Private Superforecasting Workshop asks:
What will be Nike's sales in Greater China in its 2023 fiscal year (FY2023)?
Closed Jun 01, 2023 07:01AM UTC
Nike's sales, or revenues, have generally recovered from the worst of COVID, except for Greater China (CNBC, Retail Dive). The question will be suspended on 31 May 2023 and the outcome determined using data from Nike's 2023 Annual Report (Nike - Investor Reports). In FY2022, Nike reported total sales of $7,547 million, or $7.547 billion. (Nike - 2022 Form 10-K, see page 39 of the report). Nike's FY2023 runs from 1 June 2022 to 31 May 2023, and "Greater China" includes mainland China, Hong Kong, Macau, and Taiwan (CNBC).
The question closed "Between $7.0 billion and $7.5 billion, inclusive" with a closing date of 1 June 2023.
|Possible Answer||Correct?||Final Crowd Forecast|
|Less than $7.0 billion||6%|
|Between $7.0 billion and $7.5 billion, inclusive||35%|
|More than $7.5 billion but less than $8.0 billion||30%|
|Between $8.0 billion and $8.5 billion, inclusive||14%|
|More than $8.5 billion||15%|
Crowd Forecast Profile
|Number of Forecasters||26|
|Average for questions older than 6 months: 220|
|Number of Forecasts||69|
|Average for questions older than 6 months: 615|
|Participants in this question vs. all forecasters||average|