耐克:战略调整仍需时日

中金公司
Mar 22, 2025

3QFY25(2024 年12 月-2025 年2 月)业绩略好于我们预期公司3QFY25 收入同比下降9%至113 亿美元(货币中性口径下降7%),净利润同比下降32%至8 亿美元,略好于我们预期,主因收入和费用控制好于预期。发展趋势经典鞋产品调整持续拖累销售,大中华区表现不及公司预期。公司自2024年以来持续对经典鞋款供应进行收缩调整,管理层表示在3QFY25 经典鞋类产品销售同比下滑双位数,...

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