EXHIBIT 99 - EARNINGS RELEASE

Exhibit 99

FOR IMMEDIATE RELEASE


MEDIA CONTACT: INVESTOR CONTACT:
Alan Marks Pamela Catlett
503.671.4235 503.671.4589


Global strength of Nike portfolio drives record financial performance

Nike, Inc. reports double-digit revenue growth for fiscal 2005;
EPS up 28 percent to $4.48

Worldwide futures orders increase 9.5 percent


Highlights:

- - Fiscal 2005 revenues up 12 percent to $13.7 billion, earnings per
diluted share up 28 percent to $4.48

- - Fourth quarter revenues up 7 percent; earnings per diluted share
up 15 percent to $1.30

- - Full-year revenue growth across all Nike brand regions and product
lines; All regions post record revenues and profits

- - Nike, Inc. Other business full-year revenues grew 22 percent,
exceeding $1.7 billion

- - Full-year gross margin percentage grew 160 basis points to 44.5
percent

- - Balance sheet strengthens as cash and short term investments rise
to $1.8 billion

Beaverton, OR (June 27, 2005) - NIKE, Inc. (NYSE:NKE) today reported
record financial results for the 2005 fiscal year, ended May 31, 2005.
Earnings per diluted share for the year grew 28 percent to $4.48,
supported by double digit revenue growth and record gross margins.

For the fiscal year ended May 31, 2005, revenues increased 12 percent
to $13.7 billion, compared to $12.3 billion in fiscal year 2004.
Changes in currency exchange rates contributed three percentage points
of this growth, while the acquisition of Converse and Starter added one
point. Full year net income was up 28 percent to $1.2 billion, or
$4.48 per diluted share, versus $945.6 million, or $3.51 per diluted
share, in 2004.

Fourth quarter revenues increased seven percent to $3.7 billion, versus
$3.5 billion for the same period last year. Three percentage points of
this growth were the result of changes in currency exchange rates.
Fourth quarter net income was up 15 percent to $349.5 million, or $1.30
per diluted share, compared to $305.0 million, or $1.13 per diluted
share in the prior year.

Commenting on the company's results, William D. Perez, Nike, Inc.
President and Chief Executive Officer said, "Fiscal 2005 was a great
year. The strength of the Nike brand around the world, the breadth of
our Nike, Inc. portfolio, and the quality of our management team
contributed to another year of consistent, profitable growth for our
shareholders. The Nike brand is exceptionally strong, driving full-year
revenue gains across all regions and product lines, while Converse and
Cole Haan led the growth in our portfolio of other businesses. Today's record
earnings were driven by healthy revenue growth and the highest gross margin in
the company's history."

Perez continued, "Looking ahead, our worldwide futures orders for
athletic footwear and apparel are strong, up 9.5 percent, with all
regions posting increases and U.S. footwear remaining particularly
healthy. We're very pleased with the brand strength reflected in these
futures results and we see continued potential for profitable expansion
across our portfolio of businesses."*


Futures Orders

The Company reported worldwide futures orders for athletic footwear and
apparel, scheduled for delivery from June through November 2005,
totaling $6.3 billion, 9.5 percent higher than such orders reported for
the same period last year. Approximately one point of this growth was
due to changes in currency exchange rates.*

By region, U.S. futures were up nine percent; Europe increased seven
percent; Asia Pacific grew 11 percent; and the Americas increased 25
percent. Changes in currency exchange rates had a favorable impact of
two percentage points in Europe and Asia Pacific. Changes in currency
exchange rates had no impact on futures orders growth for the
Americas.*


Regional Highlights

U.S.
____
During the fourth quarter, U.S. revenues increased three percent to
$1.3 billion. U.S. athletic footwear revenues increased seven percent
to $907.2 million. Apparel revenues declined seven percent to $335.9
million. Equipment revenues increased 17 percent to $84.3 million.
Pre-tax income for the quarter rose nine percent to $311.8 million.

For the full fiscal year, U.S. revenues were up seven percent to $5.1
billion. Footwear revenues increased nine percent to $3.4 billion;
apparel revenues grew two percent to $1.5 billion; and equipment
revenues grew 13 percent to $313.4 million. U.S. pre-tax income
improved 12 percent to $1.1 billion.

Europe, Middle East and Africa (EMEA)
_____________________________________
Fourth quarter revenues for the EMEA region grew four percent to $1.1
billion. Seven percentage points of this growth were the result of
changes in currency exchange rates. Footwear revenues increased nine
percent to $689.6 million, apparel revenues declined four percent to
$366.1 million and equipment revenues declined two percent to $73.0
million. Pre-tax income rose 10 percent to $254.2 million.

For the full year, EMEA revenues grew 12 percent to $4.3 billion,
compared to $3.8 billion last year. Seven percentage points of this
growth were the result of changes in currency exchange rates. Footwear
revenues were up 12 percent to $2.5 billion. Apparel revenues increased
12 percent to $1.5 billion and equipment revenues rose nine percent to
$284.5 million. Pre-tax income increased 23 percent for the full-year
to $917.5 million.



