Nike: turnover stable at €47.47bn & a net profit of €5.26bn (+11.7%) in 2023-24

The Nike group posted a turnover of $51.36bn (€47.47bn) during the 2023-24 financial year (from 01/06/2023 to 31/05/2024), an increase of $145m (+0.3%, on a currency-neutral basis) compared with 2022-23, announced the American equipment manufacturer on 27/06/2024.

The Nike brand accounts for 96% of the group's revenues ($49.3bn/€45.5bn), with...