$2.1 billion: Jordan's net worth rose $300 million over the past year, thanks to an increased value for the Hornets and $145 million in endorsement earnings. Another risk I see in investing in Nike is the intense competition the company faces. Nike's Jordan Brand revenue was up 31% for the fiscal year ended May 31 to $4.7 billion, beating their five-year plan of $4.5 billion. How Cisco helps connect and protect the league during the NFL Draft. This intense competition, especially with Adidas and Under Armor, could result in a negative impact on Nike's profit margin. Jordan is one of the most influential brands within Nike. The Jordan Brand had revenue of $3.1 billion in the fiscal year ending May 2019only 8% of company revenue but likely represents a larger chunk of the market value because its 10% growth. Jordan Brand revenue hit $4.8 billion in 2021, up 31% from the previous year's $3.6 billion. Jordan is one of the most influential brands within Nike. The Jordan brand's total revenue in 2021 was reportedly over $4.8 billion. Please disable your ad-blocker and refresh. 13.17%. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. According to the magazine, it was the richest endorsement deal ever made and helped the company to convert itself into one of the most valuable consumer brands in the world. Corporation (VFC), it can be highlighted that Nike's EBIT margin of 15.40% is only below Lululemon Athletica (which has an EBIT margin of 21.97%), but is higher than adidas (9.37%), Puma (8.57%), Under Armour (9.23%) and V.F. Revenues for the NIKE Brand were $44.4 billion, up 5 percent on a reported basis and 6 percent on a currency-neutral basis, driven by double-digit growth in NIKE Direct, partially offset by slight declines in wholesale revenues. MJ did the retirement-return dance twice in his illustrious career before finally calling it quits in 2003. Accessed May 02, 2023. https://www.statista.com/statistics/888793/nikes-revenue-by-product-category-worldwide/, Nike. Choose wisely. When you buy products through Boardroom's links, we may earn an affiliate commission. The Jordan Brand and its eponym, Michael Jordan, this month pledged $100 million over ten years to organizations dedicated to racial equality, social justice and education access. This data highlights that it was one of the major growth drivers for Nike when comparing fiscal year 2021 with fiscal year 2020. In fact, with over $12 billion in reported revenue . "Nike's Revenue Worldwide from 2016 to 2021, by Product Category (in Million U.S. The Seeking Alpha EPS FWD Long Term Growth (3-5Y CAGR) Rate of Nike is 15.68%. Woods has been with Nike since 1996, where he signed a huge $40m deal over five years, which was renewed for a reported $100m over a further five years. We may earn a commission from links on this page, but we only recommend products we back. Hereby, the Jordan Brand is the second most important product category for Nike behind Sportswear (with a revenue of $15.053 billion in 2021 and accounting for 42.08% of the companys wholesale revenue) and in front of Running (with a revenue of $3.987 billion of revenue in 2021 and accounting for 11.14% of the wholesale revenue) as well as the product categories Training ($2.907 billion of revenue), Nike Basketball (with a revenue of $1.692 billion) and Football (Soccer) (with a revenue of $1.682 billion). But there was a bit of a snafu: the first Jordans were predominantly black by design and that violated the league's uniform policy at the time. Jordan, Nike Hit New Heights in 2022 - Front Office Sports This could have a serious impact on the company's financial results. ", Nike, Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars) Statista, https://www.statista.com/statistics/888793/nikes-revenue-by-product-category-worldwide/ (last visited May 02, 2023), Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars) [Graph], Nike, July 20, 2021. By clicking Accept, you consent to the use of ALL the cookies. Copyright 2023 Front Office Sports. The athletic label tapped Powers as an ambassador in June 2021, and in the same month included her in an instantly iconic image, one that featured Michael Jordan with nine of Jordan Brand's . China And 'The Last Dance' Propel Nike's Jordan Brand To - Forbes My valuation model shows that Nike is currently undervalued with an upside of 7.4%. Big Screen Deal The ploy worked like a charm. Nikes Jordan Brand brought in $5.1 billion in fiscal 2022, and his Airness pockets a reported 5% of that under his deal with Nike. Sasser spoke about Houston and how he's preparing for the draft. However, due to the enormous strength of Nikes brand image as well as Nikes endorsements with the best athletes in the world, I expect the company will be able to assert itself against its competitors in the long-term. However, the companys current P/E (FWD) Ratio of 31.91 compared to Adidas (P/E (FWD) Ratio of 11.58) proves that you have to pay a substantial premium to buy the Nike stock compared to its competitors. Last week, JPMorgan Chase & Co. expressed interest in investing up to $1.1 billion in Serie As media unit. By comparison, the Jordan Brand alone made almost as much as one of its competitors' entire portfolios. Talk about going full circle. 2021 FORM 10-K 1. