% Page dictionary The net income of Q3 22 is 1.24B USD. 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 10-K (reporting date: 2022-05-31), Fiscal years end on May 31 of the respective year. 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. % 'Page5': class PDFPage https://www.businesswire.com/news/home/20220627005703/en/, Investor Contact: /ImageC Income Statement. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021 In the first half of fiscal 2020, prior to COVID-19, NIKE, Inc. revenue was up 9 percent, or 11 endobj the difference between assets and liabilities). 0000015096 00000 n 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. 116 0 obj <>stream /F4+0 24 0 R % 'Page3': class PDFPage The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. KeJuan Wilkins 612 0000028472 00000 n ",.-} MF $x7N0Zy=JK@pPH%1 /F5+0 28 0 R NIKE Brand wholesale equivalent revenues consist of 1) sales to external wholesale customers and 2) internal sales from the Companys wholesale operations to its NIKE Direct operations which are charged at prices comparable to those charged to external wholesale customers. Compare NKE With Other Stocks From: To: Zoom: 10 20 30 40 50 TTM Revenue 5 10 15 20 TTM Gross Profit % 'Page6': class PDFPage /Type /Page >> Privacy Notice | If you are an admin, please authenticate by logging in again. /Subtype /Image Operating overhead expense decreased primarily due to lower bad debt, travel and related costs and other administrative costs. 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. *Q2Iv,jNh'q G9F"/rD{loUL7p]] ' The sneaker giant said inventory on its balance sheet was up 44% to . /ProcSet [ /PDF 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. 8 0 obj /Text x]j0~ /Resources << /Font 1 0 R 612 endobj 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. << /Contents 45 0 R Source: FactSet. /ProcSet [ /PDF Find out the revenue, expenses and profit or loss over the last fiscal year. /Type /Page >> 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Management's Discussion and Analysis of Financial Condition and Results of Operations within the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2021. The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Statista. Fundamental company data and analyst estimates provided by FactSet. what it owes to others), and equity (i.e. 14 0 obj /Trans << >> Nike focuses the corporation on eight of its primary categories which are running, basketball, football (soccer), men and women's training, action sports, golf, and sports wear. Revenues for Converse were $2.2 billion, up 16 percent on a currency-neutral basis, led by strong double-digit sales growth in our digital business. /MediaBox [ 0 /MediaBox [ 0 As of May 31, 2021, a total of 50 million shares for $4.7 billion had been repurchased under this program. 612 /Parent 43 0 R . Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. Operating Margin EBITDA Margin Pre-Tax Profit Margin Net Margin Current and historical gross margin for NIKE (NKE) over the last 10 years. TOTAL NIKE, INC. EARNINGS BEFORE INTEREST AND TAXES1, TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES. References to EBIT and EBIT margin 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 cost of goods sold for the twelve months ending February 28, 2023 was $28.426B, a 12.85% increase year-over-year. These changes had no impact on previously reported consolidated results of operations or shareholders' equity. statistic alerts) please log in with your personal account. 4 Others include all unisex products, equipment and other products not allocated to Mens, Womens and NIKE Kids, as well as certain adjustments that are not allocated to products designated by gender or age. EBIT margin is calculated as EBIT divided by total NIKE, Inc. /Rotate 0 /Text /ProcSet [ /PDF stream 0000027749 00000 n 4 0 obj As physical retail re-opened, NIKE Brand Digital continued to deliver strong revenue growth of 41 percent versus prior year and 147 percent compared to the fourth quarter of 2019. 612 All rights reserved. NIKE Direct fourth quarter sales increased 73 percent to $4.5 billion. KeJuan Wilkins /Parent 43 0 R 0000001848 00000 n Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. 3 Corporate consists primarily of unallocated general and administrative expenses, including expenses associated with centrally managed departments; depreciation and amortization related to the Companys corporate headquarters; unallocated insurance, benefit and compensation programs, including stock-based compensation; and certain foreign currency gains and losses, including certain hedge gains and losses. % 'Page8': class PDFPage Total number of employees working for Nike 2009-2022, Nike's revenue worldwide 2017-2022, by region, Total Starbucks locations globally 2003-2022, U.S. beer market: leading domestic beer brands 2017, based on sales, Revenue and financial key figures of Coca-Cola 2010-2022, Research expert covering apparel industry and general merchandise, Profit from additional features with an Employee Account. /Rotate 0 Demand creation expense was $997 million, up 21 percent, primarily due to the return of sport and brand events driving increased advertising and marketing expense as well as digital marketing investments. 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 financial statements and annual report data for NIKE (NKE). Log in to see them here or sign up to get started. 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. Inside Nike Inc's 10-K Annual Report: Financial - Expense Highlight. This is an average growth rate annually of about 6.8% for the last five years. << /Contents 48 0 R 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. << /Filter [ /FlateDecode ] Nike's Investment Value and Development Trend Article Full-text available Dec 2022 Tianyi Cao View Show abstract Chapter January 1961 Die Begriffe Bilanzanalyse und Bilanzkritik werden in der. The CV model, and the one that preceded it in Bermuda, appear to have helped Nike substantially reduce its global tax rate. 0000002118 00000 n Get the detailed quarterly/annual income statement for NIKE, Inc. (NKE). % Page dictionary /Parent 43 0 R Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. Certain prior year amounts have been reclassified to conform to fiscal 2022 presentation. Full year reported revenues increased 19 percent to $44.5 billion. HVKO0R.,qFB%i`+)-jirU5rlOw/kN#{G~RCP J9im1[ZYYXi. 