A lower average share count this quarter helped the company offset other expenses, Nike … Nike Inc. Cl B balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Cash and short-term investments were $6.2 billion, $722 million higher than last year as growth in net income, proceeds from the issuance of debt in the second quarter of fiscal 2017 and proceeds from employee exercises of stock options were partially offset by share repurchases, dividends, and investments in infrastructure and working capital. These risks and uncertainties are detailed from time to time in reports filed by NIKE with the Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q, and 10-K. Download PDF of FY17 Q4 Combined Press Release and Schedules, Download PDF of FY17 Q4 Combined Schedules. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. Nike (NKE) reported fiscal Q2 earnings after market close on December 18. NIKE annual revenue for 2018 was $36.397B, a 5.96% increase from 2017. Revenue; Consumer Discretionary: Shoes & Related Apparel: $218.818B: $37.403B: Nike, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Nike, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Nike reported an increase of 18% on sales made via their DTC channels. Download PDF of FY17 Q4 Combined Press Release and Schedules In 2017, Nike reported wholesale revenue of $3.1 billion from its Jordan brand alone, up 13% from the prior year, compared to total wholesale Nike … NIKE annual revenue for 2020 was $37.403B, a 4.38% decline from 2019. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Demand creation expense was $789 million, down 10 percent, as fiscal 2017 spend was weighted towards the beginning of the year due to significant investments around the Olympics and the European Football Championship. Nike delivers innovative products, experiences and services to inspire athletes. Revenues for the NIKE Brand were $8.1 billion, up 7 percent on a currency-neutral basis driven by double-digit growth in Western Europe, Greater China, and the Emerging Markets, and strong growth in Sportswear and Running. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Find the latest Earnings Report Date for Nike, Inc. Common Stock (NKE) at Nasdaq.com. Nike's quarterly revenue worldwide from 2017 to 2020; Gross profit margin percentage of Nike worldwide from 2014 to 2020; Nike's revenue in Western Europe 2009-2017, by segment As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. NIKE's operated at median revenue of $36.397 billion from fiscal years ending May 2016 to 2020. Earnings, revenue, and direct to consumer sales all beat analyst expectations. Revenues for Converse were $2.0 billion, up 6 percent, driven by growth in the United States and Europe due to the market transition in Italy. earnings. Its main business includes design, development, worldwide marketing and sales of athletic footwear, apparel, … Inventories for NIKE, Inc. were $5.1 billion, up 4 percent from May 31, 2016, as a 3 percent decrease in NIKE Brand wholesale unit inventories was more than offset by increases in average product cost per unit and growth in our DTC businesses. But not all was well with Nike operationally. NKE Revenue first quarter 2021 Y/Y Growth Comment: Nike Inc reported decrease in Revenue in the first quarter by -0.62% to $ 10,594.00 millions, from the same quarter in 2020. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. NIKE Brand sales to wholesale customers increased 5 percent while DTC revenues grew to $9.1 billion, up 18 percent, driven by a 30 percent increase in digital commerce sales, the addition of new stores and 7 percent growth in comparable store sales. FOR THE FISCAL YEAR ENDED May 31, 2017 OR ¨ ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . NIKE's revenue decreased in 2020 (37.403 billion, -4.4%) and increased in 2016 (32.376 billion, +5.8%), 2017 (34.35 billion, +6.1%), 2018 (36.397 billion, +6.0%) and 2019 (39.117 billion, +7.5%). NIKE net income for the twelve months ending August 31, 2020 was $2.690B, a 37.5% decline year-over-year. Diluted earnings per share for the quarter rose 22 percent to $0.60 driven by global revenue growth, lower selling and administrative expense, a lower tax rate and a lower average share count which were slightly offset by lower gross margin. NIKE annual net income for 2018 was $1.933B, a 54.41% decline from 2017. It will be a big year for NIKE innovation and we’ll bring those stories to life through deeper consumer connections in our key cities around the world.”**. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.NIKE.com and individuals can follow @NIKE. EBIT was $692 million, about 22% of the total. Other income, net was $28 million comprised primarily of net foreign currency exchange hedge gains. As of Aug. 31, 2017, Nike has repurchased 95 million shares under the program, for $5.3 billion. Skip Navigation. The decrease in the first quarter Nike Inc 's Revenue compares unfavorably to the Company's average Revenue growth of 7.18%. This change showed in their 2017 results. Diluted earnings per share increased 16 percent to $2.51, reflecting growth in net income and the additional benefit of a decline in the weighted average diluted common shares outstanding. Demand creation expense was $3.3 billion, up 2 percent, primarily due to higher sports marketing costs and significant investments around the Olympics and the European Football Championship in the first half of the fiscal year. 2017 wasn't a bad year for Nike, Inc. on the stock market, where it beat the S&P 500's performance 23% to 19%. Please check your download folder. Find out the revenue, expenses and profit or loss over the last fiscal year. Digital commerce sales were up 30% on the previous year. Gross margin declined 180 basis points to 44.1 percent as higher average selling prices were more than offset by unfavorable changes in foreign currency exchange rates and higher product costs. All of Nike’s brands generated $34.4 billion in total revenue in the last financial year (running to the end of May 2017), while Adidas reported annual revenue of 19.2 billion euros in the last financial year, which matched the calendar year of 2017 (all charts below are based on these financial years). For the fourth quarter, Nike also reported: Total sales of $8.68 billion, up 5.3% from $8.24 billion in the fourth quarter of the prior year. 2020 2019 2018 2017 2016 5-year trend; Sales/Revenue: 37,420: 39,122: 36,363: 34,254: 32,464 Revenue: $8.68 billion vs. an $8.63 billion estimate, analysts said. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 2017 wasn't a bad year for Nike, Inc. on the stock market, where it beat the S&P 500's performance 23% to 19%. All values USD Millions. Commission File No. The effective tax rate was 13.7 percent, compared to 21.2 percent for the same period last year, primarily due to an increase in the proportion of earnings from operations outside of the United States, which are generally subject to a lower tax rate. NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 29, 2017, to review fiscal fourth quarter and full year results. 1-10635 NIKE, Inc . (Exact name of Registrant as specified in … We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Despite continuing to see growth in sales to wholesale customers, Nike has been ramping up its efforts to sell directly to consumers and cut out the middleman in a bid to reach its target of $50 billion in revenue by 2020. Looking back at the last five years, NIKE's revenue peaked in … Nike's revenue in Central and Eastern Europe 2009-2017, by segment Nike's revenue in Japan 2009-2017, by segment Global revenue of Nike from 2016 to 2020, by sales channel The conference call will be broadcast live over the Internet and can be accessed at http://investors.nike.com. NIKE Brand sales to wholesale customers increased 5 percent while DTC revenues grew to $9.1 billion, up 18 percent, driven by a 30 percent increase in digital commerce sales, the addition of new stores and 7 percent growth in comparable store sales. (In millions, except per share data, Financial ratios and number of shareholders) Nike Financial History from 1992 - 2002 Get the detailed quarterly/annual income statement for Nike, Inc. (NKE). Please check your download folder. View the latest NKE financial statements, income statements and financial ratios. NIKE annual revenue for 2019 was $39.117B, a 7.47% increase from 2018. