The financial results for Nike Inc. for the third quarter which ended February 28, 2017. The revenue was $8.4 billion with an increase of seven percent. The financial results for Nike Inc. for the third quarter which ended February 29, 2016. The revenue was $8 billion with an increase of eight percent. The financial results for Nike Inc. for the third quarter which ended February 28, 2015. The revenue for Nike was $7.5 billion which increased seven percent.
The financial results for Nike Inc. for the third quarter which ended February 28, 2017. Net income was $1.1 billion and increased twenty percent. Diluted earnings per share was $0.68 and increased twenty percent. Nike leveraged the selling and administrative expenses. Common shares were diluted by a three percent decrease in weighted average. A lower tax rate also enabled the company to dilute its common shares.
The
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was $1,141,000 which consisted of a three month period ending on Feb. 2017. The revenue for Nike Inc. was $8,432,000 consisting of a three month period which ended Feb. 2017. The net profit margin for Nike Inc. is 13.53%.
The current ratio for Nike Inc. is 3.07 which ended on Feb. 2017. The current ratio of Nike Inc. suggest that current assets may not be efficiently utilized. Capital management could be a problematic situation as well.
The share price for Nike Inc. is $52.02. The diluted earnings per share was $2.40 for the trailing twelve months which ended on Feb. 2017. The price earnings ratio was $21.67. The highest PE ratio was recorded at $33.09 during a thirteen year period. $12.07 was the lowest PE ratio documented.
The basic earnings per share (Basic EPS) consisted of a three month period which ended Feb. 2017. The (Basic EPS) was $0.69. The TTM for Nike Inc. was $2.45 which ended Feb. 2017.
The Debt to equity ratio is 0.28 for the year of 2017. November 16, 2016 the debt to equity ratio was 0.16. The Debt to equity ratio for November 15, 2015 was