NIKE, Inc. - FORM 8-K - EX-99.2 - EXHIBIT 99.2

Attached files

file	filename
EX-99.4 - EXHIBIT 99.4 - NIKE, Inc.	exhibit994-earningsbeforei.htm
EX-99.3 - EXHIBIT 99.3 - NIKE, Inc.	exhibit993-supplementalnik.htm
EX-99.1 - EXHIBIT 99.1 - NIKE, Inc.	exhibit991-pressrelease.htm
8-K - 8-K - NIKE, Inc.	form8k.htm



NIKE, Inc.
DIVISIONAL REVENUES¹
(Unaudited)
						% Change		% Change Excluding Currency Changes²							% Change		% Change Excluding Currency Changes²							% Change		% Change Excluding Currency Changes²							% Change		% Change Excluding Currency Changes²							% Change		% Change Excluding Currency Changes²

	1st Quarter									2nd Quarter									3rd Quarter									4th Quarter									Full Year
(Dollars in millions)	2017		2016							2017		2016							2017		2016							2017			2016						2017		2016
North America
Footwear	$	2,518	$	2,366		6	%	7	%	$	2,219	$	2,162		3	%	3	%	$	2,490	$	2,404		4	%	3	%	$	2,457		$	2,367	4	%	4	%	$	9,684	$	9,299		4	%	4	%
Apparel	1,317		1,247			6	%	6	%	1,273		1,221			4	%	4	%	1,154		1,115			3	%	3	%	1,142			1,163		-2	%	-2	%	4,886		4,746			3	%	3	%
Equipment	196		186			5	%	5	%	158		164			-4	%	-3	%	138		164			-16	%	-16	%	154			205		-25	%	-25	%	646		719			-10	%	-10	%
Total	4,031		3,799			6	%	6	%	3,650		3,547			3	%	3	%	3,782		3,683			3	%	3	%	3,753			3,735		0	%	1	%	15,216		14,764			3	%	3	%
Europe, Middle East & Africa
Footwear	1,457		1,409			3	%	7	%	1,116		1,086			3	%	7	%	1,271		1,257			1	%	6	%	1,348			1,291		4	%	11	%	5,192		5,043			3	%	8	%
Apparel	684		583			17	%	22	%	588		534			10	%	16	%	566		507			12	%	17	%	557			525		6	%	12	%	2,395		2,149			11	%	17	%
Equipment	121		112			8	%	12	%	88		87			1	%	7	%	88		89			-1	%	4	%	86			88		-2	%	3	%	383		376			2	%	7	%
Total	2,262		2,104			8	%	11	%	1,792		1,707			5	%	10	%	1,925		1,853			4	%	9	%	1,991			1,904		5	%	11	%	7,970		7,568			5	%	10	%
Greater China
Footwear	710		599			19	%	25	%	669		600			12	%	16	%	776		719			8	%	14	%	765			681		12	%	18	%	2,920		2,599			12	%	18	%
Apparel	269		246			9	%	15	%	355		306			16	%	21	%	271		235			15	%	22	%	293			268		9	%	14	%	1,188		1,055			13	%	18	%
Equipment	41		41			0	%	4	%	31		32			-3	%	3	%	28		28			0	%	7	%	29			30		-3	%	-3	%	129		131			-2	%	3	%
Total	1,020		886			15	%	21	%	1,055		938			12	%	17	%	1,075		982			9	%	15	%	1,087			979		11	%	16	%	4,237		3,785			12	%	17	%
Asia Pacific & Latin America
Footwear	787		749			5	%	13	%	818		744			10	%	14	%	777		694			12	%	15	%	903			743		22	%	20	%	3,285		2,930			12	%	16	%
Apparel	279		265			5	%	15	%	319		301			6	%	7	%	278		267			4	%	8	%	309			284		9	%	8	%	1,185		1,117			6	%	9	%
Equipment	65		69			-6	%	-4	%	69		62			11	%	11	%	67		71			-6	%	-6	%	66			68		-3	%	-3	%	267		270			-1	%	-1	%
Total	1,131		1,083			4	%	12	%	1,206		1,107			9	%	11	%	1,122		1,032			9	%	11	%	1,278			1,095		17	%	15	%	4,737		4,317			10	%	13	%
Global Brand Divisions³	15		26			-42	%	-30	%	21		18			17	%	17	%	19		17			12	%	12	%	18			12		50	%	68	%	73		73			0	%	2	%
TOTAL NIKE BRAND	8,459		7,898			7	%	10	%	7,724		7,317			6	%	8	%	7,923		7,567			5	%	7	%	8,127			7,725		5	%	7	%	32,233		30,507			6	%	8	%
Converse	574		555			3	%	4	%	416		398			5	%	5	%	498		489			2	%	3	%	554			513		8	%	10	%	2,042		1,955			4	%	6	%
Corporate⁴	28		(39		)	—		—		40		(29		)	—		—		11		(24		)	—		—		(4		)	6		—		—		75		(86		)	—		—
TOTAL NIKE, INC. REVENUES	$	9,061	$	8,414		8	%	10	%	$	8,180	$	7,686		6	%	8	%	$	8,432	$	8,032		5	%	7	%	$	8,677		$	8,244	5	%	7	%	$	34,350	$	32,376		6	%	8	%

TOTAL NIKE BRAND
Footwear	$	5,472	$	5,123		7	%	10	%	$	4,822	$	4,592		5	%	7	%	$	5,314	$	5,074		5	%	7	%	$	5,473		$	5,082	8	%	10	%	$	21,081	$	19,871		6	%	8	%
Apparel	2,549		2,341			9	%	12	%	2,535		2,362			7	%	9	%	2,269		2,124			7	%	9	%	2,301			2,240		3	%	4	%	9,654		9,067			6	%	9	%
Equipment	423		408			4	%	6	%	346		345			0	%	2	%	321		352			-9	%	-7	%	335			391		-14	%	-14	%	1,425		1,496			-5	%	-3	%
Global Brand Divisions³	15		26			-42	%	-30	%	21		18			17	%	17	%	19		17			12	%	12	%	18			12		50	%	68	%	73		73			0	%	2	%
TOTAL NIKE BRAND REVENUES	$	8,459	$	7,898		7	%	10	%	$	7,724	$	7,317		6	%	8	%	$	7,923	$	7,567		5	%	7	%	$	8,127		$	7,725	5	%	7	%	$	32,233	$	30,507		6	%	8	%
¹ Certain prior year amounts have been recast to conform to fiscal 2018 presentation. This includes recast operating segment data to reflect the changes in the Company's operating structure, which became effective June 1, 2017. These changes had no impact on previously reported consolidated results of operations or shareholders' equity.
² The percentage change has been calculated using actual exchange rates in use during the comparative prior year period to enhance the visibility of the underlying business trends by excluding the impact of translation arising from foreign currency exchange rate fluctuations, which is considered a non-GAAP financial measure.
³ Global Brand Divisions revenues are primarily attributable to NIKE Brand licensing businesses that are not part of a geographic operating segment.
⁴ Corporate revenues primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse but managed through our central foreign exchange risk management program.

Attached files

Stock widget

Investing forum

NIKE, Inc. Reports

NIKE, Inc. - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - September 25, 2017

Attached files

Stock widget

Investing forum

NIKE, Inc. Reports