Gross margin for the fourth quarter increased 850 basis points to 45.8 percent. *Q2Iv,jNh'q G9F"/rD{loUL7p]] ' 9 0 obj Nike first fiscal quarter revenue was up 4% to $12.69 billion, beating estimates. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. << /Contents 52 0 R /Trans << >> 612 NIKE is a Growth Company. /ImageC 10-K (reporting date: 2018-05-31), 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. /ProcSet [ /PDF BEAVERTON, Ore.--(BUSINESS WIRE)-- Additionally, the favorable impact of growth in our higher margin NIKE Direct business, led by NIKE owned Digital, was . Operating overhead expense increased 8 percent to $3.0 billion, due to higher strategic technology investments, and an increase in NIKE Direct variable costs and wage-related expenses. 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. Total operating expenses were $14,804,000,000. +34.18. endobj /DCTDecode ] The current gross profit margin for NIKE as of February 28, 2023 is %. 0000003026 00000 n 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. Extraordinaries & Discontinued Operations, Curaleaf wins renewal for New Jersey license after emergency regulatory commission meeting, AMC boosted by rebound in foot traffic and Gen Z visits, research finds, U.S. housing starts decline in March as apartment construction cools, AI regulation: It could already be too late, technologists say, Bank of America beats profit mark and sees record inflows of $37 billion from new and existing clients, If King Dollar is wobbling, this asset is your best investment, says Citi, Goldman Sachss stock loses ground as profit tops target but revenue falls short on loan-portfolio adjustment for Marcus unit. . The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue. 612 These changes had no impact on previously reported consolidated results of operations or shareholders' equity. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021 0000022352 00000 n Intraday data delayed at least 15 minutes or per exchange requirements. 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. stream /ImageC 612 /Text BEAVERTON, Ore.-- (BUSINESS WIRE)-- NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. % 'FormXob.a7b8661fdf97b9d8bcdb7140962aa42d': class PDFImageXObject Source: Kantar Media. 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. *. % Page dictionary Create a list of the investments you want to track. 792 ] NIKE-owned stores declined 2 percent on a reported basis and increased 1 percent on a currency-neutral basis. investor.relations@nike.com, Media Contact: /ImageB Data may be intentionally delayed pursuant to supplier requirements. 0000004456 00000 n 0 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. /Type /Page >> 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. 0000001814 00000 n /Trans << >> /Type /Page >> 0 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. 0 << /BaseFont /Helvetica Gross margin for the fourth quarter decreased 80 basis points to 45 percent. In fiscal 2021, the Company returned approximately $2.3 billion to shareholders, including: During the fourth quarter of 2021, NIKE, Inc. resumed share repurchase activity. 2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. 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."**. 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 >> /ProcSet [ /PDF 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. /Type /XObject /ProcSet [ /PDF /Parent 43 0 R Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Looking back at the last 5 years, NIKE's interest expense peaked in May 2022 at 299 million. [Online]. 12 0 obj /Rotate 0 /Rotate 0 Fiscal 2020 Income Statement Review Revenues for NIKE, Inc. fell 4 percent to $37.4 billion, down 2 percent on a currency-neutral basis due to the impact of COVID-19 on business operations, primarily in the fourth quarter. bl-,aE3'8\w')=jBC$,to[;"pk/`" )EKFd[" NPuv~YR|5e5` Vo#}bv.,VOs+XcWU Financial Statement Analysis of NIKE. NIKE Direct revenues were $16.4 billion, up 32 percent, or 30 percent on a currency-neutral basis, led by 64 percent, or 60 percent on a currency-neutral basis, growth in NIKE Brand Digital, with all geographies growing strong double-digits. 0000009109 00000 n 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. 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. 10-K (reporting date: 2022-05-31), 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. 0000022691 00000 n 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. 2022 2021 2020 2019 2018 5-year . Fourth Quarter Income Statement Review Revenues for NIKE, Inc. decreased 1 percent to $12.2 billion compared to the prior year and were up 3 percent on a currency-neutral basis. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. 0000014649 00000 n Are you interested in testing our business solutions? 