Nike, Inc. has reported record results for the first quarter ended August 31, 2005.

Revenue grew 8% and earnings increased 33% for the period. The company reported sales growth across each of its regions and product business units, with particular strength in US footwear in the quarter for both revenues and futures orders.

First quarter revenues increased 8% to $3.9 billion, compared with $3.6 billion for the same period last year. Net income grew 32% to $432.3 million compared with $326.8 million for the prior year.

"A strong product pipeline and our global management team's ability to consistently execute across our brand portfolio drove very strong performance for the first quarter," said William D. Perez, president and CEO. "Our results show continued healthy demand for Nike product worldwide and we remain optimistic about our ability to meet our future goals."

The company has reported worldwide future orders for athletic footwear and apparel, scheduled for delivery from September 2005 through January 2006, totalling $4.9 billion, 11% higher than the orders reported for the same period last year.