Nike Q1 2022 Earnings Report
Key Takeaways
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.
First quarter reported revenues were $12.2 billion, up 16 percent compared to prior year and up 12 percent on a currency-neutral basis.
NIKE Direct sales were $4.7 billion, up 28 percent on a reported basis and up 25 percent on a currency-neutral basis.
NIKE Brand Digital sales increased 29 percent, or 25 percent on a currency-neutral basis.
Diluted earnings per share for the quarter was $1.16, up 22 percent.
Nike
Nike
Nike Revenue by Segment
Nike Revenue by Geographic Location
Forward Guidance
NIKE is a growth company with a market opportunity as large as it's ever been. NIKE’s Consumer Direct Acceleration strategy continues to fuel growth and transform our long-term financial model.
Revenue & Expenses
Visualization of income flow from segment revenue to net income