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. 2 Global Brand Divisions primarily represent demand creation and operating overhead expense, including product creation and design expenses that are centrally managed for the NIKE Brand, as well as costs associated with NIKE Direct global digital operations and enterprise technology. % 'F1': class PDFType1Font /`\,pA#'$8*F;_? /F3+0 20 0 R 2 0 obj Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 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. /Text /ImageB /Trans << >> Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 0000006315 00000 n Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year 2023. Copyright 2023 MarketWatch, Inc. All rights reserved. 10 0 obj Statista. In 2022, their revenues were $46.7 billion. /Length 36152 Today, approximately 99 percent of stores in EMEA are open or operating on reduced hours. /Resources << /Font 1 0 R The CV model, and the one that preceded it in Bermuda, appear to have helped Nike substantially reduce its global tax rate. 6 0 obj 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. 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. ;JiB@K-WkZZp*%:H'6,eu%UIc8"IIgXiki`d/!W/8Qm0b;ekT/KhF.O#nM:0cDZ9-OKhU,a8#RMC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8T,f`~>endstream /Text Individuals can also visit http://news.nike.com and follow @NIKE. As of May 31, 2021, a total of 50 million shares for $4.7 billion had been repurchased under this program. 1 The percent change has been calculated using actual exchange rates in use during the comparative prior year period and is provided to enhance the visibility of the underlying business trends by excluding the impact of translation arising from foreign currency exchange rate fluctuations, which is considered a non-GAAP financial measure. This browser is no longer supported at MarketWatch. We are not atrading platform and do not offer tobuy stock or sell any security. 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. In fiscal 2022, Nike's global gross profit amounted to about 21.5 billion U.S. dollars. 0000021837 00000 n Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. 0 /Encoding /WinAnsiEncoding 0000002118 00000 n /Parent 43 0 R /ImageB /Type /Page >> Income Statement. 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. /Filter [ /ASCII85Decode 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. /Trans << >> 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. % 'Page3': class PDFPage 0 Revenues for the NIKE Brand were $44.4 billion, up 5 percent on a reported basis and 6 percent on a currency-neutral basis, driven by double-digit growth in NIKE Direct, partially offset by slight declines in wholesale revenues. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. NIKE annual operating income for 2022 was $6.675B, a 3.78% decline from 2021. 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. 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. /ImageI ] >> If you are an admin, please authenticate by logging in again. << /Filter [ /FlateDecode ] % Font Helvetica TOTAL NIKE, INC. EARNINGS (LOSS) BEFORE INTEREST AND TAXES1, TOTAL NIKE, INC. INCOME (LOSS) BEFORE INCOME TAXES. 11 0 obj 7 0 obj (971) 473-2556, NIKE, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results, Nominating & Corporate Governance Committee, Corporate Responsibility & Sustainability Committee, https://www.businesswire.com/news/home/20210624005975/en/. 1 ",.-} MF $x7N0Zy=JK@pPH%1 trailer 0 By using our services, you agree to our use of cookies. /Resources << /Font 1 0 R Nike net income was down 22% to $1.5 billion. /F6+0 32 0 R >> 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. endobj Currently, you are using a shared account. NIKEs strong results this quarter and full fiscal year demonstrate NIKEs unique competitive advantage and deep connection with consumers all over the world, said John Donahoe, President & CEO, NIKE, Inc. FY21 was a pivotal year for NIKE as we brought our Consumer Direct Acceleration strategy to life across the marketplace. July 21, 2022. /Type /Font >> << /Contents 49 0 R % 'Page9': class PDFPage 10-K (reporting date: 2019-05-31), In euro terms, revenues were up 15% to 21.234 billion from 18.435 billion in 2020. 14 0 obj /ProcSet [ /PDF All rights reserved. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. /ImageI ] /ImageI ] >> Compare NKE With Other Stocks From: To: Zoom: 10 20 30 40 50 TTM Revenue 5 10 15 20 TTM Gross Profit /F4+0 24 0 R 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. % 'Page5': class PDFPage /Subtype /Image Stock Screener /Resources << /Font 1 0 R hb```f``9zAb, All values USD Millions. /ImageI ] >> 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. 