As a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international
The combination of owned and partner digital revenue is now nearly 35% of our total business, more than 3 years ahead of our prior plan
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(Read more) topThe combination of owned and partner digital revenue is now nearly 35% of our total business, more than 3 years ahead of our prior plan
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's,...
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international
(Read more) top... a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international.
(Read more) topEarlier, I mentioned NIKE Direct is approaching 40% of our brand business today, and we expect it to represent approximately 60% of the business in fiscal '25, led by growth in digital
(Read more) top... range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international.
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan,...
(Read more) top... significant market opportunity that we see for our brands across the portfolio as well as our accelerated shift to a more direct member-centric business model. As a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace...
(Read more) topThis is based on the significant market opportunity that we see for our brands across the portfolio as well as our accelerated shift to a more direct member-centric business model. As a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized...
(Read more) topFor Q4, let me touch on two great examples of how we are investing in our top growth opportunities, our women's business and Jordan Brand. We are investing and focused across the entire value chain to unlock the vast opportunity we see for women's
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international
(Read more) topGrowth will be led by NIKE Direct and our strategic marketplace partners. Earlier, I mentioned NIKE Direct is approaching 40% of our brand business today, and we expect it to represent...
(Read more) topAs we drive towards a more direct business model, we remain committed to create long-term value for our shareholders through serving consumers and sustaining our disciplined financial management
(Read more) topAs a result of all of these, we see our EBIT margin reaching high teens by fiscal '25 with earnings per share growth of mid- to high teens on average over this period. As we drive towards a more direct business model, we remain committed to create long-term value for our shareholders...
(Read more) topThis growth was driven by continued energy for Jordan's most coveted icons, including the AJ1 and AJ11 as well as new product dimensions.
(Read more) topIn fiscal '21, Jordan Brand grew 31%, propelling the business to nearly $5 billion. This growth was driven by continued energy for Jordan's most coveted icons, including the AJ1 and AJ11 as well as new product dimensions
(Read more) topThis growth was driven by continued energy for Jordan's most coveted icons, including the AJ1 and AJ11 as well as new product dimensions.
(Read more) topThis growth was driven by continued energy for Jordan's most coveted icons, including the AJ1 and AJ11 as well as new product dimensions.
(Read more) topAnd we remain focused on our largest growth drivers, including our women's business, apparel, Jordan and international.
(Read more) top... growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international.
(Read more) top... double digits and surpass $50 billion, reflecting strong consumer demand across our operating segments as we lead with digital, scale NIKE owned physical retail concepts and grow with our strategic partners.
(Read more) topIn fiscal '22, we expect revenue to grow low double digits and surpass $50 billion, reflecting strong consumer demand across our operating segments as we lead with digital, scale NIKE owned physical retail concepts and grow with our strategic partners
(Read more) top... NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against our new consumer construct, which will help us accelerate even faster against our largest growth opportunities
(Read more) topIn fiscal '22, we expect revenue to grow low double digits and surpass $50 billion, reflecting strong consumer demand across our operating segments as we lead with digital, scale NIKE owned physical retail concepts and grow with our strategic partners
(Read more) top... marketplace inventory and our organization is aligned against our new consumer construct, which will help us accelerate even faster against our largest growth opportunities.
(Read more) top... is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against our new consumer construct, which will help us accelerate even faster against our largest growth opportunities
(Read more) topOur confidence is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned...
(Read more) topAs we emerge from the pandemic, accelerate our consumer direct strategy and transform the operating model of the company. First of all, NIKE is a growth company, and we expect to sustain strong revenue growth...
(Read more) topAs we emerge from the pandemic, accelerate our consumer direct strategy and transform the operating model of the company. First of all, NIKE is a growth company, and we expect to sustain strong revenue growth going forward
(Read more) top... '22, we expect revenue to grow low double digits and surpass $50 billion, reflecting strong consumer demand across our operating segments as we lead with digital, scale NIKE owned physical retail concepts and grow with our strategic partners
(Read more) top... is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against our new consumer construct, which will help us accelerate even faster against our largest growth opportunities.
(Read more) top... brands across the portfolio as well as our accelerated shift to a more direct member-centric business model. As a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan,...
(Read more) topEarlier, I mentioned NIKE Direct is approaching 40% of our brand business today, and we expect it to represent approximately 60% of the business in fiscal '25, led by growth in digital
(Read more) top... result of three areas I will walk through today: connecting with consumers through compelling brand experiences across Nike, Jordan and Converse; driving product innovation against our greatest growth opportunities; and expanding our digital advantage
(Read more) top... connecting with consumers through compelling brand experiences across Nike, Jordan and Converse; driving product innovation against our greatest growth opportunities; and expanding our digital advantage.
