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May 31, 2022
Nike Q4 2022 Earnings Report
Nike's Q4 2022 results reflected a slight revenue decrease and a decrease in gross margin, but were driven by growth in NIKE Direct and EMEA.
Key Takeaways
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.
Fourth quarter revenues were $12.2 billion, down 1 percent compared to prior year and up 3 percent on a currency-neutral basis.
NIKE Direct revenues for the fourth quarter were $4.8 billion, up 7 percent compared to prior year and up 11 percent on a currency-neutral basis.
Gross margin for the fourth quarter decreased 80 basis points to 45 percent.
Diluted earnings per share was $0.90 for the fourth quarter.
Nike
Nike
Nike Revenue by Segment
Nike Revenue by Geographic Location
Revenue by Segment
Nike Brand Revenue
CapyFin.comConverse Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEMEA Revenue
CapyFin.comGreater China Revenue
CapyFin.comAPLA Revenue
CapyFin.comGlobal Brand Divisions Revenue
CapyFin.com Forward Guidance
The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially.
Revenue & Expenses
Visualization of income flow from segment revenue to net income