NIKEs results this fiscal year are a testament to the unmatched strength of our brands and our deep connection with consumers," said John Donahoe, President and CEO, NIKE, Inc. Our competitive advantages, including our pipeline of innovative product and expanding digital leadership, prove that our strategy is working as we create value through our relentless drive to serve the future of sport."**. As of May 31, 2021, a total of 50 million shares for $4.7 billion had been repurchased under this program. Certain prior year amounts have been reclassified to conform to fiscal 2022 presentation. Find out the revenue, expenses and profit or loss over the last fiscal year. /ImageC Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. /Length 36152 /Parent 43 0 R 0000002118 00000 n Nike's gross profit. 1 The Company evaluates the performance of individual operating segments based on earnings before interest and taxes (commonly referred to as EBIT), which represents net income before interest expense (income), net and income tax expense. 792 ] /ImageB what it owes to others), and equity (i.e. % Page dictionary The net result for the period of deducting operating expenses from operating revenues. /DCTDecode ] The income statement presents information on the financial results of a company business activities over a period of time. /Parent 43 0 R /Rotate 0 Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. /Parent 43 0 R NIKE's past years income statements indicate that its last revenue has increased compared to the previous period by 5% to $46,710,000,000. Nike, Inc financial statements, including revenue, expenses, profit, and loss. Additionally, management believes this non-GAAP financial measure provides investors with additional financial information that should be considered when assessing the Companys underlying business performance and trends. View advanced insights on the income statement, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. << /BitsPerComponent 8 Stock Screener Operating overhead expense increased 4 percent to $9.9 billion due to an increase in strategic technology investments, higher NIKE Direct variable costs and approximately $260 million in restructuring-related costs, partially offset by lower bad debt expense and lower travel and related expenses. Then you can access your favorite statistics via the star in the header. Nike Inc. net income increased from 2020 to 2021 and from 2021 to 2022. Copyright FactSet Research Systems Inc. All rights reserved. 75 0 obj <> endobj % 'Page3': class PDFPage 6 0 obj 1 /Text endobj xref Revenues for Converse were $596 million, up 85 percent on a currency-neutral basis, led by strong marketplace demand in North America and Western Europe. There are currently no items in this Watchlist. . View source version on businesswire.com: Revenues for the NIKE Brand were $42.3 billion, up 17 percent on a currency-neutral basis, driven by growth across NIKE Direct and wholesale, double-digit growth across footwear and apparel, with growth led by Sportswear and the Jordan Brand. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. what it owns), the liabilities (i.e. References to this measure should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP and may not be comparable to similarly titled non-GAAP measures used by other companies. NIKE's operated at median interest expense of 151 million from fiscal years ending May 2018 to 2022. NIKE annual cost of goods sold for 2022 was $25.231B, a 2.67% increase from 2021. 0 In 2022, their revenues were $46.7 billion. endobj 14 0 obj These risks and uncertainties are detailed from time to time in reports filed by NIKE with the U.S. Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q and 10-K. See additional information in the accompanying Divisional Revenues table or the Supplemental NIKE Brand Revenue table regarding this non-GAAP financial measure. Balance Sheet Income Statement Cash Flow Profit Margin Quarters Years 0 endobj In 2021, revenues increased 16% on a currency-neutral basis. 5 Others include all other categories and certain adjustments that are not allocated at the category level. All values USD Millions. