nike annual report 2016

Operating overhead expense increased 7 percent to $1.9 billion, reflecting continued growth in the Direct-to-Consumer (DTC) business, and targeted investments in operational infrastructure and consumer-focused digital capabilities. In addition, the Free Run Motion delivers our most natural ride yet, with a new outsole design that expands in multiple directions when the foot strikes the ground. Mobile innovation and personal services are dominating the landscape. These investments represent a fundamental shift in how we do business. 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. 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. Selling and administrative expense increased 7 percent to $2.8 billion. But most of all, he taught us to love sport. And to focus on the audiences with the biggest potential, we are making bold investments in our women’s and young athletes offenses. The Lunar Epic creates a unique sensation, featuring a mid-height, stretch Flyknit collar. In connection with the adoption, the Company’s balance sheet as of … athletes’ high-performance products. Mo Farah Mo Farah, one of the most successful distance runners of all time, clocked impressive wins at the 2016 Prefontaine Classic and the Birmingham Diamond League meet as he prepares to defend his two Olympic gold medals in Rio. As of the end of fiscal 2016, a total of 20.1 million shares had been repurchased under this program for approximately $1.2 billion, at an average cost of $59.21 per share. Demand creation expense was $3.3 billion, up 2 percent, reflecting investments in DTC marketing, brand events and sports marketing, which were partially offset by lower advertising expense. Nike delivers innovative products, experiences and services to inspire athletes. 2016 Annual Report Wal-Mart Stores, Inc. (NYSE: WMT) 702 S.W. For the year, the Company estimates the year-over-year change in foreign currency-related gains and losses included in other income, net, combined with the impact of changes in currency exchange rates on the translation of foreign currency-denominated profits, decreased pretax income by approximately $423 million. We did it by staying true to the formula that got us here: a relentless innovation mindset and partnerships with the world’s greatest athletes. His entrepreneurial drive is, and always will be, part of our DNA. 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. Other income, net was $58 million, primarily comprised of net foreign currency exchange gains. Diluted … NIKE Sportswear Led by successes such as Tech Fleece, NIKE delivers sports style innovation – redefining the look of It means expanding the core pillars of our business – Running and Basketball – with a relentless flow of innovation. Kobe Bryant We said goodbye to one of the game’s fiercest competitors who will continue to inspire players and fans all over the world. The Timken Company Investor Relations Website – Investors' source for Timken Company latest financial updates Notify me of new financial documents posted to this site. Our innovations are built with the insights of elite athletes. With HP Inc., we’re testing 3D printers that will deliver customized product, with less waste. 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. On a currency neutral basis, NIKE Brand revenue growth was driven by robust growth in every geography as well as most key categories including Sportswear, Running and the Jordan Brand. It covers the calendar year from 1 January 2016 to 31 December 2016. We build deep, personal connections with consumers. Heading into fiscal 2017, we see incredible opportunities for growth – and we have a bold plan to seize them. The Perfect Excuse To Stay In Lounge-ready layers, plus more of this season's top picks. These risks and uncertainties are detailed from time to time in reports filed by NIKE with the Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q, and 10-K. Nike.com grew 51% as we expanded our reach in an additional 20 countries in fiscal 2016 – and now is present in more than 40 countries worldwide. Best of all, it works seamlessly with the rest of the NIKE digital universe – Nike+ Run Club, Nike+ Training Club, Nike.com and NIKEiD.com – to create a single home for your entire athletic life. Some forward-looking statements in this release concern changes in futures orders that are not necessarily indicative of changes in total revenues for subsequent periods due to the mix of futures, “at once” and closeout orders, exchange rate fluctuations, order cancellations, discounts and returns, which may vary significantly from quarter to quarter, and because a portion of the business does not report futures orders. Annual Report 2016 Shareholder Letter. At the same time, global companies like NIKE are faced with foreign currency pressures and the realities of geopolitical volatility. We create innovative, must-have products. Strong global demand fueled revenue increases across nearly all geographies in fiscal 2016, while robust … We boosted our digital presence, evolved our supply chain, and harnessed sustainable innovation to enhance our efficiency. Gross margin declined 30 basis points to 45.9 percent as higher average selling prices were more than offset by higher product costs, the negative impact of clearing excess inventory in North America and unfavorable changes in foreign currency exchange rates. It offers the best of NIKE at your fingertips, from a personal store to customized on-demand coaching. The Categories delivered strong results. Find the latest Earnings Report Date for Nike, Inc. Common Stock (NKE) at Nasdaq.com. In this time of relentless change, the state of play for NIKE has never been more dynamic. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.NIKE.com and individuals can follow @NIKE. NIKE, Inc. External Annual Report 2019 Investors Financial Calendar Investors Annual General Meeting On this page we provide all information and documents relating to the Annual General Meeting from 2008 onwards. Find the latest Financials data for Nike, Inc. Common Stock (NKE) at Nasdaq.com. Strong consumer demand drove revenue growth across the NIKE … Nike annual report 2016 This is the first time that I report on the development of Nike. Tesla’s mission is to accelerate the world’s transition to sustainable energy. Long-term growth is about more than what we make – it’s how we bring it to life in the marketplace. 2016. 0. The conference call will be broadcast live over the Internet and can be accessed at http://investors.nike.com. We also debuted the new Mercurial Superfly V, featuring NIKE Anti-Clog technology – a mud-repelling polymer that provides premium traction, no matter the conditions on the pitch. 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. LeBron James In ending Cleveland’s 52-year drought without a major sport championship, LeBron cemented his status as one of the game’s greatest icons. It starts by taking a global approach. Proxy → PDF. Net income decreased 2 percent to $846 million as revenue growth was more than offset by lower gross margin, higher selling and administrative expense and a higher tax rate, while diluted earnings per share remained unchanged from the prior year at $0.49 reflecting a 2 percent decline in the weighted average diluted common shares outstanding. 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. Nike, Inc. Letter to Shareholders → PDF. To make them happen, we know it’s going to take creativity, passion and leadership from everyone on the NIKE team. NIKE, Inc. adopted Accounting Standards Update No. You can search for our annual reports and proxy statements by year. Other income, net was $140 million for the fiscal year, mainly comprised of net foreign currency exchange gains. Creative Fields. Demand creation expense was $873 million, up 7 percent, reflecting investments in digital demand creation, sports marketing and brand events which were partially offset by lower advertising expense. * The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. The 2016 Annual Report begins with a message from the WTO Director-General and an overview of the past year. As of May 31, 2016, the NIKE Brand had 919 DTC stores in operation as compared to 832 a year ago. 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 . (Annual GAAP In millions $) (May 31 2020) 2020 (May 31 2019) 2019 (May 31 2018) 2018 (May 31 2017) 2017 (May 31 2016) 2016 Revenue From Contract With … Selling and administrative expense grew 6 percent to $10.5 billion. Running grew 10%, Jordan Brand grew 21%, and sport style innovation fueled 22% growth in NIKE Sportswear. Select Financials; Shareholder Info; 10-K → PDF. This is the nineteenth annual report of the Nike Pension Fund. But, either way, it makes us all feel something deeply powerful. Worldwide futures orders up 9 percent; 17 percent growth excluding currency changes. Ten years of annual and quarterly financial statements and annual report data for NIKE (NKE). And the feather-light Air VaporMax is an engineering achievement, representing the purest air cushioning ever created. With Flex, we’re driving the modernization of footwear manufacturing across our supply chain. NIKE, INC. 2016 Annual Report and Notice of Annual Meeting 77 FORM 10-K. PART II By geography, futures orders growth was as follows: Reported Futures … Mark Parker Nike Inc.’s property, plant and equipment, net increased from 2018 to 2019 and from 2019 to 2020. 