NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2019 fourth quarter and full year ended May 31, 2019. * See additional information in the accompanying Divisional Revenues table regarding this non-GAAP financial measure. The segment’s revenue growth has stalled over the last few years. “FY19 was a pivotal year for NIKE as we continue to bring our Consumer Direct Offense to life throughout the marketplace,” said Mark Parker, Chairman, President and CEO, NIKE, Inc. “Our distinctive innovation and digital advantage led to accelerated growth across our complete portfolio, while our Brand fueled deeper relationships with consumers around the globe.”** These benefits were partially offset by higher product costs. Download the PDF of the FY19 Q4 Combined NIKE Press Release and Schedules. This is also considered the "top-line" of the income statement. • Net income was $989 million and diluted earnings per share was $0.62 driven by strong revenue growth, gross margin expansion, and a lower average share count, which were slightly offset by higher selling and administrative expense and a higher tax rate. The conference call will be broadcast live via webcast and can be accessed at http://investors.nike.com. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, July 11, 2019. Fourth quarter revenue … BEAVERTON, Ore., June 27, 2019 - NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2019 fourth quarter and full year ended May 31, 2019. Individuals can also visit http://news.nike.com and follow @NIKE. 12 months ended: May 31, 2020 May 31, 2019 May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015; Footwear: Apparel: Equipment: Other: Revenues by major product lines Please try again by refreshing your browser or contact us with details of your problem. • Selling and administrative expense increased 9 percent to $3.4 billion. In fiscal 2019, NIKE, Inc. repurchased a total of 54.3 million shares for approximately $4.3 billion under the above mentioned $15 billion program currently in use as well as the previous $12 billion program approved by the Board of Directors in November 2015. ** The marked paragraph contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. • Gross margin increased 80 basis points to 45.5 percent due primarily to higher average selling prices, impacts from foreign currency, and growth in NIKE Direct. An error occurred. Revenues are used for all operating expenses as well as other line items which eventually lead to the net income for the company. One of the critical ingredients of Nike success is its ability to create demand for its products. Under Armour’s Beaten-Down Stock Is Rising Again. View and export this data going back to 1984. Revenues measure the total amount of value that a company brings in during a certain period. • Cash and equivalents and short-term investments were $4.7 billion, $582 million lower than last year as share repurchases, dividends, and investments in infrastructure more than offset proceeds from net income. As of May 31, 2019, a total of 11.6 million had been repurchased under this program for approximately $986 million. 10-K (filing date: 2015-07-23). Nike Inc , FOOTWEAR, APPAREL, EQUIPMENT & OTHER, OTHER, North America, EMEA, Asia Pacific, Other Emerging Markets, Global Brand Divisions, Total Quarterly Segment Results, Source of Revenue … It’s getting harder to find Nikes—and that’s just how Nike wants it, Dow Jones Holds Gains Ahead Of Election Day; These Electric Car Stocks Rise, The Zacks Analyst Blog Highlights: PG, NKE, UPS, ZM and LMT, Dow Jones Today, Stocks Take Pre-Election Bounce; Electric Automakers Rally, PayPal Rises Ahead Of Earnings, Companies' future tax rates may hinge on election results, Earnings Reports for the Week of Nov. 2-6.
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