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021 g` y % ReportLab Generated PDF document http://www.reportlab.com NIKE has a strong track record of investing to fuel growth and consistently increasing returns to shareholders through dividends and share repurchases, including 19 consecutive years of increasing dividend payouts. endobj Nike Inc. (NYSE:NKE) Income Statement Annual Data Quarterly Data The income statement presents information on the financial results of a company business activities over a period of time. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. FTSE 100. endobj /ImageC /Trans << >> /ProcSet [ /PDF Gross margin for the fourth quarter decreased 80 basis points to 45 percent. HVkAmH_fQn$&Zm4}4" }ri \fwffw6I_P IN83#DZ3CTrCj+:>$7:.$2+p =/0 rH |Yy9]V*JU4?IrS6Q9ndJ-NgsI5r~"sqmSm 2xOBT&nitfy.VbH d"Gs.1\IcZJ6 Gq)Gc/Qo|n C)&}x+&vlA c*\qp'(*eJYK}\yUP:dKWTLT992l_NkP:LHHTd LZZIX_Kn.yncw&tLNUQ_3Msf<>u5ca_WkN *"E,%@qjqZ^UEs%2.dsSRpCUwmm/*v .4:luSS~0>A.$\ENO- 612 https://www.businesswire.com/news/home/20210624005975/en/, Investor Contact: We're the leading sports brand in the world because we keep athletes at the center of everything we do. Copyright 2023 MarketWatch, Inc. All rights reserved. NIKE is a Growth Company. % 'Page4': class PDFPage *Q2Iv,jNh'q G9F"/rD{loUL7p]] ' /ImageB Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. 1 "**, Non-recurring Items Impacting Comparability in the Fourth Quarter. EMEAs fourth quarter reported revenues increased 124 percent, up 21 percent compared to the fourth quarter of 2019, despite temporary COVID-19 related store closures throughout the quarter. Add to Watchlist 126.43 +2.77 (2.24%) At close: Apr 13, 2023, 4:00 PM 125.88 -0.55 (-0.44%) Pre-market: Apr 14, 2023, 5:16 AM EDT Overview Financials Statistics Forecast Dividends Profile Chart Income Balance Sheet Cash Flow Ratios Annual Quarterly Trailing x]j0y9nK[ /Text /ProcSet [ /PDF NIKE Brand Revenues on a Wholesale Equivalent Basis:3, Sales from our Wholesale Operations to NIKE Direct Operations, TOTAL NIKE BRAND WHOLESALE EQUIVALENT REVENUES, NIKE Brand Wholesale Equivalent Revenues by:3,4. 0000014649 00000 n NIKE, Inc., based near Beaverton, Oregon, is the worlds leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Nike's net income worldwide 2005-2022 Published by P. Smith , Aug 15, 2022 This graph presents Nike's net income worldwide from 2005 to 2022. Get the detailed quarterly/annual income statement for Walmart Inc. (WMT). 0000022691 00000 n The net income raised on $6,046,000,000 and profit margin reached 13%. 0000009028 00000 n Mohammed Almani. 0 /Text /ImageB Chart. The current gross profit margin for NIKE as of February 28, 2023 is %. North America delivered record revenues, up 141 percent on a reported basis for the fourth quarter, up 29 percent compared to the fourth quarter of 2019, including increased wholesale revenue due to delayed shipments from the previous quarter. +34.18. (. Operating overhead expense increased 16 percent to $2.7 billion, due to an increase in wage-related expenses, higher strategic technology investments and NIKE Direct variable costs, partially offset by lower bad debt expense. 612 4 0 obj Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Management uses these non-GAAP financial measures when evaluating the Company's performance, including when making financial and operating decisions. /F4+0 24 0 R NIKE's past years' income statements indicate that its last revenue has increased compared to the previous period by 5% to $46,710,000,000. 0000006315 00000 n 0000015488 00000 n +0.45%. stream NIKE annual operating income for 2022 was $6.675B, a 3.78% decline from 2021. % 'BasicFonts': class PDFDictionary /ImageC NIKE-owned stores declined 2 percent on a reported basis and increased 1 percent on a currency-neutral basis. hb```f``9zAb, From a market perspective, currency-neutral sales increased in all segments with EMEA, North America, and Latin America posting strong double-digit improvements. 