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. Get the detailed quarterly/annual income statement for Nike, Inc. (NKE). Nike Inc. was incorporated in 1967 under the laws of the state of Oregon. Revenues for NIKE, Inc. rose 6 percent to $34.4 billion, up 8 percent on a currency-neutral basis. View the latest NKE financial statements, income statements and financial ratios. The footwear giant says it reached $2 billion in annual online sales in its most recent fiscal year, or 30% more than the year prior and double the amount of two years ago. All of Nike’s brands generated $34.4 billion in total revenue in the last financial year (running to the end of May 2017), while Adidas reported annual revenue of 19.2 billion euros in the last financial year, which matched the calendar year of 2017 (all charts below are based on these financial years). Nike Inc. Cl B Annual stock financials by MarketWatch. Commission File No. ... though the stock is up 4.6 percent in 2017. The effective tax rate was 13.2 percent, compared to 18.7 percent for the same period last year primarily due to a one-time benefit in the first quarter of the fiscal year related to the resolution with the U.S. Internal Revenue Service of a foreign tax credit matter, and a decrease in foreign earnings taxed in the U.S. Net income increased 13 percent to $4.2 billion reflecting strong global revenue growth, selling and administrative expense leverage and a lower tax rate which were slightly offset by a decline in gross margin. Revenues for NIKE, Inc. rose 5 percent to $8.7 billion, up 7 percent on a currency-neutral basis. But not all was well with Nike operationally. Download PDF of FY17 Q4 Combined Schedules. Fourth quarter revenues up 5 percent to $8.7 billion; 7 percent growth on a currency-neutral basis*, Fourth quarter diluted earnings per share increased 22 percent to $0.60, Fiscal 2017 revenues up 6 percent to $34.4 billion; 8 percent growth on a currency-neutral basis*, Fiscal 2017 diluted earnings per share increased 16 percent to $2.51, Inventories up 4 percent as of May 31, 2017. Its main business includes design, development, worldwide marketing and sales of athletic footwear, apparel, … 2020 2019 2018 2017 2016 5-year trend; Sales/Revenue: 37,420: 39,122: 36,363: 34,254: 32,464 NIKE annual net income for 2019 was $4.029B, a 108.43% increase from 2018. NIKE's revenue for fiscal years ending May 2016 to 2020 averaged $35.929 billion. NIKE revenue for the quarter ending August 31, 2020 was, NIKE revenue for the twelve months ending August 31, 2020 was. View NKE financial statements in full. NIKE revenue for the twelve months ending August 31, 2020 was $37.337B, a 6.26% decline year-over-year. Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. Not only has Nike seen impressive revenue from its … BEAVERTON, Ore., June 29, 2017 - NIKE, Inc. (NYSE:NKE) today reported fiscal 2017 financial results for its fourth quarter and full year ended May 31, 2017. International geographies and the Direct-to-Consumer (DTC) businesses globally led strong revenue growth in the fourth quarter and full year. Revenues for Converse were $554 million, up 10 percent on a currency-neutral basis, primarily driven by the market transition in Italy and growth in DTC. FOR THE FISCAL YEAR ENDED May 31, 2017 OR ¨ ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Net income increased 19 percent to $1.0 billion primarily due to global revenue growth, lower selling and administrative expense and a lower tax rate which were slightly offset by a gross margin decline, while diluted earnings per share increased 22 percent to $0.60 reflecting a nearly 3 percent decline in the weighted average diluted common shares outstanding. Nike Inc. Cl B Annual stock financials by MarketWatch. Fiscal 2017 diluted earnings per share rose 16 percent to $2.51, reflecting revenue growth of 6 percent, a lower tax rate and a lower average share count which was slightly offset by lower gross margin. Nike's Fiscal Q2 Set for 'Potential Upside Surprise,' And 'More Promising Revenue' After Pandemic, Morgan Stanley Says MT Newswires 12/08 10:01 ET Nike Stock Is Near All-Time Highs. NIKE annual net income for 2020 was $2.539B, a 36.98% decline from 2019. The following tables show the financial history of Nike from 1992-2017. In 2017, Nike reported wholesale revenue of $3.1 billion from its Jordan brand alone, up 13% from the prior year, compared to total wholesale Nike … If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Air Huarache, Tanjun, Jordan XI Low, and Converse All Star OX Low were some of its successful sneakers. NIKE annual/quarterly revenue history and growth rate from 2006 to 2020. Selling and administrative expense increased 1 percent to $10.6 billion. (In millions, except per share data, Financial ratios