They ain't hurting that's for sure.
https://www.macrotrends.net/stocks/charts/NKE/nike/gross-profit
NIKE annual/quarterly gross profit history and growth rate from 2006 to 2021. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
NIKE gross profit for the quarter ending February 28, 2021 was $4.719B, a 5.5% increase year-over-year. NIKE gross profit for the twelve months ending February 28, 2021 was $16.660B, a 10.05% decline year-over-year. NIKE annual gross profit for 2020 was $16.241B, a 7.06% decline from 2019. NIKE annual gross profit for 2019 was $17.474B, a 9.51% increase from 2018. NIKE annual gross profit for 2018 was $15.956B, a 4.21% increase from 2017.
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