Nike, Inc. Letter to Shareholders → PDF. BEAVERTON, Ore., June 28, 2016 – NIKE, Inc. (NYSE:NKE) today reported fiscal 2016 financial results for its fourth quarter and full year ended May 31, 2016. His entrepreneurial drive is, and always will be, part of our DNA. To amplify the energy across our diverse portfolio of categories, we will continue to unify performance and lifestyle with inspirational sportswear for both men and women. Other income, net was $140 million for the fiscal year, mainly comprised of net foreign currency exchange gains. Weâre grateful that his transcendent leadership has taken NIKE this far. Through the app, consumers will receive targeted offers, share their progress on social media, and earn invitations to exclusive in-person events. This is the nineteenth annual report of the Nike Pension Fund. Objective and vision The Nike pension fund’s objective is to protect its participants, former In fiscal 2016, NIKE, Inc. repurchased a total of 55.4 million shares for approximately $3.2 billion, at an average cost of $58.44, under the new $12 billion program currently in use as well as the previous $8 billion program approved by the Board of Directors in September 2012. NIKEâs success underscores our ability to drive both profitable growth and significant shareholder value. When they talk about building a company in a manâs image, thatâs NIKE and Phil Knight. Nowhere is that more clear than in basketball, where our products are helping the worldâs best raise their game. Cash and short-term investments were $5.5 billion, $467 million lower than last year as growth in net income and proceeds from the issuance of debt in the second quarter were more than offset by share repurchases, investments in infrastructure and working capital, higher dividends, and a reduction in collateral received from counterparties to foreign currency hedging instruments. It starts by taking a global approach. Nike Inc. Cl B annual balance sheet for NKE company financials. Select Financials; Shareholder Info; 10-K → PDF. Revenues up 5 percent to $8.4 billion; 14 percent growth excluding currency changes. Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Mark Parker In March in New York City, we debuted an unprecedented wave of innovation. Looking back on fiscal 2016, Iâm inspired by our strong performance. This year, we managed uncertainty in the near-term and targeted our investments to accelerate growth for years to come. The Lunar Epic creates a unique sensation, featuring a mid-height, stretch Flyknit collar. Branding, Editorial Design, For the consumer, the connection between the digital and physical worlds is closer than ever. Revenues for Converse were $2.0 billion, up 2 percent on a currency neutral basis, mainly driven by strong growth in the United States and Asia Pacific, slightly offset by lower sales in Europe. Chairman, Chief Executive Officer and President And with the Ellen MacArthur Foundation, weâre exploring new business models that keep materials in play through re-use and regeneration. To understand, track and decrease carbon across our value chain, we released our FY 14/15 Sustainable Business Report in May 2016 – featuring groundbreaking plans to maximize athletesâ performance, while minimizing our environmental impact. * The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Nowhere is that shift more clear than in the new Nike+ app, the all-access pass to your potential. For fiscal 2016, NIKE Brand and Converse sales in the United States accounted for approximately 47% of total revenues, compared to 46% for both fiscal 2015 and fiscal 2014. Thatâs why we invest in integrating digital and physical retail seamlessly, giving our consumers better access to the products they want. As the global leader, NIKE is driving the new reality of retail for athletes around the world. As a result, sport is now a part of the everyday lifestyle and sneaker culture is booming. NIKE, Inc. adopted Accounting Standards Update No. NIKE, Inc. Reports Fiscal 2016 First Quarter Results. Nike delivers innovative products, experiences and services to inspire athletes. Across NIKE, we are driving our Manufacturing Revolution, a series of investments that are transforming how our products are made. Revenue Performance; EPS Performance; Return On … We build deep, personal connections with consumers. You can search for our annual reports and proxy statements by year. Weâre partnering with innovators who help us accelerate systemic change at scale. Fourth quarter revenues up 6 percent to $8.2 billion; 9 percent growth excluding currency changes, Fourth quarter diluted earnings per share flat to prior year at $0.49, Fiscal 2016 revenues up 6 percent to $32.4 billion; 12 percent growth excluding currency changes, Fiscal 2016 diluted earnings per share up 17 percent to $2.16, Worldwide futures orders up 8 percent; 11 percent growth excluding currency changes, Inventories as of May 31, 2016 up 12 percent. Ahead of the Summer Games in Rio, we unveiled breakthrough products that will elevate the performance of the worldâs best athletes, on the biggest stage in sports. Select Financials; Shareholder Info; 10-K → PDF. The Menâs, Womenâs, and Young Athletes businesses all grew double-digits – headlined by Womenâs growing 17%, and continuing to outperform. In fiscal year 2016, the results of this approach came to life like never before: This past year, we also demonstrated the power of our complete offense and on a constant currency basis: HyperAdapt 1.0 Powered by an advanced lacing system, the HyperAdapt 1.0 is the first step into the future of footwear – one where products change as you change. Powered by our extraordinary team, innovative mindset, and global brand leadership, Iâve never been more confident in the future