and number of shareholders) Nike Financial History from 1992 - 2002 For the first 9 months of fiscal 2017 thus far, Nike has managed to grow its sales in the channel by around 35%, which is well below the previously targeted growth rate. NIKE, Inc. Reports Fiscal 2018 Second Quarter Results. “NIKE continues to create both near-term wins in today’s dynamic environment and a lasting foundation for future growth,” said Mark Parker, Chairman, President and CEO, NIKE, Inc. “Through our Consumer Direct Offense, we’re putting even more firepower behind our greatest opportunities in Fiscal 2018. Operating overhead expense decreased 1 percent to $1.9 billion, as continued investments in DTC were offset by administrative cost efficiencies. Revenues for the NIKE Brand were $32.2 billion, up 8 percent. Gross margin declined 160 basis points to 44.6 percent as higher average selling prices were more than offset by the negative impact of changes in foreign currency exchange rates and higher product costs. Nike's Europe, Middle East & Africa segment posted $2.9 billion in revenue during Q1 FY 2021, comprising about 27% of total revenue. Fiscal year is June-May. Net Revenue of Nike rose to $36.4 billion in 2018 from $34.35 Billion in 2017. Despite the ongoing weakness, Nike’s styles dominated the charts in 2017. NIKE Brand revenue growth was driven by growth in every geography as well as key categories including Sportswear, Running and the Jordan Brand. Nike reported its fourth-quarter earnings after the bell on Thursday, also confirming a deal it's inked with Amazon. (Exact name of Registrant as specified in … ** The marked paragraph contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Operating overhead expense remained flat at $7.2 billion, as continued investments in DTC were offset by administrative cost efficiencies and lower variable compensation. The following tables show the financial history of Nike from 1992-2017. Nike revenue breakdown by geographic segment: 13.4% from Asia Pacific & Latin America, 25.0% from Europe, Middle East & Africa, 17.9% from Greater China, 38.7% from North America and … Nike revenue breakdown by business segment: 30.8% from Apparel, 65.5% from Footwear and 3.7% from Other. In depth view into Nike Revenue (TTM) including historical data from 1980, charts, stats and industry comps. Other income, net was $196 million comprised primarily of net foreign currency exchange hedge gains. Net Revenue of Nike rose to $36.4 billion in 2018 from $34.35 Billion in 2017. Selling and administrative expense decreased 4 percent to $2.7 billion. NIKE's latest twelve months revenue is $37.337 billion. Nike Inc. continues its big growth curve on the web. 1-10635 NIKE, Inc . All values USD Millions. Nike has added roughly $6.7 billion to total revenue since 2015, increasing at an average annual rate of 6.5%. Nike financial history 1992-2017. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. Find out the revenue, expenses and profit or loss over the last fiscal year. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Net income of $4.24 billion, a 12.8% increase over $3.76 billion. As of May 31, 2017, a total of 79.8 million shares had been repurchased under this program for approximately $4.4 billion. Fiscal year is June-May. Total sales of $34.35 billion, a 6.2% increase compared with $32.34 billion last year. Nike financial history 1992-2017. Nike Revenue from Footwear, Apparel & Equipment 1999-2018 Read the latest statistics on Nike Following table shows the revenue of Nike from footwear, Apparel & Equipment from 1999-2018. During the fourth quarter, NIKE, Inc. repurchased a total of 14.9 million shares for approximately $820 million as part of the four-year, $12 billion program approved by the Board of Directors in November 2015. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. Nike Inc. was incorporated in 1967 under the laws of the state of Oregon. Much of this came from an increase in sales made via the internet. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, July 6, 2017. At http: //investors.nike.com other websites are the lifeblood of our site and a primary of! Financials data for nike, Inc. rose 5 percent to $ 10.6 billion 6.2 % increase compared with 32.34... 79.8 million shares had been repurchased under this program for approximately $ 4.4 billion revenues for,... 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