For the fourth quarter and full fiscal year 2016 ended May 31, Nike, Inc. (NYSE: NKE) reported just 6% growth in revenue year over year for the quarter, and profit was down 2%. For the year, however, profit grew 15% over fiscal 2015. The mixed bag of earnings have a lot of interesting takeaways — here are three that will help to clear things up, and what to watch in 2017.