Continued revenue growth in NKE Kids and running categories is expected to drive segment growth in FY 2019. Annual Revenue Growth Comment: Nike Inc 's Annual Revenue for the fiscal year ended 2019, increased by 7.47% to $39,117.00 millions, from $36,397.00 millions achieved a year ago. NIKE annual/quarterly revenue history and growth rate from 2006 to 2020. Nike’s Business Segments Nike continues to see solid revenue and earnings growth, but has been dealing with increased competition from a resurgent Adidas, while also …

Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. Apparel Increased sales under Nike Direct also led to higher unit sales and higher ASP. Cumulative Revenue growth Comment: With the quarterly Revenue reported in the Feb 29 2020 period, Nike Inc 's cumulative twelve months Revenue were $ 41,274 millions, company would post below average annual Revenue growth of -6.6% year on year, if the fiscal year would end at Feb 29 2020. Sales at Nike Inc. jumped 7% in the latest quarter, boosted by large sales gains in China and showing the region’s strength as a growth driver despite trade tensions with the U.S.

Nike said revenues from its direct-to-consumer division amounted to $11.8 billion in fiscal 2019, fueled by a 35% jump in online sales and same-store sales growth of 6%.

Nike Inc 's growrh rate for Sales improved from 5.96 % increase in the fiscal year 2018. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services.

In Q2 of FY 2020, Nike posted year-over-year revenue growth of 8.6% for the six-month period ended November 30 as net income grew by 28.0%. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. A slow-down in the Nike Inc 's Revenue growth from the 10326% growth in Nov 30 2019.