Nike's other expenses for Q4 2024 are not available1. However, we can analyze the trends in its costs and expenses from other reports to gain insights into its potential drivers of expenses.
- Gross Margin Expansion: Nike's gross margin expanded by 120 basis points to 45.4% due to a decline in NIKE Brand product costs, reduced warehousing and logistics expenses, and gains from effective pricing actions2. This suggests that Nike was able to negotiate better prices from suppliers or implemented more efficient logistics, leading to a decrease in these specific expenses.
- Selling and Administrative Expenses: Selling and administrative expenses fell by 2% to $4 billion2. This indicates that Nike managed to reduce its selling and administrative costs, which could be due to cost-cutting measures or more efficient management of these expenses.
In conclusion, Nike's other expenses might have surged in Q4 2024 due to a combination of reduced costs from efficient logistics and pricing actions, and a decrease in selling and administrative expenses. However, the exact details are not available, and more information is needed to provide a comprehensive analysis.
3/30/2025 04:19am
