Quick Answer: How Much Does Nike Make A Year?

How much does Nike make a year 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..

How much did Nike make in 2018?

Fiscal 2018 Income Statement Review Revenues for NIKE, Inc. rose 6 percent to $36.4 billion, up 4 percent on a currency-neutral basis. Also, on a currency-neutral basis: Revenues for the NIKE Brand were $34.5 billion, up 5 percent.

Who is Nike’s biggest competitor?

Nike’s competitors. Nike’s top competitors include Anta, lululemon athletica, VF Corporation, Adidas, Reebok, ASICS, FILA, Puma, Under Armour, Skechers and New Balance.

Who is Nike’s biggest customer?

Nike’s target market is largely consumers ages 15–45. Nike has focused its marketing efforts on the digital space in recent years. The company went high-tech with its push into digital sports and e-commerce.

Who is bigger Adidas or Nike?

Adidas is the largest sportswear manufacturer in Europe, and the second largest in the world, just behind Nike, with over 23.6 billion euros in annual revenue and a brand value of approximately 16.5 billion U.S. dollars. Adidas employed 59,533 people worldwide in 2019.

Is Nike still losing money?

Nike lost $790 million during a fourth quarter in which nearly all of its stores were forced to close due to the coronavirus pandemic, the company said in its earnings report Thursday. … Nike posted a loss of 51 cents per share. The company reported a profit of $989 million in the same period one year ago.

Is Nike losing business?

Nike could lose $3.5 billion in Q4 2020 revenue due to the spread of coronavirus, Business of Fashion reports. Investment bank and financial services company Cowen estimates Nike’s revenue will decline 34 percent, with a loss of four cents per share. …

How much did Nike make last year?

Full year revenue rose to $39.1 billion, up 7 percent on a reported basis and up 11 percent on a currency-neutral basis, as strategic investments in innovation and digital drove global consumer demand led by NIKE Direct in both periods.

What is Nike’s revenue?

34.35 billion USDNike/Revenue

Who is the owner of Nike?

JOHN DONAHOE: PRESIDENT & CEO John Donahoe is President & CEO of NIKE, Inc. He will lead the continued growth of the Nike Brand as well as Nike’s global business portfolio, which includes Jordan Brand and Converse Inc. Before joining Nike as CEO in January 2020, John had served on Nike’s Board of Directors since 2014.

How much money is Nike worth?

As of 2020, Nike’s net worth is valued at about $34.8 billion. Its 2020 global brand value is a $2 billion increase from its worth in 2019. The ubiquitous sports company recorded its most profit from footwear sales in 2020.

How much does Nike pay Ronaldo?

Nike Inc.’s (NKE) latest headline deal with soccer superstar Cristiano Ronaldo—a lifetime contract worth $1 billion—is a prime example of these shifting marketing strategies, offering firms greater reach at a lower cost.