/Rotate 0 /Trans << >> NIKE operating income for the twelve months ending February 28, 2023 was $6.162B, a 13.46% decline year-over-year. KeJuan Wilkins 792 ] 0000021561 00000 n Additionally, management believes these non-GAAP financial measures provide investors with additional financial information that should be considered when assessing the Companys underlying business performance and trends. 0000021837 00000 n 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. In May, Nike's offshore mountain of accumulated profits was worth more . 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. Repurchases under the Company's new program will be made in open market or privately negotiated transactions in compliance with the Securities and Exchange Commission Rule 10b-18, subject to market conditions, applicable legal requirements and other relevant factors. /Rotate 0 Nike Inc. Cl B annual balance sheet for NKE company financials. 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. Revenues. /Type /XObject ^>~17j#`c0/r%^9H\H0~EcE^;k\/!Pi OF`v|#wU| All values USD Millions. As of May 31, 2021, a total of 50 million shares for $4.7 billion had been repurchased under this program. Find out the revenue, expenses and profit or loss over the last fiscal year. endobj 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. /ImageI ] >> endobj Q2 '21. 0000004456 00000 n /ImageI ] SN\pGr< 92axpXDylp8Ec1PUW VHbB.+ngH5'C\)yhq << /Contents 49 0 R 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. "Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. TOTAL NIKE, INC. EARNINGS BEFORE INTEREST AND TAXES1, TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES. 10-K (reporting date: 2017-05-31). % 'Page4': class PDFPage The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. (July 21, 2022). Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. For more information, NIKE, Inc.s earnings releases and other financial information are available on the Internet at http://investors.nike.com. (971) 473-3143, Media Contact: /Type /Page >> Assets. The CV model, and the one that preceded it in Bermuda, appear to have helped Nike substantially reduce its global tax rate. /ImageB << /Contents 52 0 R 612 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. The net income of Q3 22 is 1.24B USD. 792 ] Nike carries such brands as Air Jordan, Converse, Hurley, and of course Nike. 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. 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. Gross margin for the fourth quarter increased 850 basis points to 45.8 percent. /Subtype /Image Nike, Inc. Financials NKE US6541061031 NIKE, INC. (NKE) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Valuation Income Statement Evolution (Annual data) Income Statement Evolution (Quarterly data) Balance Sheet Analysis Profit from the additional features of your individual account. ",.-} MF $x7N0Zy=JK@pPH%1 NIKE annual cost of goods sold for 2021 was $24.576B, a 16.13% increase from 2020. Currently, you are using a shared account. Strike the best investing opportunities on the market! /Type /Page >> /Text %%EOF KeJuan Wilkins /ImageB 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. /Parent 43 0 R ", Nike, Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/241685/net-profit-of-nike-since-2005/ (last visited April 18, 2023), Nike's net income worldwide from the fiscal years of 2005 to 2022 (in million U.S. dollars) [Graph], Nike, July 21, 2022. Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. % 'Page8': class PDFPage 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. Nike's revenues in 2018 were $36.3 billion. 0000027749 00000 n To use individual functions (e.g., mark statistics as favourites, set Stock Screener https://www.businesswire.com/news/home/20210624005975/en/, Investor Contact: 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. 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. 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. Balance Sheet. Individuals can also visit http://news.nike.com and follow @NIKE. /Rotate 0 Fiscal 2020 Income Statement Review Revenues for NIKE, Inc. fell 4 percent to $37.4 billion, down 2 percent on a currency-neutral basis due to the impact of COVID-19 on business operations, primarily in the fourth quarter. 11 0 obj 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. 75 0 obj <> endobj endobj For the best MarketWatch.com experience, please update to a modern browser. Use Ask Statista Research Service. Nike net income was down 22% to $1.5 billion. % Page dictionary *Q2Iv,jNh'q G9F"/rD{loUL7p]] ' /ImageB /Type /Page >> /ImageC 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. /ImageB % 'Page5': class PDFPage /DCTDecode ] the difference between assets and liabilities). 0 Ten years of annual and quarterly balance sheets for NIKE (NKE). 0000022691 00000 n NIKE annual cost of goods sold for 2022 was $25.231B, a 2.67% increase from 2021. /Type /Page >> stream /`\,pA#'$8*F;_? 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. 2 0 obj We are not atrading platform and do not offer tobuy stock or sell any security. 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 . endobj Diluted earnings per share for the fourth quarter was $0.93 and for the full year was $3.56. << /Contents 46 0 R /Trans << >> 612 0000006315 00000 n The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com. Get the detailed quarterly/annual income statement for NIKE, Inc. (NKE). 0 /MediaBox [ 0 /ImageI ] >> /Parent 43 0 R /Rotate 0 2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. 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. Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. 0 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. /MediaBox [ 0 0 NIKE Brand Digital grew 15 percent on a reported basis and 18 percent on a currency-neutral basis, driven by double digit growth in APLA, North America and EMEA. x]j0y9nK[ Revenues for the NIKE Brand were $42.3 billion, up 17 percent on a currency-neutral basis, driven by growth across NIKE Direct and wholesale, double-digit growth across footwear and apparel, with growth led by Sportswear and the Jordan Brand. . xmnVF]3sgHZyE]$oF%@V~wNxw4^8|vmNwy}^N0_Nrv_}?c|j\/8?{ns/fqv}u,R{?n^O^MmuMT']H+}o|n7&7 oM~o~7&7 oM~o~w.w]~;~w.w]~;??!C??!C&o o7M7&o o7M7??O)OS'??O)OS'/%/_K_/%/_K_.w]w;.w]w;+/}-Bw=p.R,J.S}0u2W/1FpdO|endstream 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. In 2022, Nike's global net income amounted. endobj Total operating expenses were $14,804,000,000. All rights reserved. % Font Helvetica stream /Type /Page >> /Rotate 0 These changes had no impact on previously reported consolidated results of operations or shareholders' equity. There are currently no items in this Watchlist. 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. In euro terms, revenues were up 15% to 21.234 billion from 18.435 billion in 2020. Full year reported revenues increased 19 percent to $44.5 billion. View source version on businesswire.com: 792 ] /ImageB 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. 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. Dollars). 612 /ImageI ] >> BEAVERTON, Ore.--(BUSINESS WIRE)-- /Type /Page >> 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. << /Contents 51 0 R /Trans << >> 612 what it owns), the liabilities (i.e. Individuals can also visit http://news.nike.com and follow @NIKE. /Length 9258 9 0 obj /F6+0 32 0 R >> Nike Inc. revenues increased from 2020 to 2021 and from 2021 to 2022. 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. 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. 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. 0000022608 00000 n 1 Revenues for Converse were $593 million, down 1 percent on a reported basis and up 3 percent on a currency-neutral basis, due to wholesale revenue declines offset by growth in our direct to consumer business. /ImageC Something went wrong while loading Watchlist. 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. Despite temporary store closures across the marketplace due to COVID-19, comparable store sales grew 4 percent. All quotes are in local exchange time. /Trans << >> . /ImageI ] >> 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 If you are an admin, please authenticate by logging in again. Additionally, the favorable impact of growth in our higher margin NIKE Direct business, led by NIKE owned Digital, was . The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com. /Resources << /Font 1 0 R 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Change value during other periods is calculated as the difference between the last trade and the most recent settle. /Length1 13856 >> 0000003629 00000 n 2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. 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