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Nike Gross Profit

Gross Profit of Nike Inc. 2011-18

The following table shows the gross profit of Nike from 2011 to 2018. Sums are in million dollars.

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Gross Profit of Nike rose 4% to $15.95 billion dollars in 2018 from $15.3 Billion dollars in 2017.

About Nike:

Nike is an international brand of athletic footwear, sports apparel, accessories and equipment. Its product offerings are focused on six key categories – Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Training and Sportswear. Apart from the Nike and Jordan brands, its wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading U.K. based football/soccer brand).  The number of Nike retail stores has reached 1,182 out of which 392 are located inside US and 790 overseas. Each brand by Nike targets a distinct segment of consumers.

Nike has outsourced most of its production to external suppliers. 124 footwear factories located in 13 countries produced Nike footwear in 2018. None accounted for more than 10% of entire production. Largest factory supplied 9% of Nike Footwear. 328 apparel factories located in 37 countries supplied Nike retail stores in 2018. None accounted for more than 15% of production.

Sources:

Nike Annual Reports

Written by Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.

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