The company said full-year 2024 revenue rose to $51.4 billion from $51.2 billion a year earlier, up 1% on a currency-neutral basis. Fourth-quarter revenue was $12.6 billion, down 2% on a reported basis and flat on a currency-neutral basis.

1. 01

   The company said full-year 2024 revenue rose to $51.4 billion from $51.2 billion a year earlier, up 1% on a currency-neutral basis. Fourth-quarter revenue was $12.6 billion, down 2% on a reported basis and flat on a currency-neutral basis.

2. 02

   NIKE said fourth-quarter NIKE Direct revenue for Q4 fell 8% on a reported basis to $5.1 billion, while Wholesale revenue rose 5% on a reported basis to $7.1 billion. Converse revenue fell 18% on a reported basis to $480 million.

3. 03

   The company said gross margin for Q4 rose 110 basis points to 44.7%, and net income rose 45% to $1.5 billion. Diluted earnings per share for Q4 were $0.99, or $1.01 excluding restructuring charges.

4. 04

   The company said it returned about $6.4 billion to shareholders in fiscal 2024, including dividends of $2.2 billion and share repurchases of $4.3 billion (41.4 million shares retired). As of May 31, 2024, it had repurchased 84.9 million shares under the current program for about $9.1 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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