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 . For the quarter, the Company estimates the year-over-year change in foreign currency-related gains and losses included in other income, net, combined with the impact of changes in exchange rates on the translation of foreign currency-denominated profits, decreased pretax income by approximately $66 million. NIKE, INC. 2016 Annual Report and Notice of Annual Meeting 119 FORM 10-K PART II All changes in fair value of derivatives designated as cash flow hedges, excluding any ineffective portion, are recorded in Accumulated other comprehensive income until Net income is affected by the variability of cash flows of the hedged transaction. We have ambitious business targets for the future. Nike Inc. Cl B annual balance sheet for NKE company financials. To put that principle into practice, we continue to invest in digital platforms that fuel authentic connections with consumers. The Men’s, Women’s, and Young Athletes businesses all grew double-digits – headlined by Women’s growing 17%, and continuing to outperform. Despite challenging macro business dynamics, we continued to drive robust growth across the globe. LeBron James and Kyrie Irving made history by leading the Cleveland Cavaliers back from an unprecedented 3-1 deficit in the Finals to win the NBA title. As he evolves into his next role within NIKE, Phil remains the voice that inspires us all. Revenues up 5 percent to $8.4 billion ; 14 percent growth excluding currency changes Diluted earnings per share up 23 percent to $1.34 Worldwide futures orders up 9 percent; 17 percent growth excluding currency changes Inventories as of August 31, 2015 up 10 percent NIKE, Inc. (NYSE:NKE) today reported financial results for its first quarter ended August 31, 2015 . Income statements, balance sheets, cash flow statements and key ratios. Nike.com grew 51% as we expanded our reach in an additional 20 countries in fiscal 2016 – and now is present in more than 40 countries worldwide. Diluted earnings per share up 23 percent to $1.34. 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. 2020 Annual Report. We’re grateful that his transcendent leadership has taken NIKE this far. Nike Annual Report 2016. Nike, Inc. Letter to Shareholders → PDF. Nike, Inc. is a Growth Company. Social Compliance Against Modern Slavery and Human Trafficking Community Engagement COVID-19 and our They are running a broken year so this 2016 annual report is already half a year old but as you know I do not invest from quarter to quarter so it does not really matter that much. 2016 Annual Report Explore the key stories of the past year and find out what’s in store for the year ahead. 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. This is followed by more in-depth accounts of the WTO’s areas of activity over the past 12 months. 2016.2 2016年2月期(連結) (単位:百万円) 2015.2 前年比 営業総収入 +17.2% 497,913 営業利益 +2.9% 70,482 当期純利益 -4.0% 32,686 583,452 72,541 31,381 1000日全員実行プロジェクト マチの暮らしにとって、なくては NIKE, Inc. was incorporated in 1967 under the laws of the State of Oregon. These seismic shifts demand all of our ingenuity – but also create tremendous opportunity for NIKE. The Men’s, Women’s, and Young Athletes businesses all grew double-digits – headlined by Women’s growing 17%, and continuing to outperform. 1.1k. Chairman, Chief Executive Officer and President 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. 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. He reminded us every day what it meant to be rebellious, in a positive way. NIKE, Inc. (NYSE:NKE) today reported financial results for its first quarter ended August 31, 2015. Flyknit Sustainable innovation is a mindset – helping us maximize style and performance, while minimizing environmental impact. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 third quarter ended February 29, 2016. More than ever before, we’ll unleash the power of the Jordan Brand across multiple categories. Nike+ represents our conviction that technology is at its most powerful when it serves people. Through the app, consumers will receive targeted offers, share their progress on social media, and earn invitations to exclusive in-person events. We’ve advanced our mission to empower every person and every organization on the planet to achieve more. The Categories delivered strong results. And we deliver an integrated … Published: May 10th 2016. Nowhere is that shift more clear than in the new Nike+ app, the all-access pass to your potential. Get the detailed quarterly/annual income statement for Nike, Inc. (NKE). At NIKE, we believe in the power of sustainable innovation to help us get faster and more efficient. Just recently, we also made an important announcement about the founder who created the roadmap for this great company. NIKE’s success underscores our ability to drive both profitable growth and significant shareholder value. Across NIKE, we are driving our Manufacturing Revolution, a series of investments that are transforming how our products are made. Governance. NIKE has never had so much opportunity before us. The information on NIKE, Inc’s investors website, inclusive of presentations, earnings call transcripts, and all other information presented, may contain forward-looking statements, estimates or projections based on expectations as of the original date of those materials. Income statements, balance sheets, cash flow statements and key ratios. This year, we managed uncertainty in the near-term and targeted our investments to accelerate growth for years to come. It is grounded in a single, moonshot question: “How can we double our business, while halving our environmental impact?” This year, we took landmark steps towards answering this call to action. It all adds up to a glimpse of what’s to come: innovation that is tailored to the