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GuruFocus has detected 2 Warning Signs with Nike Inc $NKE.
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Nike Inc (NYSE:NKE)
Net Income (Continuing Operations)
$4,078 Mil (TTM As of Feb. 2017)

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Nike Inc's net income (continuing operations) for the three months ended in Feb. 2017 was $1,141 Mil. Its net income (continuing operations) for the trailing twelve months (TTM) ended in Feb. 2017 was $4,078 Mil.


Definition

It indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Nike Inc Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Feb. 2017 was 846 (May. 2016 ) + 1249 (Aug. 2016 ) + 842 (Nov. 2016 ) + 1141 (Feb. 2017 ) = $4,078 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Nike Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
Net Income (Continuing Operations) 1,4921,8831,4871,9072,1722,2572,4512,6933,2733,760

Nike Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
Net Income (Continuing Operations) 6557918651,1797859508461,2498421,141
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