive rates.
NKE's Suppliers Net Income grew by |
NKE's Suppliers Net margin grew in Q4 to |
28.43 % |
4.34 % |
NKE's Suppliers Net Income grew by 28.43 % |
NKE's Suppliers Net margin grew in Q4 to 4.34 % |
NKE's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Nike Inc
|
108,829.60 |
48,978.00 |
4,886.00 |
79,400 |
Dupont De Nemours Inc
|
35,044.76 |
12,386.00 |
738.00 |
24,000 |
|
Eastman Chemical Co
|
11,918.39 |
9,382.00 |
908.00 |
14,500 |
|
Dow Inc
|
27,487.72 |
42,964.00 |
1,201.00 |
35,900 |
A negative correlation coefficient of -0.105 implies that the revenue of Dow Inc does not correlate significantly with that of Nike Inc . |
Hub Group Inc
|
2,618.37 |
3,957.90 |
108.46 |
2,900 |
The revenue of Hub Group Inc does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.109 |
Janel Corporation
|
42.85 |
193.59 |
0.69 |
0 |
|
Csx Corporation
|
64,737.80 |
14,681.00 |
3,636.00 |
23,000 |
|
Union Pacific Corp
|
151,675.29 |
24,288.00 |
6,637.00 |
32,973 |
A negative correlation coefficient of -0.396 implies that the revenue of Union Pacific Corp does not correlate significantly with that of Nike Inc . |
Norfolk Southern Corporation
|
58,012.60 |
12,123.00 |
2,622.00 |
20,300 |
A negative correlation coefficient of -0.169 implies that the revenue of Norfolk Southern Corporation does not correlate significantly with that of Nike Inc . |
Yellow Corporation
|
57.21 |
4,846.00 |
-80.00 |
0 |
Yellow Corporation's revenue correlates notably with that of Nike Inc . The correlation coefficient is 0.673 |
Arcbest Corporation
|
2,240.14 |
4,266.91 |
193.72 |
15,000 |
The revenue of Arcbest Corporation does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.127 |
Covenant Logistics Group Inc
|
374.08 |
1,128.13 |
42.00 |
3,800 |
A negative correlation coefficient of -0.263 implies that the revenue of Covenant Logistics Group Inc does not correlate significantly with that of Nike Inc . |
J b Hunt Transport Services Inc
|
17,360.91 |
12,244.56 |
568.97 |
34,718 |
The revenue of J b Hunt Transport Services Inc does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.167 |
Old Dominion Freight Line Inc
|
44,409.94 |
5,924.53 |
1,245.74 |
22,902 |
A negative correlation coefficient of -0.217 implies that the revenue of Old Dominion Freight Line Inc does not correlate significantly with that of Nike Inc . |
Werner Enterprises Inc
|
2,220.25 |
3,193.71 |
262.43 |
9,500 |
The factor of 0.422 indicates a mild correlation between Werner Enterprises Inc 's revenue and those of Nike Inc . |
Saia Inc
|
13,060.44 |
3,171.25 |
375.19 |
12,014 |
A negative correlation coefficient of -0.380 implies that the revenue of Saia Inc does not correlate significantly with that of Nike Inc . |
Heartland Express Inc
|
894.12 |
1,080.28 |
72.97 |
6,040 |
The factor of 0.309 indicates a mild correlation between Heartland Express Inc's revenue and those of Nike Inc . |
Marten Transport Ltd
|
1,231.01 |
1,208.17 |
109.57 |
4,213 |
The factor of 0.389 indicates a mild correlation between Marten Transport Ltd 's revenue and those of Nike Inc . |
Knight swift Transportation Holdings Inc
|
8,788.16 |
7,477.72 |
35.97 |
8,400 |
A negative correlation coefficient of -0.040 implies that the revenue of Knight swift Transportation Holdings Inc does not correlate significantly with that of Nike Inc . |
Pam Transportation Services Inc
|
430.39 |
728.29 |
-2.45 |
2,512 |
The factor of 0.321 indicates a mild correlation between Pam Transportation Services Inc's revenue and those of Nike Inc . |
C h Robinson Worldwide Inc
|
12,002.98 |
17,724.96 |
465.69 |
15,246 |
|
Performance Shipping Inc
|
57.57 |
108.94 |
58.81 |
6 |
The factor of 0.243 indicates a mild correlation between Performance Shipping Inc 's revenue and those of Nike Inc . |
Expeditors International Of Washington Inc
|
16,027.72 |
9,923.58 |
734.62 |
18,000 |
A negative correlation coefficient of -0.313 implies that the revenue of Expeditors International Of Washington Inc does not correlate significantly with that of Nike Inc . |