Asia Pacific
____________
In the Asia Pacific Region, quarterly revenues grew 19 percent to
$535.0 million. Three percentage points of this growth were the result
of changes in currency exchange rates. Footwear revenues were up 16
percent to $269.8 million; apparel revenues increased 21 percent to
$210.6 million and equipment revenues grew 32 percent to $54.6 million.
Fourth quarter pre-tax income was up 36 percent to $124.0 million.

Full-year Asia Pacific revenues increased 18 percent to $1.9 billion,
compared to $1.6 billion last year. Four percentage points of this
growth were the result of changes in currency exchange rates. Footwear
revenues increased 13 percent to $962.9 million. Apparel revenues were
up 23 percent to $755.5 million. Equipment revenues increased 25
percent to $178.9 million. Pre-tax income increased 13 percent to
$399.8 million.

Americas
________
Quarterly revenues in the Americas region increased 20 percent to
$201.1 million. This growth rate reflected a six percentage point
increase due to changes in currency exchange rates. Footwear revenues
were up 18 percent to $134.4 million, apparel revenues increased 20
percent to $53.2 million and equipment revenues increased 36 percent to
$13.5 million. Pre-tax income was up 11 percent to $29.2 million.

For the full year, Americas revenues increased 15 percent to $695.8
million, compared to $604.5 million last year. One percentage point of
this growth was the result of changes in currency exchange rates.
Footwear revenues increased 17 percent to $478.6 million, apparel
revenues grew six percent to $169.1 million and equipment revenues
increased 31 percent to $48.1 million. Pre-tax income rose 21 percent
for the full year, to $117.6 million.

Other Revenues
______________
In the fourth quarter, Other revenues, which include results for Bauer
NIKE Hockey, Inc., Cole Haan (registered), Converse Inc., Exeter Brands
Group LLC, Hurley International LLC and NIKE Golf, grew six percent to
$529.2 million. For the full year, other revenues increased 22 percent
to $1.7 billion. Pre-tax income declined two percent for the fourth
quarter and increased 104 percent for the full year.

Income Statement Review

In the fourth quarter, gross margins were 45.2 percent of revenue
compared to 43.8 percent last year. For the full year, gross margins
were 44.5 percent compared to 42.9 percent last year. Selling and
administrative expenses were 30.6 percent of fourth quarter revenues,
compared to 29.8 percent last year. For the full year, selling and
administrative expenses were 30.7 percent of full year revenues versus
30.2 percent last year. The effective tax rate was 35.0 percent for
the fourth quarter and 34.9 percent for the full year. The tax
provision for the fourth quarter reflected a charge related to the
Company's decision to repatriate $500 million of foreign earnings under
the American Jobs Creation Act during fiscal 2006. The net impact of
this charge was not material to our effective tax rate for the quarter
or the full year.

Balance Sheet Review

At fiscal year-end, global inventories stood at $1.8 billion, an
increase of 10 percent from last year. Cash and short-term investments
were $1.8 billion at fiscal year-end, compared to $1.2 billion last
year.

Share Repurchase

During the quarter, the Company purchased a total of 1,853,500 shares
for approximately $152.7 million in conjunction with the Company's
four-year, $1.5 billion share repurchase program that was approved by
the Board of Directors in June 2004. To date, the Company has
repurchased a total of 6,924,400 shares under this program.


NIKE, Inc. based in Beaverton, Oregon is the world's leading designer,
marketer and distributor of authentic athletic footwear, apparel,
equipment and accessories for a wide variety of sports and fitness
activities. Wholly owned Nike subsidiaries include Converse Inc., which
designs, markets and distributes athletic footwear, apparel and
accessories; Bauer NIKE Hockey, Inc., a leading designer and
distributor of hockey equipment; Cole Haan, a leading designer and
marketer of luxury shoes, handbags, accessories and coats; Hurley
International LLC, which designs, markets and distributes action sports
and youth lifestyle footwear, apparel and accessories and Exeter Brands
Group LLC, which designs and markets athletic footwear and apparel for
the value retail channel.

NIKE's earnings releases and other financial information are available
on the Internet at www.NikeBiz.com/invest.

*The marked paragraphs contain forward-looking statements that involve
risks and uncertainties that could cause actual results to differ
materially. These risks and uncertainties are detailed from time to
time in reports filed by NIKE with the S.E.C., including Forms 8-K, 10-
Q, and 10-K. Some forward-looking statements in this release concern
changes in futures orders that are not necessarily indicative of
changes in total revenues for subsequent periods due to exchange rate
fluctuations as well as the mix of futures and "at once" orders, which
may vary significantly from quarter to quarter.


(Tables Follow)

NIKE, INC.
CONSOLIDATED FINANCIAL STATEMENTS
FOR THE QUARTER ENDED MAY 31, 2005