Nike Q4 2024 Earnings Report
Key Takeaways
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%.
Revenues decreased by 2 percent on a reported basis and were flat on a currency-neutral basis.
NIKE Direct revenues decreased by 8 percent on a reported basis.
Wholesale revenues increased by 5 percent on a reported basis.
Gross margin increased to 44.7 percent, up 110 basis points.
Nike
Nike
Nike Revenue by Segment
Nike Revenue by Geographic Location
Forward Guidance
The fourth quarter results highlighted challenges that have led the company to update Fiscal '25 outlook and are taking actions to reposition NIKE to be more competitive, and to drive sustainable, profitable long-term growth
Revenue & Expenses
Visualization of income flow from segment revenue to net income