Nike's third-quarter fiscal 2025 results showed a 9% year-over-year decline in revenue to $11.27 billion, driven by lower sales across all regions. Net income fell 32% to $794 million, and gross margin contracted to 41.5%. The company's diluted EPS was $0.54, while non-GAAP EPS excluding restructuring charges was not applicable this quarter. Operating income also declined significantly.
NIKE, Inc. reported second quarter fiscal 2025 revenues of $12.4 billion, a decrease of 8 percent compared to the prior year. Diluted earnings per share was $0.78, down 24 percent. The company is taking actions to reposition its business and reignite brand momentum through sport.
NIKE, Inc. reported a 10% decrease in revenue to $11.6 billion, with diluted earnings per share down 26% to $0.70. Gross margin increased to 45.4%, and net income decreased by 28% to $1.1 billion.
Nike reported Q4 2024 revenues of $12.6 billion, a 2% decrease year-over-year, but flat on a currency-neutral basis. Diluted earnings per share was $0.99, including $0.02 of restructuring charges, net of tax benefit. Gross margin increased to 44.7%.
NIKE, Inc. reported a slight increase in revenue for the third quarter, with NIKE Brand revenues up 2% and Converse revenues down 19%. Gross margin increased due to strategic pricing actions and lower costs. Diluted earnings per share was $0.77, or $0.98 excluding restructuring charges.
NIKE, Inc. reported a 1% increase in revenues to $13.4 billion for the second quarter of fiscal year 2024. Diluted earnings per share increased by 21% to $1.03, and the gross margin improved by 170 basis points to 44.6%. The company is also initiating an enterprise initiative to accelerate future growth and efficiency, expecting up to $2 billion in cumulative cost savings over the next three years.
Nike reported a 2% increase in revenue to $12.9 billion for the first quarter of fiscal year 2024. Diluted earnings per share increased by 1% to $0.94. The company's growth was led by EMEA, Greater China and APLA, but was partially offset by a decline in North America.
Nike reported a 5% increase in revenue to $12.8 billion for the fourth quarter of fiscal year 2023. Diluted earnings per share were $0.66. The company's growth was driven by Nike Direct and wholesale revenues.
Nike reported a 14% increase in revenue to $12.4 billion, driven by strong performance in NIKE Direct and wholesale. However, gross margin decreased due to higher markdowns and unfavorable currency exchange rates, leading to an 11% decrease in net income to $1.2 billion and a 9% decrease in diluted earnings per share to $0.79.
NIKE, Inc. reported a 17% increase in revenue to $13.3 billion, driven by strong growth across all geographies and channels. Diluted earnings per share increased by 2% to $0.85. The company's expanding digital leadership and brand strength fueled the momentum.
Nike reported a 4% increase in revenue to $12.7 billion for the first quarter of fiscal year 2023. Diluted earnings per share decreased by 20% to $0.93. The company's growth was driven by NIKE Direct sales and NIKE Brand Digital sales, but gross margin decreased due to elevated freight and logistics costs and lower margins in the NIKE Direct business.
NIKE, Inc. reported a slight decrease in Q4 revenue, with growth in NIKE Direct offset by wholesale declines. Gross margin decreased due to higher inventory obsolescence reserves in Greater China and elevated freight and logistics costs. Diluted earnings per share was $0.90, down 3 percent compared to prior year.
Nike reported a 5% increase in revenue to $10.9 billion, with digital sales growing by 19%. Gross margin increased to 46.6%, and diluted earnings per share were $0.87.
NIKE, Inc. reported a 1% increase in revenue to $11.4 billion for the second quarter of fiscal year 2022. Diluted earnings per share increased by 6% to $0.83. Gross margin increased to 45.9%.
NIKE, Inc. reported strong first-quarter results with revenues up 16% to $12.2 billion and diluted earnings per share up 22% to $1.16. The growth was driven by strong consumer connections, innovation, and digital advantage. NIKE Direct and NIKE Brand Digital sales also experienced significant growth.
Nike reported a significant increase in revenue for Q4 2021, with diluted earnings per share of $0.93. The company's growth was fueled by strong digital sales and the recovery of physical retail operations. Gross margin also saw a substantial increase. Full year revenue increased 19 percent to $44.5 billion.
NIKE, Inc. reported a 3% increase in revenue to $10.4 billion, with Greater China leading the growth. Digital sales surged, but North America faced declines due to supply chain disruptions. Gross margin improved, and diluted earnings per share rose to $0.90.
NIKE, Inc. reported a 9 percent increase in revenue to $11.2 billion, with diluted earnings per share up 11 percent to $0.78. The growth was driven by strong NIKE Brand digital sales, which increased 84 percent. Inventories declined 2 percent, returning to healthy levels globally.
Nike reported a slight decrease in revenue but experienced strong growth in digital sales. The company's earnings per share increased, driven by lower selling and administrative expenses. Nike is focused on accelerating its digital transformation and normalizing marketplace supply and demand.
Nike's Q4 2020 revenue decreased by 38% to $6.3 billion due to widespread store closures related to COVID-19. Digital sales grew by 75%, but were not enough to offset the decline in physical retail. The company reported a net loss of $790 million, or $0.51 per share.
NIKE reported a 5% increase in revenue to $10.1 billion, driven by digital sales growth and strong performance in EMEA, APLA, and North America, although Greater China revenues were impacted by COVID-19. Diluted earnings per share were $0.53, which included a $0.25 non-recurring charge.