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Michael Jordan likely made more than double his career NBA salary earnings in 2022 alone thanks to a decades-old licensing deal. As a bonus, he got his own shoe. in advanced talks to add teams in Utah, San Francisco, and Boston. I have used Nikes current discount rate (WACC) of 8.5% to calculate the companys fair value. When people flaunted pairs on social media. Based on these strengths and low dividend payout ratio, as well as its growth prospects through direct sales that are supported by the Jordan Brand, I expect that Nike will be able to keep increasing its dividend in the years to come. Jordan Brand revenue hit $4.8 billion in 2021, The Australian Open broke its single-day attendance mark with. Personally, I am invested in Nike and see the company as a long-term investment. Choose. The Jordan Brand was the product category with the most growth in 2021 compared to 2020. 2023 Front Office Sports. Tracy Lopez August 25, 2022. The fact that Nike has consistently managed to increase its dividend over the past 20 years, is further evidence of their robust business model and is a result of the companys strong brand image. Goldman Sachs is reportedly eyeing an investment in financing Serie As media business as the league prepares to sell domestic and international media rights in 2024. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Consumer & Brand Reports. Wendys Homestyle French Toast Sticks are so good, some are saying theyre better than their Moms French Toast. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Currently, you are using a shared account. statistic alerts) please log in with your personal account. Nike's wholesale equivalent revenues worldwide from the fiscal years of 2020 to 2022, by segment. I have no business relationship with any company whose stock is mentioned in this article. For the first time in its 50-year history, Nike has topped $12B in quarterly sales.At $6.3B a year ago, quarterly revenue jumped to $12.3B while $NKE hit a record high of $152 today.Jordan Brand grew 31% with ~$5B in 2021 earnings while its womens biz nearly tripled in Q4. The Inside Story Of How Michael Jordan Became The World's - Forbes The Jordan brand represents 10% of Nikes total revenue; this has become 1/10 the size of Nikes business model, which also comprises Converse as a separate brand. Available: https://www.statista.com/statistics/888793/nikes-revenue-by-product-category-worldwide/, Nike's revenue worldwide from 2016 to 2021, by product category, Value of the global footwear market from 2018 until 2028, Size of the global activewear market 2021 to 2028, Wholesale sales of athletic footwear in the U.S. 2008-2021, Wholesale sales of sports apparel in the U.S. 2008-2021, Value of the leading global apparel brands 2022, Global sales of the top performance apparel, accessories, and footwear companies 2022, Global sales growth forecast of top athletic wear companies 2022, American customer satisfaction index: athletic shoe companies 2010-2021, Global revenue share of Nike in 2022, by product type, Domestic sales share of Nike worldwide from 2016 to 2022, Global revenue of Nike from 2016 to 2022, by sales channel, Global revenue of Nike from 2016 to 2021, by product category, Global gross profit of Nike from 2014 to 2022, Nike's North American revenue 2009-2022, by segment, Nike's revenue in EMEA 2016-2022, by segment, Nike's revenue in Greater China 2009-2022, by segment, Nike's revenue in Asia Pacific & Latin America from 2016 to 2022, by segment, Number of Nike's retail stores in the U.S. 2009-2022, Number of Nike's non-U.S. retail stores 2009-2022, Nike's marketing expenses worldwide from 2014 to 2022, The adidas Group's net sales worldwide from 2000 to 2022, Global share of adidas retail sales in 2022, by region, Share of adidas' net sales worldwide in 2022, by product type, Share of Puma's sales worldwide in 2022, by region, Share of Puma's consolidated sales worldwide in 2022, by product category, Under Armour's net revenue worldwide 2008-2021, Under Armour's net sales share worldwide in 2021, by region, Global wholesale revenue of Nike from 2020 to 2022, by customer segment, Nike and adidas' share of the footwear market as of 2017, by region, Nike's revenue in Japan 2009-2017, by segment, Global brand value of Nike from 2016 to 2022, Global brand value comparison of Nike and adidas from 2010 to 2022, Nike's quarterly revenue worldwide from 2017 to 2022, Nike's revenue in Central and Eastern Europe 2009-2017, by segment, Gross profit margin percentage of Nike worldwide from 2014 to 2022, Nike's revenue in emerging markets 2009-2017, by segment, Nike's revenue in Western Europe 2009-2017, by segment, Nike's DTC revenue share worldwide 2011-2015, Nike and adidas' share of the sports footwear market as of 2017, Forecast of Nike's global market share in athletic footwear 2011-2025, Nike's scope 3 GHG emissions 2015-2021, by segment, Retail price breakdown of Nike Cortez/Roshe running shoes 2015, Number of employees at ANTA Sports Products China 2012-2022, Genesco's sales share worldwide in FY 2022, by brand, Sales value of Patek Philippe Espaa 2013-2017, Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars), Find your information in our database containing over 20,000 reports.
Wreck On Hwy 49 Nc Today, Can We Make Generalization Of Hospitality And Tourism Organizations, Waffle House Net Worth, Nm State Police Recruiting, Capital Grille Restaurant Week, Articles J