13 0 obj Currently, you are using a shared account. [Online]. /MediaBox [ 0 /Type /Page >> Nike's cash flow statement at 31-05 for the last six years is shown in table 3 that shows an improvement in cash flow for Nike, the company cash flow on 31-5-2016 was 3,138 M$ and ends the. (. /ImageI ] >> Nike Inc. net income increased from 2020 to 2021 and from 2021 to 2022. <]/Prev 91403>> /ImageB Operating Margin EBITDA Margin Pre-Tax Profit Margin Net Margin Current and historical gross margin for NIKE (NKE) over the last 10 years. 0000022422 00000 n Source: Kantar Media. The sneaker giant said inventory on its balance sheet was up 44% to . Ynpfof`X$+,sFdc#A\*B 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 Diluted earnings per share was $0.90 for the fourth quarter, The Company announced its Board of Directors has authorized a new four-year, $18 billion program to repurchase shares of NIKE's Class B Common Stock. /Filter [ /ASCII85Decode Q2 '21. NIKEs brand momentum is a testament to our authentic consumer connections, digital strength and continued operational execution, said Matt Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. As we advance our consumer-led digital transformation, we are building a new financial model that will continue to fuel long-term sustainable, profitable growth for NIKE. *. Quality Business Consultant's financial analysis expert, Paul Borosky, MBA., doctoral candidate, and published author, has created proprietary financial models to help analyze Nike's financial performance using Nike's summarized income statements and balance sheets for the last five years, 2016 to 2020, found in their Annual Reports and Nike's . NIKE, Inc. (NKE) Income Statement - Yahoo Finance U.S. markets open in 33 minutes S&P Futures -9.75(-0.23%) Dow Futures 34,166.00 -24.00(-.07%) Nasdaq Futures 13,115.00 -94.75(-.72%) Russell. Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars) [Graph]. Copyright 2023 MarketWatch, Inc. All rights reserved. Demand creation expense was $1.1 billion, up 6 percent, primarily due to increased sports marketing expenses and continued investments in digital marketing to support heightened digital demand. /ImageC 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31). /Text For additional information about the Consumer Direct Acceleration refer to Item 7. The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com. endobj 0 NIKE Direct revenues were $18.7 billion, up 14 percent on a reported basis and up 15 percent on a currency-neutral basis, led by NIKE Brand digital growth of 18 percent and NIKE-owned stores were up 10 percent. /Type /Page >> /Text /Resources << /Font 1 0 R /Trans << >> % 'FormXob.a7b8661fdf97b9d8bcdb7140962aa42d': class PDFImageXObject We empower people through innovative products, services and experiences, engineered for the future of sport. NIKE Direct fourth quarter sales increased 73 percent to $4.5 billion. 612 Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Fiscal 2021 Income Statement Review Revenues for NIKE, Inc. increased 19 percent to $44.5 billion, up 17 percent on a currency-neutral basis. Then you can access your favorite statistics via the star in the header. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. 0 The current gross profit margin for NIKE as of February 28, 2023 is %. % Page dictionary % Page dictionary 0000015488 00000 n Balance Sheet Income Statement Cash Flow Profit Margin Quarters Years Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. endobj KeJuan Wilkins 0000022608 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. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. 3 Corporate revenues primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Companys central foreign exchange risk management program. Based in Beaverton, Oregon, NIKE, Inc. includes the Nike, Converse, and Jordan brands. 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. Total operating expenses were $14,804,000,000. 792 ] 0000022691 00000 n *Q2Iv,jNh'q G9F"/rD{loUL7p]] ' For the three and twelve months ended May 31, 2021, Corporate included non-recurring employee termination and related costs associated with the previously announced leadership and operating model changes. All rights reserved. /ImageC TOTAL NIKE, INC. EARNINGS (LOSS) BEFORE INTEREST AND TAXES1, TOTAL NIKE, INC. INCOME (LOSS) BEFORE INCOME TAXES. 0 5 Others include products not allocated to Mens, Womens, NIKE Kids and Jordan Brand, as well as certain adjustments that are not allocated to products designated by consumer. 