Latest news with #Dun
Business Standard
23-07-2025
- Business
- Business Standard
Business Optimism Index for Q3 2025 declines, but sub-indices indicate resilience in the domestic economy
PRNewswire Mumbai (Maharashtra) [India], July 23: Dun & Bradstreet, a global leader in business decisioning data and analytics, released the Business Optimism Index (BOI) for Q3 2025, which declined to 117--marking a 2.3% decline over the previous quarter. The modest decline was driven by a fall in optimism in the large and the medium sized firms, while small firms showed resilience. The moderation in sentiment stems largely from global economic uncertainty, prompting businesses to take a measured approach. However, the domestic outlook remains strong, supported by improving macroeconomic conditions. A marginal decline in selling volume q-o-q suggests businesses are skeptic about evolving demand conditions. The decline may reflect a dip in optimism around export orders, which had risen sharply in the previous quarter due to frontloading ahead of anticipated tariff announcements. In contrast, sentiment around domestic orders remained strong. The decline in optimism regarding selling prices likely reflects the subdued inflationary pressures in the economy. Overall, the survey indicates that firms are navigating the current landscape with measured confidence, balancing global risks with robust domestic opportunities. The Dun & Bradstreet Business Optimism Index, which has been tracking the changing business sentiment of India Inc. since 2002, continues to serve as a reliable leading indicator of India's economic growth, maintaining a strong correlation of approximately 80% with the Gross Domestic Product (GDP). Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "While the Q3 2025 decline in the Dun & Bradstreet Business Optimism Index reflects a degree of caution among larger firms, the underlying resilience of the domestic economy stands out. Strong consumption fundamentals, rising investment activity, and targeted policy are lending support to business confidence, particularly among small businesses. The uptick in optimism around the domestic macroeconomic environment, despite global headwinds, signals trust in India's domestic growth momentum. As trade policy uncertainty clouds global demand, businesses are looking inward, with over half prioritizing the domestic market for future growth. Going forward, the recently signed India-UK Free Trade Agreement is expected to open new avenues for market access, improving trade through supply chain diversification. These developments are likely to boost business sentiment by enhancing export opportunities and driving innovation. Together, stronger external competitiveness and domestic market strength can sustain optimism and help Indian businesses navigate global volatility with greater confidence." Key findings from the Q3 2025 survey * The optimism for sales volume decreased by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The food, beverages, metals, and transportation sectors are the most optimistic, while construction and information & communication sectors show lower optimism. * The optimism for domestic orders rose by 3 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The electricals, electronics, mining, textiles and leather sectors remain the most optimistic, while financial and insurance activities and automotive sectors report the lowest optimism. * The optimism for export orders fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Electronics, metals, textile and leather sectors lead optimism, while financial and insurance activities and automotive sectors remain least optimistic. * The optimism for selling prices fell by 11 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, hospitality, and food and beverages sectors show the highest optimism, while electronics and automotive sectors report lower confidence. * The optimism for net profit fell by 4 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The financial and insurance, construction, and hospitality sectors are the most optimistic, while electronics, automotive, and capital goods sectors show lower optimism. * The optimism for the global macroeconomic environment fell by 5 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The chemicals sector, along with utilities and professional and administrative services, remain most optimistic, while automotive and hospitality sectors show lower confidence. * The optimism for employment fell by 15 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The hospitality, food & beverages, and textiles sectors exhibit high optimism, while automotive, transportation, and capital goods sectors show lower optimism. * The optimism for the domestic macroeconomic environment increased by 8 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The information & communication, financial services, wholesale & retail trade, and transportation sectors show the highest confidence, while hospitality and capital goods sectors are least optimistic. * The optimism for input costs fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, food and beverages sectors show higher optimism, while information & communication and financial services sectors report lower optimism. * The optimism for inventory levels saw an increase of 10 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Mining and automotive sectors are the most optimistic, while metals and food and beverages sectors report the lowest optimism. Notes to Editors The Dun & Bradstreet Business Optimism Index (BOI) is a quarterly survey-based index designed to measure the pulse of the Indian business community and has served as a reliable indicator of the economy. Dun & Bradstreet surveys respondents (senior management) pan India across the Manufacturing and Services sectors, covering businesses of varying scale (large, medium and small) to calculate the BOI. Respondents are asked about their expectations (in terms of increase, decrease, or no change) regarding their company's performance (Ten BOI Parameters) in the ensuing quarter over the same quarter in the previous year. About Dun & Bradstreet: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in domains of finance, risk, compliance, information technology and marketing. Working towards Government of India's vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity. India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses. Visit for more information. Click here for all Dun & Bradstreet India press releases.