Tsakos Energy Navigation Limited
|
863.92 |
889.57 |
305.08 |
1,700 |
The factor of 0.349 indicates a mild correlation between Tsakos Energy Navigation Limited's revenue and those of Nike Inc . |
Capital Product Partners L p
|
368.22 |
360.59 |
47.89 |
100 |
The factor of 0.301 indicates a mild correlation between Capital Product Partners L p 's revenue and those of Nike Inc . |
Sfl Corporation Ltd
|
1,194.95 |
752.29 |
83.94 |
0 |
The factor of 0.324 indicates a mild correlation between Sfl Corporation Ltd 's revenue and those of Nike Inc . |
Global Ship Lease Inc
|
812.71 |
674.80 |
304.50 |
57 |
The factor of 0.346 indicates a mild correlation between Global Ship Lease Inc 's revenue and those of Nike Inc . |
Costamare Inc
|
1,281.19 |
1,511.41 |
381.02 |
972 |
The factor of 0.263 indicates a mild correlation between Costamare Inc 's revenue and those of Nike Inc . |
Matson inc
|
4,945.62 |
3,320.40 |
410.80 |
2,000 |
A negative correlation coefficient of -0.320 implies that the revenue of Matson inc does not correlate significantly with that of Nike Inc . |
Tandy Leather Factory Inc
|
44.78 |
74.82 |
3.20 |
900 |
The revenue of Tandy Leather Factory Inc does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.069 |
Fuller H B Co
|
3,447.25 |
3,568.74 |
130.40 |
0 |
The revenue of Fuller H B Co does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.053 |
Chase Corporation
|
1,202.39 |
315.70 |
45.02 |
1,200 |
|
Adm Tronics Unlimited Inc
|
5.39 |
3.20 |
-0.43 |
30 |
A negative correlation coefficient of -0.385 implies that the revenue of Adm Tronics Unlimited Inc does not correlate significantly with that of Nike Inc . |
Huntsman Corporation
|
2,923.98 |
5,987.00 |
-61.00 |
9,000 |
The revenue of Huntsman Corporation does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.097 |
Quaker Chemical Corporation
|
2,501.01 |
1,884.18 |
136.25 |
2,400 |
Quaker Chemical Corporation's revenue correlates notably with that of Nike Inc . The correlation coefficient is 0.679 |
Rpm International Inc
|
15,844.12 |
6,843.00 |
435.85 |
17,207 |
A negative correlation coefficient of -0.259 implies that the revenue of Rpm International Inc does not correlate significantly with that of Nike Inc . |
Westlake Corporation
|
14,909.07 |
12,125.00 |
141.00 |
8,130 |
The revenue of Westlake Corporation does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.038 |
Westlake Chemical Partners Lp
|
837.81 |
1,143.11 |
368.83 |
152 |
The revenue of Westlake Chemical Partners Lp does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.124 |
Radiant Logistics Inc
|
357.58 |
815.61 |
10.74 |
931 |
A negative correlation coefficient of -0.091 implies that the revenue of Radiant Logistics Inc does not correlate significantly with that of Nike Inc . |
Alteryx Inc
|
3,427.99 |
970.00 |
-179.00 |
638 |
The revenue of Alteryx Inc does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.116 |
Schneider National Inc
|
4,840.77 |
5,323.10 |
111.80 |
17,300 |
The revenue of Schneider National Inc does not correlate significantly with that of Nike Inc . The correlation coefficient is 0.063 |
Flex Ltd
|
17,004.00 |
24,300.00 |
981.00 |
148,000 |
The factor of 0.296 indicates a mild correlation between Flex Ltd 's revenue and those of Nike Inc . |
Zoominfo Technologies Inc
|
3,481.60 |
1,077.40 |
9.00 |
3,516 |
Zoominfo Technologies Inc 's revenue correlates notably with that of Nike Inc . The correlation coefficient is 0.692 |
Informatica Inc
|
6,003.09 |
1,655.77 |
91.51 |
5,000 |
A negative correlation coefficient of -0.241 implies that the revenue of Informatica Inc does not correlate significantly with that of Nike Inc . |
Jamf Holding Corp
|
1,895.08 |
451.81 |
-145.34 |
2,400 |
|
Rackspace Technology Inc
|
649.77 |
2,770.70 |
-774.20 |
5,800 |
The factor of 0.422 indicates a mild correlation between Rackspace Technology Inc 's revenue and those of Nike Inc . |
SUBTOTAL |
559,534.99 |
269,820.69 |
22,772.22 |
533,357 |
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