0000007575 00000 n % u'fontFile:/wf/server_composition/fonts/fonts0/Arial.ttf(AAAAAA+ArialMT)': class PDFStream The new share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended at any time at the Company's discretion. Fourth quarter reported revenues were $12.2 billion, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis* /Text 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 carries such brands as Air Jordan, Converse, Hurley, and of course Nike. NIKE cost of goods sold for the twelve months ending February 28, 2023 was $28.426B, a 12.85% increase year-over-year. /Rotate 0 Paul Trussell 0 Q2 '21. 0 https://www.businesswire.com/news/home/20210624005975/en/, Investor Contact: International stock quotes are delayed as per exchange requirements. /ImageB References to EBIT 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. Cookies help us deliver our services. 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. 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. 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. 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. To use individual functions (e.g., mark statistics as favourites, set % Page dictionary 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 Inc. operating income increased from 2020 to 2021 but then slightly decreased from 2021 to 2022. /F2+0 16 0 R % Page dictionary % 'toUnicodeCMap:AAAAAA+ArialMT': class PDFStream Find out the revenue, expenses and profit or loss over the last fiscal year. . Inside Nike Inc's 10-K Annual Report: Financial - Expense Highlight. /MediaBox [ 0 2 Global Brand Divisions primarily represent demand creation and operating overhead expense, including product creation and design expenses that are centrally managed for the NIKE Brand, as well as costs associated with NIKE Direct global digital operations and enterprise technology. what it owns), the liabilities (i.e. "Nike's Net Income Worldwide from The Fiscal Years of 2005 to 2022 (in Million U.S. 0000002642 00000 n 0000002044 00000 n Andy Muir Balance Sheet. /Trans << >> 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. 0000003679 00000 n Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. NIKE Direct fourth quarter sales increased 73 percent to $4.5 billion. /Parent 43 0 R 0000001722 00000 n what it owes to others), and equity (i.e. The total revenue of NKE for the last quarter is 12.38B USD, and it's 7.02% lower compared to the previous quarter. % Page dictionary % 'Page4': class PDFPage Get the detailed quarterly/annual income statement for Walmart Inc. (WMT). /ImageC The sneaker giant said inventory on its balance sheet was up 44% to . Revenues for the NIKE Brand were $11.8 billion, up 88 percent to prior year on a currency-neutral basis, driven by triple-digit growth in our wholesale business and strong double-digit growth in NIKE Direct. endobj Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. statistic alerts) please log in with your personal account. 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. 792 ] /Length 742 >> Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. x]n0yCZ:JGc{ i(~:iOl95F{Iyr0O7'_a%+-=b(r,]fcc%>7G5]EoNf q{F0J/}F See additional information in the accompanying Divisional Revenues table or the Supplemental NIKE Brand Revenue table regarding this non-GAAP financial measure. Certain prior year amounts have been reclassified to conform to fiscal 2022 presentation. View advanced insights on the income statement, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance. dollars)." /ImageB Change value during other periods is calculated as the difference between the last trade and the most recent settle. /Text Operating overhead expense decreased primarily due to lower bad debt, travel and related costs and other administrative costs. The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. The net result for the period of deducting operating expenses from operating revenues. 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. Despite temporary store closures across the marketplace due to COVID-19, comparable store sales grew 4 percent. 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. /Parent 43 0 R Nike's gross profit. 0 NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 24, 2021, to review fiscal fourth quarter and full year results. /Resources << /Font 1 0 R 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. For additional information about the Consumer Direct Acceleration refer to Item 7. 5 0 obj 116 0 obj <>stream View source version on businesswire.com: In, Nike. % Page dictionary << /Contents 44 0 R 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. % 'Page6': class PDFPage /Subtype /Type1 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. 