Discontinued — last reported Q4 '24
Nike Converse — Property, Plant and Equipment, Net decreased by 15.0% to $17.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 43.3%, from $30.00M to $17.00M.
An increase typically signals ongoing capital investment in retail expansion or infrastructure, while a decrease indicates aging assets or divestment strategies.
This metric represents the net book value of long-term tangible assets specifically utilized by the Converse segment, in...
Similar to net PP&E reported by other footwear and apparel brands, reflecting the scale of physical retail presence and supply chain infrastructure.
nke_segment_converse_property_plant_and_equipment_net| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $49.00M | $45.00M | $41.00M | $39.00M | $38.00M | $36.00M | $33.00M | $30.00M | $27.00M | $23.00M | $20.00M | $17.00M |
| QoQ Change | — | -8.2% | -8.9% | -4.9% | -2.6% | -5.3% | -8.3% | -9.1% | -10.0% | -14.8% | -13.0% | -15.0% |
| YoY Change | — | — | — | — | -22.4% | -20.0% | -19.5% | -23.1% | -28.9% | -36.1% | -39.4% | -43.3% |