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. Find out the revenue, expenses and profit or loss over the last fiscal year. endobj %PDF-1.3 The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year 2023. /Type /Page >> 0000003026 00000 n 0 endobj /Type /XObject In fiscal 2022, Nike's global gross profit amounted to about 21.5 billion U.S. dollars. Financial Statement Analysis of NIKE. Show publisher information We are not atrading platform and do not offer tobuy stock or sell any security. Q1 '21. startxref Fourth quarter results contain several non-comparable items, including non-recurring charges recorded in Other (income) expense, net, totaling approximately $150 million, associated with the deconsolidation of our Russian operations, and the transition of our businesses in Argentina, Chile and Uruguay to strategic distributor models. /Length1 13856 >> 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. the difference between assets and liabilities). Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. /Type /Page >> /Parent 43 0 R Nike first fiscal quarter revenue was up 4% to $12.69 billion, beating estimates. Revenues for the NIKE Brand were $11.7 billion, down 1 percent on a reported basis and up 3 percent on a currency-neutral basis, led by 20 percent growth in EMEA. Beginning in the first quarter of fiscal 2022, unisex products are classified within Men's, and Jordan Brand revenues are separately reported. 0000007575 00000 n /Resources << /Font 1 0 R 0000003157 00000 n "Nike's Net Income Worldwide from The Fiscal Years of 2005 to 2022 (in Million U.S. Fourth quarter reported revenues were $12.2 billion, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis* This activity was partially offset by higher digital marketing investments. /ProcSet [ /PDF x]j0~ . Nike carries such brands as Air Jordan, Converse, Hurley, and of course Nike. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Management uses these non-GAAP financial measures when evaluating the Company's performance, including when making financial and operating decisions. NKE | Nike Inc. Cl B Annual Income Statement - WSJ Subscribe Sign In Advertisement Nike Inc. Cl B NKE (U.S.: NYSE) View All companies AT CLOSE 4:00 PM EDT 04/12/23 $123.66 USD 0.29% AFTER HOURS. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Strike.Market does not provide financial advice or recommendations. NIKE continues to have a strong track record of investing to fuel growth and consistently increasing returns to shareholders, including 20 consecutive years of increasing dividend payouts. Nike net income was down 22% to $1.5 billion. NIKE is a Growth Company. /Subtype /Type1 /ImageI ] >> KeJuan Wilkins 4 As a result of the Consumer Direct Acceleration strategy, announced in fiscal 2021, the Company is now organized around a new consumer construct of Men's, Women's and Kids'. Paul Trussell Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. Our fourth quarter revenue growth was led by higher wholesale shipments due to the annualization of COVID-19 related physical retail closures in the prior year in North America, EMEA and APLA. As markets re-opened and sport returned, North America Digital growth continued to be strong, increasing 54 percent versus prior year and 177 percent compared to the fourth quarter of 2019. trailer bl-,aE3'8\w')=jBC$,to[;"pk/`" )EKFd[" NPuv~YR|5e5` Vo#}bv.,VOs+XcWU We're the leading sports brand in the world because we keep athletes at the center of everything we do. Chart. endobj 0000006315 00000 n /Text endstream endobj 85 0 obj <> endobj 86 0 obj <>stream Revenues for Converse were $2.3 billion, up 6 percent on a reported basis and up 7 percent on a currency-neutral basis, led by double-digit growth in our direct to consumer business, partially offset by lower wholesale revenues. 1 /Type /Page >> 0000014649 00000 n /ImageB 1 /Resources << /Font 1 0 R 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."**. 0000003679 00000 n /MediaBox [ 0 Get the annual and quarterly balance sheet of NIKE, Inc. (NKE) including details of assets, liabilities and shareholders' equity. 10-K (reporting date: 2022-05-31), Operating overhead expense decreased primarily due to lower bad debt, travel and related costs and other administrative costs. % ReportLab Generated PDF document http://www.reportlab.com Fourth quarter NIKE Direct revenues grew 7 percent on a reported basis and 11 percent on a currency-neutral basis, led by 25 percent growth in EMEA, 43 percent growth in APLA and 5 percent growth in North America, partially offset by a decline in Greater China. 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. 0 0000004456 00000 n Learn more about how Statista can support your business. /Resources << /Font 1 0 R Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. /ProcSet [ /PDF In the fourth quarter, the Company returned approximately $1.5 billion to shareholders, including: In fiscal 2022, the Company returned approximately $5.8 billion to shareholders, including: In June 2022, the Board of Directors authorized a new four-year, $18 billion program to repurchase shares of NIKE's Class B common stock. 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. 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