Business Standard
02-05-2025
- Business
- Business Standard
Business Optimism Index Edges Higher in Q2 2025 Amid Domestic Demand Recovery
PRNewswire Mumbai (Maharashtra) [India], May 2: Dun & Bradstreet, a global leader in business decisioning data and analytics, released the Business Optimism Index (BOI) for Q2 2025, which rose to 120.2--marking a 5.1% increase over the previous quarter. The uptick reflects growing business confidence, particularly among small enterprises, driven by resilient domestic demand, improving macroeconomic fundamentals, and supportive policy measures. It is important to note that despite tariff-related uncertainty, optimism amongst companies has increased, reflecting businesses' overall confidence in the domestic market. The Dun & Bradstreet Business Optimism Index increased by 5.1% (q-o-q) for Q2 2025. Optimism in sales volumes and domestic orders rose steadily, particularly in food, beverages, metals, and transportation. Additionally, export order optimism saw an uptick from the previous quarter, likely due to businesses front-loading shipments ahead of the tariff changes announced on April 2, 2025. Sectors such as electronics, textiles, leathers, and metals were most optimistic across multiple indicators. Rising import costs and escalating global trade tensions have increased input cost expectations among Indian businesses. In response to the prevailing uncertainty, firms are adopting leaner inventory strategies to mitigate potential risks. Despite these global headwinds, India's macroeconomic resilience and policy agility provide a buffer, though sustaining business sentiment will depend on how effectively firms navigate global uncertainties and adapt to evolving global trade dynamics. The Dun & Bradstreet Business Optimism Index, which has been tracking the changing business sentiment of India Inc. since 2002, continues to serve as a reliable leading indicator of India's economic growth, maintaining a strong correlation of approximately 80% with the Gross Domestic Product (GDP). Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "The Dun & Bradstreet Business Optimism Index for Q2 2025 shows improved business confidence, driven by strong domestic demand, policy support, and accommodative monetary conditions. However, global challenges like geopolitical tensions and weak external demand weigh on sentiment. Export optimism seems tactical, tied to anticipated tariff changes, not a global demand revival. Input costs remain high due to expensive imports and supply issues, prompting firms to reduce inventories. Despite global risks, India's strong domestic fundamentals and adaptive policies offer a competitive edge, especially as global supply chains shift." Key findings from the Q2 2025 survey * The optimism for sales volume increased by 6 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The food, beverages, metals, and transportation sectors are the most optimistic, while construction and information & communication sectors show lower optimism. * The optimism for domestic orders rose by 2 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The electricals, electronics, mining, textiles and leather sectors remain the most optimistic, while financial and insurance activities and automotive sectors report the lowest optimism. * The optimism for export orders surged by 28 percentage points in Q2 2025 compared to the previous quarter Q1 2025. Electronics, metals, textile and leather sectors lead optimism, while financial and insurance activities and automotive sectors remain least optimistic. * The optimism for selling prices increased by 2 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The metals, hospitality, and food and beverages sectors show the highest optimism, while electronics and automotive sectors report lower confidence. * The optimism for net profit improved by 6 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The financial and insurance, construction, and hospitality sectors are the most optimistic, while electronics, automotive, and capital goods sectors show lower optimism. * The optimism for the global macroeconomic environment increased by 10 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The chemicals sector, along with utilities and professional and administrative services, remain most optimistic, while automotive and hospitality sectors show lower confidence. * The optimism for employment remained stable, rising by 1 percentage point in Q2 2025 compared to the previous quarter Q1 2025. The hospitality, food & beverages, and textiles sectors exhibit high optimism, while automotive, transportation, and capital goods sectors show lower optimism. * The optimism for the domestic macroeconomic environment declined by 3 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The information & communication, financial services, wholesale & retail trade, and transportation sectors show the highest confidence, while hospitality and capital goods sectors are least optimistic. * The optimism for input costs increased by 15 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The metals, food and beverages sectors show higher optimism, while information & communication and financial services sectors report lower optimism * The optimism for inventory levels saw a decline of 34 percentage points in Q2 2025 compared to the previous quarter Q1 2025. The Mining and automotive sectors are the most optimistic, while metals and food and beverages sectors report the lowest optimism. Notes to Editors The Dun & Bradstreet Business Optimism Index (BOI) is a quarterly survey-based index designed to measure the pulse of the Indian business community and has served as a reliable indicator of the economy. Dun & Bradstreet surveys respondents (senior management) pan India across the Manufacturing and Services sectors, covering businesses of varying scale (large, medium, and small) to calculate the BOI. Respondents are asked about their expectations (in terms of increase, decrease, or no change) regarding their company's performance (Ten BOI Parameters) in the ensuing quarter over the same quarter in the previous year. About Dun & Bradstreet: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in domains of finance, risk, compliance, information technology and marketing. Working towards Government of India's vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity. India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Centre (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses. Visit for more information. Click here for all Dun & Bradstreet India press releases.
Yahoo
21-03-2025
- Business
- Yahoo
Nike Inc (NKE) Q3 2025 Earnings Call Highlights: Navigating Revenue Declines and Strategic ...
