(In millions, except per share data, Financial ratios and number of shareholders) Nike Financial History from 1992 - 2002 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 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. 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 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. Not only has Nike seen impressive revenue from its … Find the latest Earnings Report Date for Nike, Inc. Common Stock (NKE) at Nasdaq.com. NIKE revenue for the twelve months ending August 31, 2020 was $37.337B, a 6.26% decline year-over-year. Looking back at the last five years, NIKE's revenue peaked in … Commission File No. Operating overhead expense decreased 1 percent to $1.9 billion, as continued investments in DTC were offset by administrative cost efficiencies. 1-10635 NIKE, Inc . NIKE annual revenue for 2018 was $36.397B, a 5.96% increase from 2017. 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. But not all was well with Nike operationally. The following tables show the financial history of Nike from 1992-2017. Skip Navigation. 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%. 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. 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. All values USD Millions. Operating overhead expense remained flat at $7.2 billion, as continued investments in DTC were offset by administrative cost efficiencies and lower variable compensation. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. EBIT was $692 million, about 22% of the total. Earnings, revenue, and direct to consumer sales all beat analyst expectations. 2020 2019 2018 2017 2016 5-year trend; Sales/Revenue: 37,420: 39,122: 36,363: 34,254: 32,464 Nike's Europe, Middle East & Africa segment posted $2.9 billion in revenue during Q1 FY 2021, comprising about 27% of total revenue. The conference call will be broadcast live over the Internet and can be accessed at http://investors.nike.com. All values USD Millions. Nike delivers innovative products, experiences and services to inspire athletes. The following tables show the financial history of Nike from 1992-2017. Revenues for NIKE, Inc. rose 6 percent to $34.4 billion, up 8 percent on a currency-neutral basis. Please check your download folder. 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. 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. Revenue: $8.68 billion vs. an $8.63 billion estimate, analysts said. Nike revenue breakdown by business segment: 30.8% from Apparel, 65.5% from Footwear and 3.7% from Other. View the latest NKE financial statements, income statements and financial ratios. As of Aug. 31, 2017, Nike has repurchased 95 million shares under the program, for $5.3 billion. 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. (Exact name of Registrant as specified in … Nike Inc. Cl B balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Nike Inc. was incorporated in 1967 under the laws of the state of Oregon. 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. 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 … 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 net income for 2019 was $4.029B, a 108.43% increase from 2018. 2020 2019 2018 2017 2016 5-year trend; Sales/Revenue: 37,420: 39,122: 36,363: 34,254: 32,464 This change showed in their 2017 results. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. “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. Nike Inc. continues its big growth curve on the web. NIKE Brand revenue growth was driven by growth in every geography as well as key categories including Sportswear, Running and the Jordan Brand. Nike (NKE) reported fiscal Q2 earnings after market close on December 18. 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. Please check your download folder. 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. (Exact name of Registrant as specified in … NIKE revenue for the quarter ending August 31, 2020 was, NIKE revenue for the twelve months ending August 31, 2020 was. 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. earnings. 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. Commission File No. The decrease in the first quarter Nike Inc 's Revenue compares unfavorably to the Company's average Revenue growth of 7.18%. 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. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. 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. NIKE net income for the twelve months ending August 31, 2020 was $2.690B, a 37.5% decline year-over-year. 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 . View the latest NKE financial statements, income statements and financial ratios. ... though the stock is up 4.6 percent in 2017. 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'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%). 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. Other income, net was $196 million comprised primarily of net foreign currency exchange hedge gains. 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. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. Its main business includes design, development, worldwide marketing and sales of athletic footwear, apparel, … 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. 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%. Despite the ongoing weakness, Nike’s styles dominated the charts in 2017. 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 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, 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. Fiscal year is June-May. 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. 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. Selling and administrative expense decreased 4 percent to $2.7 billion. Nike Inc. Cl B Annual stock financials by MarketWatch. Net Revenue of Nike rose to $36.4 billion in 2018 from $34.35 Billion in 2017. As of May 31, 2017, the NIKE Brand had 985 DTC stores in operation as compared to 919 a year ago. Revenues for NIKE, Inc. rose 5 percent to $8.7 billion, up 7 percent on a currency-neutral basis. Digital commerce sales were up 30% on the previous year. Total sales of $34.35 billion, a 6.2% increase compared with $32.34 billion last year. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete.