|
|
 | | | |
- close
- close
- close
- close
NKE » Topics » Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our business.This excerpt taken from the NKE 10-K filed Jul 27, 2009. Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our business. We contract with hundreds of contractors outside of the United States to manufacture our products, and we impose on those contractors a code of conduct and other environmental, health, and safety standards for the benefit of workers. However, from time to time contractors may not comply with such standards or applicable local law. Significant or continuing noncompliance with such standards and laws by one or more contractors could harm our reputation and, as a result, could have an adverse effect on our sales and financial condition. These excerpts taken from the NKE 10-K filed Jul 28, 2008. Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our business. We contract with hundreds of contractors outside of the United States to manufacture NIKE Brand products, and we impose on those contractors a code of conduct and other environmental, health, and safety standards for the benefit of workers. However, from time to time contractors may not be in compliance with such standards or applicable local law. Significant or continuing noncompliance with such standards and laws by one or more contractors could harm our reputation and, as a result, could have an adverse effect on our sales and financial condition. Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our We contract with hundreds of contractors outside of the United States to manufacture NIKE Brand products, and we impose slightly exceeded those in the second and third fiscal quarters. However, the mix of product sales may vary considerably from time to time as a result of changes in seasonal and geographic demand for particular types of footwear, apparel and equipment. In addition, our customers may cancel orders, change delivery schedules or change the mix of products ordered with minimal notice. As a result, we may not be able to accurately predict our quarterly sales. Accordingly, our results of operations are likely to fluctuate significantly from period to period. This seasonality, along with other factors that are beyond our control, including general economic conditions, changes in consumer preferences, weather conditions, availability of import quotas and currency exchange rate fluctuations, could adversely affect our business and cause our results of operations to fluctuate. Our operating margins are also sensitive to a number of factors that are beyond our control, including shifts in product sales mix, geographic sales trends, and currency exchange rate fluctuations, all of which we expect to continue. Results of operations in any period should not be considered indicative of the results to be expected for any future period. This excerpt taken from the NKE 10-K filed Jul 27, 2007. Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our business. We contract with hundreds of contractors outside of the United States to manufacture NIKE Brand products, and we impose on those contractors a code of conduct and other environmental, health, and safety standards for the benefit of workers. However, from time to time contractors may not be in compliance with such standards or applicable local law. Significant or continuing noncompliance with such standards and laws by one or more contractors could harm our reputation and, as a result, could have an adverse effect on our sales and financial condition. This excerpt taken from the NKE 10-K filed Jul 28, 2006. Failure of our contractors to comply with our code of conduct, local laws, and other standards could harm our business. We contract with hundreds of contractors outside of the United States to manufacture NIKE Brand products, and we impose on those contractors a code of conduct and other environmental, health, and safety standards for the benefit of workers. However, from time to time contractors may not be in compliance with such standards or applicable local law. Significant or continuing noncompliance with such standards and laws by one or more contractors could harm our reputation and, as a result, could have an adverse effect on our sales and financial condition. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for NKE:
|
| |||||||