NIKE is creating. NIKE, Inc. was incorporated in 1967 under the laws of the State of Oregon. And above all, climate change is constraining resources. NIKE Brand sales to wholesale customers increased 9 percent on a currency-neutral basis while DTC revenues grew to $7.9 billion, up 25 percent excluding the impact of changes in foreign currency, driven by a 51 percent increase in online sales, the addition of new stores and 10 percent growth in comparable store sales. Revenues up 8 percent to $8 billion ; 14 percent growth excluding currency changes Diluted earnings per share up 22 percent to $0.55 Worldwide futures orders up 12 percent; 17 percent growth excluding currency changes Inventories as of February 29, 2016 up 8 percent NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 third quarter ended February 29, 2016 . Strong consumer demand drove revenue growth across the NIKE … During the fourth quarter, NIKE, Inc. repurchased a total of 9.0 million shares for approximately $540 million as part of the four-year, $12 billion program approved by the Board of Directors in November 2015. Nike Annual Report 2016. Dear shareholders, customers, partners, and employees: I’m proud of the progress we’ve made as a company this past year and excited about the opportunity for even more progress in the year ahead. They include Aero Blades, a never-before-seen aerodynamic technology that reduces wind resistance for all runners – from sprinters to marathoners. NIKE is a Growth Company. The effective tax rate was 21.2 percent, compared to 17.8 percent for the same period last year, primarily due to adjustments in the prior year to reduce tax expense recognized in the interim quarters of fiscal 2015 on intercompany transactions. The Timken Company Investor Relations Website – Investors' source for Timken Company latest financial updates Notify me of new financial documents posted to this site. As he evolves into his next role within NIKE, Phil remains the voice that inspires us all. Find PUMA's fastest annual report and our annual reports back to 1998 as well as statements about our quarterly results. And to focus on the audiences with the biggest potential, we are making bold investments in our womenâs and young athletes offenses. Fiscal 2016 diluted earnings per share rose 17 percent to $2.16, reflecting revenue growth of 6 percent, gross margin expansion, a lower tax rate and a lower average share count. Income statements, balance sheets, cash flow statements and key ratios. At the same time, global companies like NIKE are faced with foreign currency pressures and the realities of geopolitical volatility. Revenues for NIKE, Inc. rose 6 percent to $32.4 billion, up 12 percent on a currency-neutral basis. Find out the revenue, expenses and profit or loss over the last fiscal year. Just as we celebrated history being made, we also honored a legacy of excellence. Find the latest Earnings Report Date for Nike, Inc. Common Stock (NKE) at Nasdaq.com. In fiscal 2016, we not only expanded our leadership position, we also set the foundation for long-term growth across every dimension of our business. Income statements, balance sheets, cash flow statements and key ratios. We did it by staying true to the formula that got us here: a relentless innovation mindset and partnerships with the worldâs greatest athletes. NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 28, 2016, to review fiscal fourth quarter and full year results. Headlining the event was the HyperAdapt 1.0, the most adaptive footwear ever created. "Our consistent growth is fueled by innovation, which is why fiscal 2016 was such a breakthrough year for NIKE in everything we do,” said Mark Parker, President and CEO, NIKE, Inc. “From product to manufacturing to how we serve our consumers – more personally and at scale – we’ve raised the bar of what’s possible. NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. NIKE, Inc. (NYSE:NKE) today reported financial results for its first quarter ended August 31, 2015. The 2016 Annual Report begins with a message from the WTO Director-General and an overview of the past year. In doing so, we not only accelerated our mission of serving the athlete – but also envisioned the future of sport. Nike Inc.’s property, plant and equipment, net increased from 2018 to 2019 and from 2019 to 2020. Nike annual report 2016 This is the first time that I report on the development of Nike. We create innovative, must-have products. This is followed by more in-depth accounts of the WTO’s areas of activity over the past 12 months. To make them happen, we know itâs going to take creativity, passion and leadership from everyone on the NIKE team. Running grew 10%, Jordan Brand grew 21%, and sport style innovation fueled 22% growth in NIKE Sportswear. 2016 Nike Annual Report. It offers the best of NIKE at your fingertips, from a personal store to customized on-demand coaching. Operating overhead expense increased 8 percent to $7.2 billion due to the expanding DTC business, and targeted investments in operational infrastructure and consumer-focused digital capabilities. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, July 5, 2016. Creative Fields. earnings NIKE, Inc. Reports Fiscal 2021 First Quarter Results September 22, 2020 – BEAVERTON, Ore., Sept. 22, 2020 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for … Just recently, we also made an important announcement about the founder who created the roadmap for this great company. For Nike, FY20 was a year that proved the power of our competitive advantages – and the opportunity we have to accelerate them. Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. Get the detailed quarterly/annual income statement for Nike, Inc. (NKE). 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