Revenue: Down 9% on a reported basis and down 7% on a currency-neutral basis. NIKE Direct: Declined 10%, with NIKE Digital down 15% and NIKE stores down 2%. Wholesale: Down 4%, largely due to declines in Greater China. Gross Margin: Declined 330 basis points to 41.5% on a reported basis. SG&A Expenses: Down 8% on a reported basis. Effective Tax Rate: 5.9%, compared to 16.5% for the same period last year. Earnings Per Share (EPS): $0.54. Inventory: Declined 2% versus the prior year. North America Revenue: Declined 4%, with NIKE Direct down 10% and Wholesale up 3%. EMEA Revenue: Declined 6%, with NIKE Direct down 12% and Wholesale down 3%. Greater China Revenue: Declined 15%, with NIKE Direct down 11% and Wholesale down 18%. APLA Revenue: Declined 4%, with NIKE Direct down 4% and Wholesale down 4%. Warning! GuruFocus has detected 4 Warning Sign with FDX. Release Date: March 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Nike Inc (NYSE:NKE) is making significant progress in diversifying its product portfolio, with a focus on performance and sportswear across various categories, including men's, women's, and kids' footwear, apparel, and accessories. The company is actively working to reignite brand momentum through strategic investments in brand marketing and sports marketing, resulting in high single-digit growth in demand creation expenses. Nike Inc (NYSE:NKE) has successfully launched new innovative products like the Peg Premium and Vomero 18, which have shown strong consumer response and sell-through rates. The company is committed to creating a more integrated marketplace, aligning both direct and wholesale channels to provide a consistent consumer experience. Nike Inc (NYSE:NKE) is taking proactive steps to clean up the marketplace, particularly in Greater China, to ensure a healthier inventory and better brand positioning. Nike Inc (NYSE:NKE) reported a 9% decline in revenues on a reported basis and a 7% decline on a currency-neutral basis for the third quarter, reflecting significant headwinds. Gross margins declined by 330 basis points to 41.5% due to higher markdowns, wholesale discounts, and inventory obsolescence. The company is facing challenges in its classic footwear franchises, with double-digit declines impacting overall business performance. Nike Inc (NYSE:NKE) is experiencing elevated inventory levels across all geographies, which are expected to take several quarters to normalize. The company anticipates continued headwinds in revenue and gross margin in the near term, particularly due to the ongoing cleanup of the marketplace and promotional activities. Q: Elliott, can you provide a timeline on when you think classic shoe inventories will be clean in the wholesale channel? And then same question for the direct channel as well. A: Elliott Hill, President and CEO, explained that Nike is focused on rightsizing their classic shoe inventories, particularly Air Force 1, Dunk, and AJ1, rather than sunsetting them. He emphasized the importance of running a balanced and complete portfolio across all brands and categories. By the end of Q4, Nike expects to reduce the contribution of these franchises by 10 percentage points as a percent of their overall footwear mix, with further reductions planned for fiscal year '26. The company is taking actions to clean up the marketplace, including transitioning excess inventory to factory stores and value channels. Q: Elliott, I was hoping to get your latest thoughts on innovation within NIKE. How do you feel about the strength of your innovation team and the pipeline ahead? A: Elliott Hill, President and CEO, expressed confidence in Nike's innovation team and pipeline. He highlighted the long-term innovation efforts at the LeBron James Nike Sports Research Lab and the near-term focus on driving newness and freshness across performance and sportswear categories. Hill mentioned successful innovations like the 24/7 apparel collection and new footwear models such as Vomero 5 and P-6000. He also noted excitement about the upcoming Spring '26 product line. Q: Elliott, based on some of the comments earlier from Matt around performance growth almost offsetting Classics declines, do you expect that inflection point to be in Spring '26? A: Elliott Hill, President and CEO, stated that Nike is gaining confidence in their product pipeline and expects performance growth to offset declines in classic footwear franchises. The key focus is on cleaning up the marketplace to make room for new innovations and ensuring proper presentation at point of sale. Hill emphasized the importance of driving sell-through to support the order book and return to profitable, sustainable growth. Q: Elliot, I'm curious how are you going to balance the promotional? Just like as you think about the presentation and bring out promotions at the same time that it's clear we can hear your excitement around the new product and you're amplifying storytelling. A: Elliott Hill, President and CEO, explained that Nike is moving both digital and physical retail spaces to full price as quickly as possible, using value channels to clear excess inventory. He highlighted successful examples of new product launches like Peg Premium and Vomero 18, which have seen strong sell-through. The focus is on resetting the marketplace to full price and maintaining urgency in the transition. Q: I just wanted to focus on wholesale here. And maybe for Elliott, as you've kind of returned to that channel gotten back in the mix, I'm just curious, your biggest learnings there, any surprises to the upside or downside versus how you've historically operated there with all your knowledge? A: Elliott Hill, President and CEO, noted that Nike had been working too siloed between direct and wholesale channels. He emphasized the need for an integrated, consumer-led marketplace approach. Hill highlighted the importance of working closely with wholesale partners, aligning growth plans, and elevating brand presentation. He expressed confidence in the progress being made and the commitment to rebuilding relationships with wholesale partners. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