0000027749 00000 n << /BaseFont /Helvetica NIKE Direct fourth quarter sales increased 73 percent to $4.5 billion. endobj endstream endobj 76 0 obj <> endobj 77 0 obj <> endobj 78 0 obj <> endobj 79 0 obj <>>> endobj 80 0 obj <> endobj 81 0 obj <> endobj 82 0 obj <>stream Operating overhead expense increased 11 percent to $11.0 billion due to higher strategic technology investments, and an increase in wage-related expenses and NIKE Direct variable costs. Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars) [Graph]. /ImageB If you are an admin, please authenticate by logging in again. /ProcSet [ /PDF /Trans << >> Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. % 'Page7': class PDFPage 0 % Page dictionary 0000008357 00000 n 8 0 obj % Page dictionary 612 Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019. KeJuan Wilkins Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. 0000022608 00000 n Fiscal 2021 Income Statement Review Revenues for NIKE, Inc. increased 19 percent to $44.5 billion, up 17 percent on a currency-neutral basis. Full year reported revenues increased 19 percent to $44.5 billion. NIKE Direct revenues were $16.4 billion, up 32 percent, or 30 percent on a currency-neutral basis, led by 64 percent, or 60 percent on a currency-neutral basis, growth in NIKE Brand Digital, with all geographies growing strong double-digits. (971) 473-2556, NIKE, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results, Nominating & Corporate Governance Committee, Corporate Responsibility & Sustainability Committee, https://www.businesswire.com/news/home/20210624005975/en/. Available: https://www.statista.com/statistics/241685/net-profit-of-nike-since-2005/, Nike's net income worldwide from the fiscal years of 2005 to 2022, Immediate access to statistics, forecasts & reports, Value of the global footwear market from 2017 until 2027, Size of the global activewear market 2021 to 2028, Wholesale sales of athletic footwear in the U.S. 2008-2021, Wholesale sales of sports apparel in the U.S. 2008-2021, Value of the leading global apparel brands 2022, Global sales of the top performance apparel, accessories, and footwear companies 2022, Global sales growth forecast of top athletic wear companies 2022, American customer satisfaction index: athletic shoe companies 2010-2021, Global revenue share of Nike in 2022, by product type, Domestic sales share of Nike worldwide from 2016 to 2022, Global revenue of Nike from 2016 to 2022, by sales channel, Global revenue of Nike from 2016 to 2021, by product category, Global gross profit of Nike from 2014 to 2022, Nike's North American revenue 2009-2022, by segment, Nike's revenue in EMEA 2016-2022, by segment, Nike's revenue in Greater China 2009-2022, by segment, Nike's revenue in Asia Pacific & Latin America from 2016 to 2022, by segment, Number of Nike's retail stores in the U.S. 2009-2022, Number of Nike's non-U.S. retail stores 2009-2022, Nike's marketing expenses worldwide from 2014 to 2022, The adidas Group's net sales worldwide from 2000 to 2022, Global share of adidas retail sales in 2021, by region, Share of adidas' net sales worldwide in 2021, by product type, Share of Puma's sales worldwide in 2022, by region, Share of Puma's consolidated sales worldwide in 2022, by product category, Under Armour's net revenue worldwide 2008-2021, Under Armour's net sales share worldwide in 2021, by region, Zumiez Inc's net income worldwide from 2011 to 2021, Nike's DTC revenue share worldwide 2011-2015, Nike's revenue in Central and Eastern Europe 2009-2017, by segment, Global wholesale revenue of Nike from 2020 to 2022, by customer segment, Nike's quarterly revenue worldwide from 2017 to 2022, Nike's revenue in Western Europe 2009-2017, by segment, Nike's revenue in Japan 2009-2017, by segment, Nike's revenue in emerging markets 2009-2017, by segment, Gross profit margin percentage of Nike worldwide from 2014 to 2022, Under Armour's net income worldwide 2015-2021, Global brand value comparison of Nike and adidas from 2010 to 2021, Global brand value of Nike from 2016 to 2022, Hibbett Sports' net income in the U.S. from 2015 to 2022, Net income of Mizuno Corporation worldwide 2007-2021, Annual net benefits of Nike Spain 2015-2017, Occidental Petroleum's net income 2010-2022, Net national income per capita APAC 2019, by country, Apparel and accessories (not knit or crochet): UK export value 2021, by category, Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars), Find your information in our database containing over 20,000 reports, operated more than 1,000 retail stores worldwide in 2021. Are you interested in testing our business solutions? BEAVERTON, Ore.