How much money did Nike make in 2010?

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(June 23, 2010) – NIKE, Inc. (NYSE:NKE) today reported financial results for its 2010 fiscal fourth quarter and full year ended May 31, 2010. Fourth quarter revenues increased 8 percent to $5.1 billion from $4.7 billion for the same period last year.

Keeping this in consideration, how much money did Nike make in 2009?

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NIKE Annual Revenue (Millions of US $)
2012 $23,331
2011 $20,117
2010 $19,014
2009 $19,176

Secondly, how much money has Nike made since it started? In 2019, Nike's global revenue amounted to about 39.1 billion U.S. dollars. Nike, Inc., founded in January 1964, is a sportswear and equipment supplier based in the United States.

Thereof, how much money did Nike make in 2019?

Nike reported revenue of $10.2 billion in Q4 2019, marking a growth of 4% over $9.8 billion in Q4 2018. For the full year, revenue came in at $39.1 billion in FY 2019, which was 7.5% higher on year-on-year basis.

What is Nike's revenue?

34.35 billion USD

38 Related Question Answers Found

Is Nike a trillion dollar company?

In 2020, the Nike brand was valued at approximately 34.8 billion U.S. dollars, which was an increase of over two billion U.S. dollars from 2019.

Brand value of the sports company Nike worldwide from 2016 to 2020 (in million U.S. dollars)
Brand value in million U.S. dollars
2019 32,421
2018 28,030
2017 31,762
2016 28,041

Who is Nike's biggest competitor?

Nike's competitors. Nike's top competitors include Steve Madden, Under Armour, Adidas, Reebok, Puma, Skechers, Allbirds, New Balance, Rothy's, FILA and ASICS. Nike designs, develops and markets footwear, apparel, equipment, and accessory products.

What industry is Nike?

Nike, Inc.
Nike's Swoosh logo, shaped like a "tick"
Nike World Headquarters in Beaverton, Oregon
Industry Apparel Accessories Sports equipment
Founded January 25, 1964
Founders Bill Bowerman Phil Knight

Is Nike ethical?

A few years ago, Business of Fashion reported that Nike has successfully transformed its tarnished image to become a “recognized sustainability leader,” with Morgan Stanley ranking Nike “the most sustainable apparel and footwear company in North America for environmental and social performance, including its labor

Is Nike a multi billion dollar company?

Nike - Statistics & Facts. Nike, Inc. is an American multinational corporation which is the world's largest supplier and manufacturer of athletic shoes, apparel and other sports equipment. As of 2018, Nike was the most valuable global apparel brand, with a brand value of 28 billion U.S. dollars.

What is the gross profit?

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales).

Why is Nike successful?

Nike is good at a lot of things: manufacturing quality shoes; supplying equipment and gear for many professional and collegiate athletic teams; and making a ton of money. But where the company truly excels is its marketing. Nobody does branding quite like Nike.

How much is Nike worth 2019?

Nike's Worth
10, 2019, equals $116.25 billion.

Is Nike still losing money?

Nike reported net income of $1.1 billion, or 68 cents a share, compared with a net loss of $921 million, or a loss of 57 cents per share, a year ago.

Are Nike sales declining?

Sales in North America, Nike's largest market, grew 7% to $3.81 billion in the third quarter, reversing a 6% decline in the year-ago quarter. However, sales in the region were below the $3.85 billion expected by analysts ahead of results.

Is Nike's sale down?

The home market dogged Nike for much of 2017 and early 2018, and the latest sales miss sent the shares down as much as 4.3 percent Friday in New York. That's the stock's largest drop since Christmas Eve. Third-quarter sales in Nike's home market, by far its biggest, totaled $3.81 billion in the period ended Feb.

Who is the owner of Nike?

Phil Knight, founder of shoe giant Nike, retired as chairman in June 2016 after 52 years at the company. Knight ran track at the University of Oregon and created Nike shoes with his former track coach, Bill Bowerman. In 1964, they each put up $500 to start a company then called Blue Ribbon Sports.

What is Nike's fiscal year?

New $15 Billion Share Repurchase Program Announced
BEAVERTON, Ore., June 28, 2018 - NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2018 fourth quarter and full year ended May 31, 2018.

Is Nike growing?

Nike's revenues have maintained healthy year-on-year growth through the recent quarters, through innovation and a focus on the direct-to-consumer business. Trefis estimates NKE's revenues to increase by close to 7.5% to $39.1 billion in FY 2019.

What does Nike stand for?

Nike. In Greek mythology, Nike is the Winged Goddess of Victory. The logo is derived from goddess' wing,'swoosh', which symbolises the sound of speed, movement, power and motivation.

Why is Nike stock up?

Simply put, it's all about supply and demand. When demand is higher than supply, the stock rises. When demand is lower than supply, stocks fall. For 2019, Nike has seen big demand, causing the stock to rise steadily.

Why is Nike so popular?

By offering more products to more people, in more markets than any other sports company, they are able to capture a far greater market share of the market than any other company. It is noted that Nike owns 48% of the athletic footwear market in the United States. Specifically for the basketball footwear.