Net Income of Nike Inc 1992-2018
The following table shows the net income of Nike Inc from 1992 to 2018 in million dollars.
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In 2018, the Net income of Nike Inc. fell to 1,933 million dollars from 4,240 million dollars the past year. This was mainly due to the impact of the Tax Act which offset the strong revenue growth for the year. There was a total decline of 54% in the Net Income as compared to the last year.
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 1182 out of which 392 are located inside US and 790 overseas. Each brand by Nike targets a distinct segment of consumers.
Nike Annual Reports