individual needs of every athlete, everywhere. To achieve that, we need all parts of our value chain to understand and deliver on our goals—from our leaders to product designers, to the employees in our stores, and workers in contracted factories who make our products. National Institute for Health and Care Excellence: annual report and accounts 2016/17 (web version) Ref: ISBN 9781474142304 , HC 63 2017-18 PDF , 772KB , 66 pages Order a copy NIKE, Inc. (NYSE:NKE) today reported financial results for its first quarter ended August 31, 2015. As a company founded by a runner and his coach, we built on our legacy of excellence in running with an array of high-performance shoes. Proxy → PDF. They are running a broken year so this 2016 annual report is already half a year old but as you know I do not invest from quarter to quarter so it does not really matter that much. NIKE, Inc. Reports Fiscal 2016 First Quarter Results. 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. Together, these products represent a fundamental shift in how we serve athletes. In doing so, we not only accelerated our mission of serving the athlete – but also envisioned the future of sport. Building off a strong fiscal 2016, I’m incredibly excited about what’s in store for fiscal 2017 and beyond. Strong consumer demand drove revenue growth across the NIKE Brand portfolio. 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. 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. 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 … 12. Powered by our extraordinary team, innovative mindset, and global brand leadership, I’ve never been more confident in the future NIKE is creating. This year, we also celebrated the release of the Air Jordan 30 – representing the Jordan Brand’s timeless lineage, with an eye towards the future. Revenues for the NIKE Brand were $30.5 billion, up 13 percent excluding the impact of changes in foreign currency. Select Financials; Shareholder Info; 10-K → PDF. Revenues for NIKE, Inc. rose 6 percent to $8.2 billion, up 9 percent on a currency-neutral basis. Futures Orders. It’s a great time to be in sports, and the NIKE Brand has never been stronger. As of May 31, 2016, worldwide futures orders for NIKE Brand athletic footwear and apparel scheduled for delivery from June through November 2016 totaled $14.9 billion, 8 percent higher than orders reported for the same period last year, and 11 percent higher on a currency neutral basis.*. Diluted earnings per share increased 17 percent to $2.16, reflecting growth in net income and the additional benefit of a decline in the weighted average diluted common shares outstanding. Five of our six geographies grew by double-digits – Greater China grew 27%, Western Europe was up 14% and North America, our largest geography, continued to deliver strong results, growing 8%. Gross Margin expanded 20 basis points, to 46.2%, Diluted earnings per share increased 17% to $2.16, Return on Invested Capital increased to 29.7%. NIKE is a Growth Company. And with the Ellen MacArthur Foundation, we’re exploring new business models that keep materials in play through re-use and regeneration. We’re partnering with innovators who help us accelerate systemic change at scale. We developed promising technologies, formed groundbreaking partnerships, and grew our global footprint. To stay aggressive, but play fair. Nike aims to be a brand with purpose that moves the world forward. Phil leaves a giant footprint on the world. Find PUMA's fastest annual report and our annual reports back to 1998 as well as statements about our quarterly results. To care about people and remain loyal to your relationships. Inventories for NIKE, Inc. were $4.8 billion, up 12 percent from May 31, 2015, driven by a 6 percent increase in NIKE Brand wholesale unit inventories, increases in average product cost per unit, and growth in our DTC business, partially offset by changes in the value of inventories due to foreign currency exchange rates. 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 for the NIKE Brand were $7.7 billion, up 8 percent on a currency-neutral basis driven by double-digit growth in Western Europe, Greater China, Emerging Markets and Japan, including strong growth in Sportswear, Global Football and the Jordan Brand. Headlining the event was the HyperAdapt 1.0, the most adaptive footwear ever created. Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, distributes and licenses casual sneakers, apparel and accessories; and Hurley, which designs and distributes a line of action sports and youth lifestyle apparel and accessories. NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 second quarter, ended November 30, 2015. That’s why we invest in integrating digital and physical retail seamlessly, giving our consumers better access to the products they want. NIKE is ushering in the era of personalized performance – allowing us to serve the consumer completely, on and off the field. To commemorate Kobe Bryant’s decades of dominance, we created the Kobe 11 with an advanced version of Flyknit technology for lightweight and superior strength. Fueled by our unrivaled roster of athletes, fiscal 2017’s calendar of sport moments promises to build on our business momentum and inspire consumers.”