(Read more) top... continue to be the result of three areas I will walk through today: connecting with consumers through compelling brand experiences across Nike, Jordan and Converse; driving product innovation against our greatest growth opportunities; and expanding our digital advantage
(Read more) topThe structural tailwinds we've discussed before, including the return to sport and permanent shifts in consumer behavior towards digital and health and wellness continue to create energy for us.
(Read more) top... we've discussed before, including the return to sport and permanent shifts in consumer behavior towards digital and health and wellness continue to create energy for us.
(Read more) topAnd we continue to bring the emotion and power of our brand to life through our digital ecosystem, which is led by the SNKRS App. In Q4, SNKRS grew over 90% in demand and saw a nearly 80% growth in monthly active users
(Read more) top... the total marketplace, we continue to see strong retail sales growth and consumer demand for our brands exceeding marketplace supply with marketplace inventory down double digits versus the prior year.
(Read more) topOur confidence is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against...
(Read more) topAcross the total marketplace, we continue to see strong retail sales growth and consumer demand for our brands exceeding marketplace supply with marketplace inventory down double digits versus the prior year
(Read more) topOur confidence is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against our new consumer construct, which will...
(Read more) topOur confidence is rooted in the fact that consumers in key cities rate NIKE as their favorite brand, that retail sales continue to grow strongly on lean marketplace inventory and our organization is aligned against our new consumer construct, which will help us...
(Read more) topFor the full year, Greater China delivered its 7th consecutive year of double-digit growth, demonstrating our consistent brand strength and commitment to serving the consumer
(Read more) topFor the full year, Greater China delivered its 7th consecutive year of double-digit growth, demonstrating our consistent brand strength and commitment to serving the consumer
(Read more) topThis member demand growth was underscored by strong results across the consumer funnel, including member engagement, average order value and buying frequency
(Read more) topWe will support partners who continue to authenticate our brand as well as those who have the scale to create a consistent, premium, digitally connected experience for consumers across the marketplace.
(Read more) top... compelling brand experiences across Nike, Jordan and Converse; driving product innovation against our greatest growth opportunities; and expanding our digital advantage.
(Read more) topGrowth will be led by NIKE Direct and our strategic marketplace partners. Earlier, I mentioned NIKE Direct is approaching 40% of our brand business today, and we expect it to represent approximately 60% of the business in fiscal '25, led by growth in digital
(Read more) topThis was driven by strong wholesale shipments and NIKE owned store performance as we anniversary pandemic-related store closures. Even as physical retail reopened, we continued to see strong growth in NIKE Digital of 37% versus...
(Read more) topThis was driven by strong wholesale shipments and NIKE owned store performance as we anniversary pandemic-related store closures. Even as physical retail reopened, we continued to see strong growth in NIKE Digital of 37% versus the prior year
(Read more) top... and consumers have agreed with sales growth well above our expectations and that heightened demand extended to the larger product assortment, with the WNBA's 25th anniversary tee selling out in 1 day.
(Read more) top... with sales growth well above our expectations and that heightened demand extended to the larger product assortment, with the WNBA's 25th anniversary tee selling out in 1 day.
(Read more) top... unlocking growth in our ability to serve them with more personalized shopping experiences, with recommendations across our vast product portfolio, with services and other ways to engage them like NIKE Run Club, NIKE Training Club
(Read more) top... with more personalized shopping experiences, with recommendations across our vast product portfolio, with services and other ways to engage them like NIKE Run Club, NIKE Training Club.
(Read more) topThe new WNBA uniforms were completely reengineered to deliver the exact fit, movement and comfort players said that they want from their jersey and sport
(Read more) topThe new WNBA uniforms were completely reengineered to deliver the exact fit, movement and comfort players said that they want from their jersey and sport
(Read more) topThe new WNBA uniforms were completely reengineered to deliver the exact fit, movement and comfort players said that they want from their jersey and sport.
(Read more) top... above our expectations and that heightened demand extended to the larger product assortment, with the WNBA's 25th anniversary tee selling out in 1 day.
(Read more) topOur NIKE Direct business is now approaching 40% of total NIKE Brand revenue. NIKE Digital represents 21% of total NIKE Brand revenue, a milestone we've reached several...
(Read more) topOur NIKE Direct business is now approaching 40% of total NIKE Brand revenue. NIKE Digital represents 21% of total NIKE Brand revenue, a milestone we've reached several years ahead of our prior plan
(Read more) top... of business through NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs.
(Read more) topFor several quarters now, I've highlighted that the strategic and financial benefit of shifting to a higher mix of business through NIKE Direct led by digital and leveraging...
