Nike: a turnover of $46.71bn (+4.8%) from June 2021 to May 2022 and a net profit of $6bn (+5.5%)

The Nike group posted a turnover of $46.71bn (€43.3bn) for the financial year 2022 (from 01/06/2021 to 31/05/2022), up by 4.8% (-1%, on a currency-neutral basis) compared to 2021 ($44.5bn/€36.5bn), announced the American equipment manufacturer on 27/06/2022.

The Nike brand accounted for 95.1% of the group's revenues in 2022 ($44.4bn/€41.2bn), with the Converse brand contributing the rest ($2.3bn/€2.1bn, +6.4% YoY). Jordan Brand for its part accounted for $5.1bn (€4.7bn, +7.1%), or 14.1% of the total wholesale of Nike products ($36.1bn/€33.5bn; +1%).

The group's net profit amounted to $6bn (€5.6bn) on 31/05/2022, an increase (+5.5%) over 12 months (2020: $5.7bn/€4.6bn). The gross margin was also up (+7.6%) to $21.4bn (€19.9bn).