10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NIKE, INC. | |||
Ticker: NKE Fiscal Year: 2023 | |||
Consolidated Statements of Income | |||
Period Ending May 31, 2023 10-K (Filed: July 20, 2023) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2023 | May 31, 2022 | May 31, 2021 | |
| Revenues | $ 51,217 | 46,710 | 44,538 |
| Cost of sales | 28,925 | 25,231 | 24,576 |
| Gross profit | 22,292 | 21,479 | 19,962 |
| Demand creation expense | 4,060 | 3,850 | 3,114 |
| Operating overhead expense | 12,317 | 10,954 | 9,911 |
| Total selling and administrative expense | 16,377 | 14,804 | 13,025 |
| Interest expense (income), net | (6) | 205 | 262 |
| Other (income) expense, net | (280) | (181) | 14 |
| Income before income taxes | 6,201 | 6,651 | 6,661 |
| Income tax expense | 1,131 | 605 | 934 |
| NET INCOME | 5,070 | 6,046 | 5,727 |
| Earnings per common share: | |||
| Basic (in dollars per share) | 3.27 | 3.83 | 3.64 |
| Diluted (in dollars per share) | 3.23 | 3.75 | 3.56 |
| Weighted average common shares outstanding: | |||
| Basic (in shares) | 1,551,600 | 1,578,800 | 1,573,000 |
| Diluted (in shares) | 1,569,800 | 1,610,800 | 1,609,400 |
| External Links | |
| NIKE, INC. (NKE) Fiscal Year 2023 | |