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Nike Inc Release Fiscal 2022 Q4 & Full Year Financial Statements

NIKE, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results Fourth quarter reported revenues were $12.2 billion, down 1 percent compared to prior year. NIKE Direct reported revenues for the fourth quarter were $4.8 billion, up 7 percent compared to prior year. Wholesale reported revenues for the fourth quarter were $6.8 billion, down 7 percent compared to prior year. Gross margin for the fourth quarter decreased 80 basis points to 45 percent. Fourth quarter NIKE Direct revenues grew 7…