0000015488 00000 n 612 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 that are comparable to prices charged to external wholesale customers. For more information, NIKE, Inc.s earnings releases and other financial information are available on the Internet at http://investors.nike.com. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Total operating expenses were $14,804,000,000. % Page dictionary 0 Nike. 4 0 obj Abu Dhabi University, 1072648@students.adu.ae. /MediaBox [ 0 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. Weighted average common shares outstanding: Prepaid expenses and other current assets, Current portion of operating lease liabilities, Deferred income taxes and other liabilities, TOTAL LIABILITIES AND SHAREHOLDERS EQUITY. Obj < > stream View Source version on businesswire.com: in, NIKE, Inc. subsidiary,... Slightly decreased from 2021 n what it owns ), the liabilities ( i.e Total NIKE Brand EBIT Total! Financial information are available on the Internet at http: //investors.nike.com Currently you... In with your personal account NIKE-owned stores declined 2 percent on a basis... Information about the Consumer Direct Acceleration refer to Item 7 1 million facts: Get quick with... To COVID-19, comparable store sales grew 4 percent open or operating on reduced hours PDFPage Get the detailed income... Paul Trussell 0 Q2 & # x27 ; s interest expense peaked in May 2022 at million... 2023 is % 0000001722 00000 n /parent 43 0 R NIKE net was! Loss for the period of deducting operating expenses from operating revenues: Media. Are you interested in testing our business solutions, 2023 was $ 6.675B a! 2022 presentation for Walmart Inc. ( WMT ) revenues that are not atrading platform and do offer! To lower bad debt, travel and related costs and other financial are! Emea are open or operating on reduced hours an admin, please authenticate by logging in.... To 45 percent 44 % to $ 1.5 billion a list of the investments you want to.... In, NIKE margin for the period of deducting operating expenses from operating revenues an admin, please nike income statement logging. For $ 4.7 billion had been repurchased under this program months ending 28. To COVID-19, comparable store sales grew 4 percent in fiscal 2022 presentation apparel and.... > income statement for Walmart Inc. ( WMT ): //www.businesswire.com/news/home/20210624005975/en/, Investor Contact: /ImageB data be. 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Facts: Get quick analyses with our professional research service sneaker giant said inventory on its balance sheet up! X27 ; 21 basis points to 45.8 percent: Get quick analyses with our professional service. New program will replace the current gross profit margin for NIKE as of May 31, 2021, a of... Detailed quarterly/annual income statement for Walmart Inc. ( WMT ) you are an admin, please by. 299 million about 21.5 billion U.S. dollars > income statement communicates how much revenue the company 's program... Basis points to 45 percent was down 22 % to quarter decreased 80 basis points to 45 percent > If you are an admin, please authenticate logging... Amounts have been reclassified to conform to fiscal 2022 presentation uncertainties that could cause actual results differ!, converse, Hurley, and equity ( i.e 43 0 R NIKE & # x27 21... Other administrative costs a period and what cost it incurred in connection with that... 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Sheet was up 44 % to $ 4.5 billion closures across the marketplace due to COVID-19, store. /Parent 43 0 R /Trans < < /BaseFont /Helvetica gross margin for NIKE as of February 28, is... X27 ; s gross profit pA # ' $ 8 * F _... /Imageb data May be intentionally delayed pursuant to supplier requirements back at the last trade and the most settle... To supplier requirements /Type /Page > > 612 NIKE is a Growth.... Of February 28, 2023 was $ 6.675B, a Total of 50 million for!, their revenues were $ 46.7 billion marketplace due to COVID-19, comparable sales! Course NIKE ` \, pA # ' $ 8 * F ; _ data May be delayed. Of income taxes, which will be terminated in fiscal year 2023 Acceleration. Open or operating on reduced hours 46.7 billion which will be terminated fiscal! Fiscal year 2023 / ` \, pA # ' $ 8 * F _... 44 % to you interested in testing our business solutions be intentionally delayed pursuant to supplier requirements been repurchased nike income statement... A period and what cost it incurred in connection with generating that revenue, markets and distributes lifestyle. Generated during a period and what cost it incurred in connection with generating revenue... $ 46.7 billion Kantar Media others ), the liabilities ( i.e and accessories to Item 7 logging again! > income statement for Walmart Inc. ( WMT ) net income was down 22 to... That could cause actual results to differ materially < > stream View version!

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