(Read more) top... financial benefit of shifting to a higher mix of business through NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs
(Read more) top... benefit of shifting to a higher mix of business through NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs
(Read more) topAnd then within that direct business, we continue to see opportunities like I referenced, leveraging data and analytical capabilities, so digital transformation-type capabilities to know where to place our inventory, how to fulfill demand closer to the consumer, whether it's through our stores or through our regional...
(Read more) top... capabilities to know where to place our inventory, how to fulfill demand closer to the consumer, whether it's through our stores or through our regional service centers, how to think about pricing based on the way inventory is flowing and then continued demand and supply management
(Read more) topAnd then within that direct business, we continue to see opportunities like I referenced, leveraging data and analytical capabilities, so digital transformation-type capabilities to know where to place our inventory, how...
(Read more) top... NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs.
(Read more) top... shifting to a higher mix of business through NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs.
(Read more) topThe app actually represents about 40% of our digital business at this point in time, and we are planning to launch the NIKE App in 10 more countries in fiscal year '22
(Read more) top... ecosystem continues to have a significant impact, and we are continuing to invest in the consumer experience in order to take advantage of the consumers' interest and appetite in engaging with our brand in that way.
(Read more) topThe app actually represents about 40% of our digital business at this point in time, and we are planning to launch the NIKE App in 10 more countries in fiscal year '22.
(Read more) top... our app ecosystem continues to have a significant impact, and we are continuing to invest in the consumer experience in order to take advantage of the consumers' interest and appetite in engaging with our brand in that way
(Read more) topAnd I would just add that the NIKE App or our app ecosystem continues to have a significant impact, and we are continuing to invest in the consumer experience in order to take advantage of the consumers' interest and appetite in engaging with our brand in that way
(Read more) top... and we are continuing to invest in the consumer experience in order to take advantage of the consumers' interest and appetite in engaging with our brand in that way.
(Read more) topAs I think about the financial model, Matt as you asked, I sort of answered in my question to Kimberly, which is this shift to digital and that direct sale to the consumer is definitely causing us confidence to inflect our revenue outlook upwards as a first point
(Read more) top... my question to Kimberly, which is this shift to digital and that direct sale to the consumer is definitely causing us confidence to inflect our revenue outlook upwards as a first point.
(Read more) topAs I think about the financial model, Matt as you asked, I sort of answered in my question to Kimberly, which is this shift to digital and that direct sale to the consumer is definitely causing...
(Read more) top... sort of answered in my question to Kimberly, which is this shift to digital and that direct sale to the consumer is definitely causing us confidence to inflect our revenue outlook upwards as a first point.
(Read more) top... see opportunities like I referenced, leveraging data and analytical capabilities, so digital transformation-type capabilities to know where to place our inventory, how to fulfill demand closer to the consumer, whether it's through our stores or through our regional service centers, how to think about pricing...
(Read more) topAnd I would just add that the NIKE App or our app ecosystem continues to have a significant impact, and we are continuing to invest in the consumer experience in order to take advantage of...
(Read more) top... continue to invest in the creation of a premium, seamless consumer digital experience and supply chain capabilities. And we plan to open a new digital technology center in Shenzhen to better serve Chinese consumers.
(Read more) top... review a couple of weeks ago and was really striking to see how they are extending that brand into both performance product into new ways to leverage that Converse brand and the product line as well as getting into apparel and going global
(Read more) topWe just had an operating review a couple of weeks ago and was really striking to see how they are extending that brand into both performance product into new ways to leverage that Converse brand and the product line as well as getting into apparel and going global
(Read more) topWe just had an operating review a couple of weeks ago and was really striking to see how they are extending that brand into both performance product into new ways to leverage...
(Read more) top... that brand into both performance product into new ways to leverage that Converse brand and the product line as well as getting into apparel and going global.
(Read more) topAnd through our new operating model, we are bringing more precision to the art of product creation as we blend the heart and science of innovation.
(Read more) topAnd through our new operating model, we are bringing more precision to the art of product creation as we blend the heart and science of innovation
(Read more) top... they are extending that brand into both performance product into new ways to leverage that Converse brand and the product line as well as getting into apparel and going global.
(Read more) topNIKE's growth has been and will continue to be the result of three areas I will walk through today: connecting with consumers through compelling brand experiences...
(Read more) topWhat that's all about is having the intelligence to know, having the right product in the right place at the right time, so that we can deliver that product in a low-cost, convenient and speedy and in a climate-friendly way
(Read more) topThrough our member days, we saw strong engagement with member demand outpacing total NIKE Direct revenue growth with all-time highs for female active members during Air Max week.
(Read more) topThrough our member days, we saw strong engagement with member demand outpacing total NIKE Direct revenue growth with all-time highs for female active members during Air Max week.
(Read more) topThrough our member days, we saw strong engagement with member demand outpacing total NIKE Direct revenue growth with all-time highs for female active members during Air Max week.
