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Nike, Inc.[ note 1 ] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [ 5 ] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. [ 6 ][ 7 ]
Nike posted net income of $1.05 billion, or 70 cents per share, in the quarter that ended Aug. 31. That compares with $1.45 billion, or 94 cents per share, in the year-ago period. Sales fell 10% ...
Nike's been under pressure for a while, but it got much worse in fiscal 2024 (ended May 31). Fourth-quarter sales were down 2% year over year, and Nike Direct sales dropped 7%. Digital sales were ...
September 20, 2024 at 8:19 AM. Nike (NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO and cleaning up the messes of its outgoing ...
Annual revenues exceed $12.25 billion; 2005 Nike reports annual revenue for fiscal year 2005 (ending May 31) of $13.74 billion, a 12% increase over the previous fiscal year. Nike Signs Tennis Pro Rafael Nadal. Nike introduces Nike Free. 2007 Nike enters the cricket market with a 5-year sponsorship of the Indian cricket team for US$43m.
September 22, 2024 at 3:16 PM. Shares of Nike (NYSE: NKE) jumped after the company announced that its CEO was stepping down and it is bringing back a former longtime exec to run the company ...
Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation."
Fool.com contributor Parkev Tatevosian discusses what the latest developments could mean for Nike (NYSE: NKE) stock investors. *Stock prices used were the afternoon prices of Sept. 19, 2024. The ...