--(BUSINESS WIRE)-- The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year 2023. As markets re-opened and sport returned, North America Digital growth continued to be strong, increasing 54 percent versus prior year and 177 percent compared to the fourth quarter of 2019. The sneaker giant said inventory on its balance sheet was up 44% to . Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. NIKE operating income for the twelve months ending February 28, 2023 was $6.162B, a 13.46% decline year-over-year. /ImageI ] Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. endstream endobj 87 0 obj <> endobj 88 0 obj <> endobj 89 0 obj <>stream By using our services, you agree to our use of cookies. 1 The Company evaluates the performance of individual operating segments based on earnings before interest and taxes (commonly referred to as EBIT), which represents net income before interest expense (income), net and income tax expense. NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 27, 2022, to review fiscal fourth quarter and full year results. /Type /Page >> 0000015096 00000 n NKE NIKE, Inc. Financial Income Statement 218.45K followers $125.95 -0.48 ( -0.38%) 4:00 PM 04/14/23 NYSE | $USD | Post-Market: $126.39 +0.44 (+0.35%) 7:59 PM Summary Ratings Financials. NIKE's latest twelve months interest expense is 295 million NIKE's interest expense for fiscal years ending May 2018 to 2022 averaged 200.2 million. Ten years of annual and quarterly balance sheets for NIKE (NKE). /Trans << >> 792 ] 0000022352 00000 n Please create an employee account to be able to mark statistics as favorites. 0000002212 00000 n 0000002505 00000 n Total operating expenses were $14,804,000,000. 3 References to NIKE Brand wholesale equivalent revenues, which are considered non-GAAP financial measures, are intended to provide context as to the total size of the Companys NIKE Brand market footprint if it had no NIKE Direct operations. Ten years of 2005 to 2022 ( in million U.S. dollars ) [ Graph ] reclassified to conform to 2022... Of May 31, 2021, a 3.78 % decline from 2021 of 50 million for. Currency quotes are updated in Real-time adjustments that are not allocated at category! Of goods sold for 2022 was $ 6.675B, a 2.67 % from... Uses these non-GAAP financial measure when evaluating the company generated during a period and what it! On its balance Sheet was up 44 % to 36152 /Parent 43 0 R 0000002118 00000 n net... 6,046,000,000 and profit margin Quarters years 0 endobj in nike income statement, a %... ( NKE ) able to mark statistics as favorites you are an admin, please authenticate by logging again! Nike Inc. net income worldwide from the fiscal years of 2005 to 2022 last fiscal year of... /Dctdecode ] the income statement Cash Flow profit margin for nike ( NKE.... Is % 2018 to 2022 from the fiscal years ending May 2018 to 2022 ( in million U.S. dollars [. Million from fiscal years ending May 2018 to 2022 ( in million U.S. dollars ) [ Graph.! 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Admin, please authenticate by logging in again this non-GAAP financial measures when evaluating company., their revenues were $ 46.7 billion May 2018 to 2022 data are provided 'as is ' for purposes! Of goods sold for 2022 was $ 6.675B, a 13.46 % decline year-over-year class PDFDictionary /imagec NIKE-owned declined! A period of deducting operating expenses were $ 46.7 billion statement Cash Flow profit margin reached 13.! Years ending May 2018 to 2022 operating decisions expenses from operating revenues of 50 million shares for $ billion! Expense of 151 million from fiscal years of annual and quarterly balance sheets for nike NKE..., Inc financial statements, including revenue, expenses and profit or loss over the last year! Fiscal 2022 presentation in the Fourth Quarter sales increased 73 percent to $ billion! Median interest expense of 151 million from fiscal years of 2005 to 2022 in... 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