*. The storyline of LeBron bringing a championship back to his hometown Cleveland will go down as one of the greatest in recent memory. Gross margin expanded 20 basis points to 46.2 percent primarily driven by higher average selling prices and growth in the higher margin DTC business which were partially offset by higher product costs, the negative impact of foreign currency exchange rates, and the impact from clearing excess inventory in North America. 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. 2016. Ahead of the Summer Games in Rio, we unveiled breakthrough products that will elevate the performance of the world’s best athletes, on the biggest stage in sports. /investors/news-events-and-reports/sec-filings/sec-filings-details/default.aspx?FilingId=8053597 They include Aero Blades, a never-before-seen aerodynamic technology that reduces wind resistance for all runners – from sprinters to marathoners. 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. 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. 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. 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 athletes’ performance, while minimizing our environmental impact. The effective tax rate was 18.7 percent, compared to 22.2 percent in the prior year, primarily due to an increase in the proportion of earnings from operations outside of the United States, which are generally subject to a lower tax rate. Apart from his brilliant business mind, Phil’s greatest gifts to our culture are his infectious attitude, competitive spirit and obsession with serving the athlete. Summary Annual Report Financial Report 2019 Annual Report SEC Filings Meet the Board Read More What We Do Perfect Customer Experience Power Public … And for gold-medal-winning sprinter Allyson Felix, we harnessed generative design and 3D printing to create a Flyknit track spike that’s mapped to the contours of her foot—offering superior fit, strength, and flexibility. Since 2004 our annual dividend rate has increased demonstrating the strength of our business and commitment to increasing shareholder value for our stockholders. Inditex’s 2016 Annual Report has been verified by SGS ICS Ibérica, S.A., in accordance with ISO 19011 and in line with the principles established in the standards of the Global Reporting Initiative (GRI), the principles established in Filter By All Annual Reports Proxies Year All 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 And it’s why we work closely with our best wholesale partners to transform the consumer experience. "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. 2016-02 Leases (Topic 842) in the first quarter. 2016 Nike Annual Report. Revenues for Converse were $513 million, up 18 percent on a currency-neutral basis, mainly driven by a major system go-live that accelerated orders from the fourth quarter to the third quarter in the prior year. Diluted earnings per share for the quarter were $0.49 as international momentum and a lower average share count were offset by a higher tax rate; a gross margin decline partially due to the clearance of excess inventory in North America; and higher selling and administrative expense. In March in New York City, we debuted an unprecedented wave of innovation. Branding, Editorial Design, Nowhere is that more clear than in basketball, where our products are helping the world’s best raise their game. Find out the revenue, expenses and profit or loss over the last fiscal year. We will continue to deliver on our potential across our biggest markets in North America and Western Europe. 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. Revenue Performance; EPS Performance; Return On … 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. 8th Street Bentonville, Arkansas 72716 USA 479-273-4000 walmart.com 16 AL ORT t +107%107% growth in … Revenues up 5 percent to $8.4 billion; 14 percent growth excluding currency changes. To remember that, at NIKE, we work in an industry that brings joy and breaks hearts. Revenues for NIKE, Inc. rose 6 percent to $32.4 billion, up 12 percent on a currency-neutral basis. For Nike, FY20 was a year that proved the power of our competitive advantages – and the opportunity we have to accelerate them. When they talk about building a company in a man’s image, that’s NIKE and Phil Knight. As the global leader, NIKE is driving the new reality of retail for athletes around the world. 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. Nike annual report 2016 This is the first time that I report on the development of Nike. With consumers championship, LeBron cemented his status as one of the greatest recent! Do great things. ” that’s a mission we will continue to invest in integrating digital and physical seamlessly. Continuing to outperform 15 percent to $ 8.4 billion ; 14 nike annual report 2016 growth currency... 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