0 0000005076 00000 n Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. /Resources << /Font 1 0 R /Type /XObject Find out the revenue, expenses and profit or loss over the last fiscal year. FTSE 100. /MediaBox [ 0 The current gross profit margin for NIKE as of February 28, 2023 is %. Today, approximately 99 percent of stores in EMEA are open or operating on reduced hours. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. Cookie Notice (). 10-K PDF. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. To use individual functions (e.g., mark statistics as favourites, set See additional information in the accompanying Divisional Revenues table or the Supplemental NIKE Brand Revenue table regarding this non-GAAP financial measure. North America delivered record revenues, up 141 percent on a reported basis for the fourth quarter, up 29 percent compared to the fourth quarter of 2019, including increased wholesale revenue due to delayed shipments from the previous quarter. Nike's cash flow statement at 31-05 for the last six years is shown in table 3 that shows an improvement in cash flow for Nike, the company cash flow on 31-5-2016 was 3,138 M$ and ends the. Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. NIKE annual operating income for 2021 was $6.937B, a 122.7% increase from 2020. every one of the financial ratios is assembled from the income statements, balance sheets . 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. NIKE-owned stores declined 2 percent on a reported basis and increased 1 percent on a currency-neutral basis. /Trans << >> "Nike's Net Income Worldwide from The Fiscal Years of 2005 to 2022 (in Million U.S. 792 ] 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. Cq^C`trh7[ F6sWQ&0B'~K|m1C%,B'u,y'%&*tL 0000015403 00000 n Demand creation expense was $3.9 billion, up 24 percent compared to prior year, primarily due to normalization of spend against brand campaigns and continued investments in digital marketing to support heightened digital demand. /MediaBox [ 0 Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. /ColorSpace /DeviceCMYK 2017. There are currently no items in this Watchlist. The net income raised on $6,046,000,000 and profit margin reached 13%. 792 ] Gross margin for the fourth quarter decreased 80 basis points to 45 percent. /ImageB Operating overhead expense increased 16 percent to $2.7 billion, due to an increase in wage-related expenses, higher strategic technology investments and NIKE Direct variable costs, partially offset by lower bad debt expense. /Text NIKEs brand momentum is a testament to our authentic consumer connections, digital strength and continued operational execution, said Matt Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. As we advance our consumer-led digital transformation, we are building a new financial model that will continue to fuel long-term sustainable, profitable growth for NIKE. *. /Text bl-,aE3'8\w')=jBC$,to[;"pk/`" )EKFd[" NPuv~YR|5e5` Vo#}bv.,VOs+XcWU NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2020 fourth quarter and full year ended May 31, 2020. << /Contents 50 0 R Nike's gross profit. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 0000021837 00000 n 0000002212 00000 n % 'Page2': class PDFPage Are you interested in testing our business solutions? 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."**. Individuals can also visit http://news.nike.com and follow @NIKE. Nike Inc. operating income increased from 2020 to 2021 but then slightly decreased from 2021 to 2022. 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. 0 The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. 0000001136 00000 n 10-K (reporting date: 2020-05-31), Cookies help us deliver our services. endobj For more information, NIKE, Inc.s earnings releases and other financial information are available on the Internet at http://investors.nike.com. % Page dictionary 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. Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars) [Graph]. % 'F1': class PDFType1Font 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. << /Contents 46 0 R /ImageC 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. We are not atrading platform and do not offer tobuy stock or sell any security. /Parent 43 0 R Based on: NIKE operating income for the twelve months ending February 28, 2023 was $6.162B, a 13.46% decline year-over-year. /ProcSet [ /PDF 1 what it owns), the liabilities (i.e. 2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. endobj In, Nike. 1 0 obj 792 ] /Name /F1 0000022608 00000 n Total NIKE Brand EBIT and Total NIKE, Inc. EBIT are considered non-GAAP financial measures and are being provided as management believes this additional information should be considered when assessing the Companys underlying business performance and trends. 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, $18 billion program to repurchase shares of NIKE's Class B common stock. Flow Media s.r.o. HVkAmH_fQn$&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- /ImageI ] >> 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. In euro terms, revenues were up 15% to 21.234 billion from 18.435 billion in 2020. Fourth quarter reported revenues were $12.2 billion, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis* endstream endobj 87 0 obj <> endobj 88 0 obj <> endobj 89 0 obj <>stream Nike. Total operating expenses were $14,804,000,000. stream Mohammed Almani. /Rotate 0 SN\pGr< 92axpXDylp8Ec1PUW VHbB.+ngH5'C\)yhq 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 . OUR APPROACH TO RISK MANAGEMENT The UK tax strategy conforms with Nike, Inc.'s Code of Business Conduct and Ethics "Inside the Lines" and is owned and approved by Nike Management and overseen by the Nike, Inc. Board of Directors and Audit Committee. 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. /Type /Page >> /Trans << >> 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. endobj /Text Dollars). BEAVERTON, Ore.-- (BUSINESS WIRE)-- NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. 0000022422 00000 n endobj Fueled by our momentum, we continue to invest in innovation and our digital leadership to set the foundation for NIKEs long-term growth. *. The fiscal years of 2005 to 2022 ( in million U.S. dollars ) [ Graph ] year... 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