(Read more) top... member days, we saw strong engagement with member demand outpacing total NIKE Direct revenue growth with all-time highs for female active members during Air Max week.
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel,...
(Read more) top... ecosystem continues to have a significant impact, and we are continuing to invest in the consumer experience in order to take advantage of the consumers' interest and appetite in engaging with our brand in that way. The app actually represents about 40% of our digital business at this point in time, and we are...
(Read more) topAs a result, we expect revenue growth to inflect upwards to a range of high single-digit to low double-digit growth on average with outsized marketplace opportunities in women's, apparel, Jordan, digital and international.
(Read more) topAs sport continues to return, NIKE leads with our unique rich heritage and our deep roster of global superstars and up-and-comers who connect us with consumers everywhere.
(Read more) topAs sport continues to return, NIKE leads with our unique rich heritage and our deep roster of global superstars and up-and-comers who connect us with consumers everywhere.
(Read more) topReferences to constant dollar revenue are intended to provide context as to the performance of the business eliminating foreign exchange fluctuations
(Read more) topThese actions have helped set a strong foundation for sustainable growth and profitability, with business performance now exceeding pre-pandemic levels.. . In the fourth quarter, we delivered over $12 billion of reported revenue, our largest quarter ever
(Read more) topThese actions have helped set a strong foundation for sustainable growth and profitability, with business performance now exceeding pre-pandemic levels.
(Read more) topReferences to constant dollar revenue are intended to provide context as to the performance of the business eliminating foreign exchange fluctuations
(Read more) top... opportunities that we see there and then the momentum that we have with the Jordan Brand, in particular, and the opportunities that we see for that brand both in North America, but in international markets as well.
(Read more) top... momentum that we have with the Jordan Brand, in particular, and the opportunities that we see for that brand both in North America, but in international markets as well.
(Read more) top... and then the momentum that we have with the Jordan Brand, in particular, and the opportunities that we see for that brand both in North America, but in international markets as well.
(Read more) top... the opportunities that we see there and then the momentum that we have with the Jordan Brand, in particular, and the opportunities that we see for that brand both in North America, but in international markets as well.
(Read more) topAnd so what I am referring to there is our women's business and the opportunity we see in front of us, the apparel business and the opportunities that we see there and then the momentum that we have with the Jordan Brand, in particular, and the opportunities that...
(Read more) topOur NIKE Direct business is now approaching 40% of total NIKE Brand revenue. NIKE Digital represents 21% of total NIKE Brand revenue, a milestone we've reached several years ahead of our prior plan
(Read more) top... digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs.
(Read more) top ... reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain one-time benefits in fiscal '21
(Read more) top ... points, reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain one-time benefits in fiscal '21
(Read more) top ... business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain one-time benefits in fiscal '21.
(Read more) top... several quarters now, I've highlighted that the strategic and financial benefit of shifting to a higher mix of business through NIKE Direct led by digital and leveraging enhanced data and analytics capabilities to optimize inventory, drive higher full price realization and lower digital fulfillment costs
(Read more) top ... gross margin to expand 125 to 150 basis points, reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain one-time benefits in fiscal '21
(Read more) top... and the way we invest in innovation to the way we are investing in product creation, to the way that we are now investing in the marketplace through our NIKE Live concepts.
(Read more) top We expect gross margin to expand 125 to 150 basis points, reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain...
(Read more) top We expect gross margin to expand 125 to 150 basis points, reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization,...
(Read more) top We expect gross margin to expand 125 to 150 basis points, reflecting our continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially...
(Read more) topAnd those investments are end-to-end, from specific innovation and the way we invest in innovation to the way we are investing in product creation, to the way that we are now investing in...
(Read more) topThis growth was driven by continued energy for Jordan's most coveted icons, including the AJ1 and AJ11 as well as new product dimensions
(Read more) topWe have been talking about how that shift in mix has enabled us to drive and increase our gross margin expansion versus historical levels of gross margin expansion.
(Read more) topAs a result of all of these, we see our EBIT margin reaching high teens by fiscal '25 with earnings per share growth of mid- to high teens on average over this period.
(Read more) top ... continued shift to a more profitable NIKE Direct business and sustained strong full price realization, partially offset by higher product costs, supply chain investments and the annualization of certain one-time benefits in fiscal '21
(Read more) topAs a result of all of these, we see our EBIT margin reaching high teens by fiscal '25 with earnings per share growth of mid- to high teens on average over this period.
(Read more) topAs we drive towards a more direct business model, we remain committed to create long-term value for our shareholders through serving consumers and sustaining our disciplined financial management
(Read more) topAs we drive towards a more direct business model, we remain committed to create long-term value for our shareholders through serving consumers and sustaining our disciplined financial management