Nike, Inc. has reported revenues and earnings for the third quarter ended February 28, 2005. Third quarter revenues increased 14% to $3.3 billion, versus $2.9 billion for the same period last year. Third quarter net income totalled $273.4 million compared to $200.3 million in the prior year.

The company reported worldwide futures orders for athletic footwear and apparel, scheduled for delivery from March 2005 through July 2005, totalling US$5.2 billion, 9.6% higher than such orders reported for the same period last year.

William D. Perez, President and Chief Executive Officer, said "This was our sixth consecutive quarter of double-digit revenue and earnings per share growth. In addition to another strong quarter for our US business, emerging international markets such as China, Russia and Brazil produced significant growth. While the core Nike Brand fuelled the majority of our growth, Nike Golf, Converse and Cole Haan were also major contributors to our positive results."

During the third quarter, US revenues increased 9% to $1.3 billion versus $1.2 billion for the third quarter of fiscal 2004, revenues for the Europe, Middle East and Africa region grew 18% to $1.0 billion, up from $878.6 million for the same period last year.  Revenues in the Asia Pacific region grew 18% to $472.8 million compared to $402.2 million a year ago. Revenues in the Americas region increased 10% to $143.7 million, an improvement from $131.1 million in the third quarter of fiscal 2004.

Other revenues, including Converse Inc., Nike Golf, Bauer Nike Hockey Inc., Cole Haan, Hurley International LLC and Exeter Brands Group LLC, grew 20% to $389.6 million from $325.1 million last year.

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