https://assets.capyfin.com/instruments/678fdc13234e27009c5d5760.png avatar
Nike
🇺🇸 NYSE:NKE
View Company
OverviewEarningsDividends
•
May 31, 2021

Nike Q4 2021 Earnings Report

Nike's Q4 2021 results reflected a strong recovery and growth, driven by digital sales and the normalization of retail operations after COVID-19 impacts.

Key Takeaways

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.

Fourth quarter revenues increased by 96% compared to the prior year, reaching $12.3 billion.

NIKE Direct sales for the fourth quarter rose by 73% to $4.5 billion.

Gross margin for the fourth quarter increased by 850 basis points to 45.8 percent.

Diluted earnings per share for the fourth quarter was $0.93.

Total Revenue
$12.3B
Previous year: $6.3B
+95.2%
EPS
$0.93
Previous year: -$0.51
-282.4%
Gross Margin
45.8%
Previous year: 37.3%
+22.8%
Demand Creation Expense
$997M
Previous year: $823M
+21.1%
Operating Overhead Expense
$2.75B
Previous year: $2.37B
+15.9%
Gross Profit
$5.66B
Previous year: $2.35B
+140.3%
Cash and Equivalents
$9.89B
Previous year: $8.35B
+18.5%
Free Cash Flow
$1.84B
Previous year: -$290M
-733.8%
Total Assets
$37.7B
Previous year: $31.3B
+20.4%

Nike

Nike

Nike Revenue by Segment

Nike Revenue by Geographic Location

Forward Guidance

The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed from time to time in reports filed by NIKE

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Nike