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Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

75.20USD
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Nike Expects Strong Currency-Neutral Revenue Growth In Q2 In Line With 9 Pct Currency-Neutral Revenue Growth Co Delivered In Q1
Wednesday, 26 Sep 2018 

Sept 25 (Reuters) - Nike Inc ::CFO - "IN NORTH AMERICA, WE HAVE RETURNED TO STRONG SUSTAINABLE GROWTH" - CONF CALL.MAINTAINING FULL YEAR GUIDANCE FOR FISCAL YEAR 2019; EXPECTS REVENUE GROWTH IN HIGH SINGLE DIGITS.EXPECTS LESS GROSS MARGIN EXPANSION IN THE FIRST HALF OF THE YEAR AS COMPARED TO THE SECOND HALF OF THE YEAR.EXPECT SG&A GROWTH IN LOW TEENS IN Q2 DRIVEN BY TIMING OF INVESTMENTS IN SPORTS MARKETING, INVESTMENT IN NEW DIGITAL CAPABILITIES.EXPECTS Q2 EXPANSION APPROACHING THE SAME LEVEL OF EXPANSION THAT CO DELIVERED IN Q1.EXPECTS STRONG CURRENCY-NEUTRAL REVENUE GROWTH IN Q2 IN LINE WITH 9 PERCENT CURRENCY-NEUTRAL REVENUE GROWTH WE DELIVERED IN Q1.CEO SAYS CO HAS SEEN RECORD ENGAGEMENT WITH THE BRAND AS PART OF THE CO'S 30TH ANNIVERSARY JUST DO IT CAMPAIGN."WE KNOW IT'S RESONATED ACTUALLY QUITE STRONGLY WITH CONSUMERS" CEO ON RECENT JUST DO IT CAMPAIGN.  Full Article

Nike Inc Q1 Earnings Per Share $0.67
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2019 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.67.Q1 EARNINGS PER SHARE VIEW $0.63 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE $9.9 BILLION VERSUS I/B/E/S VIEW $9.94 BILLION.QTRLY NORTH AMERICA TOTAL REVENUE $4,145 MILLION VERSUS $3,924 MILLION REPORTED LAST YEAR.QTRLY GROSS MARGIN INCREASED 50 BASIS POINTS TO 44.2 PERCENT.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 7 PERCENT TO $3.1 BILLION.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE WAS $2,607 MILLION VERSUS $2,344 MILLION REPORTED LAST YEAR.AS OF AUGUST 31, 2018, INVENTORIES FOR NIKE, INC. WERE $5.2 BILLION, FLAT TO PRIOR YEAR.QTRLY GREATER CHINA TOTAL REVENUE WAS $1,379 MILLION VERSUS $1,108 MILLION LAST YEAR.NIKE - "WE ARE DELIVERING STRONGER GLOBAL GROWTH AND PROFITABILITY THAN WE ANTICIPATED ENTERING THIS FISCAL YEAR".FOR QUARTER, DOUBLE-DIGIT REVENUE GROWTH WAS DRIVEN BY CONTINUED SUCCESS OF CONSUMER DIRECT OFFENSE.  Full Article

Nike, Inc. Declares $0.20 Quarterly Dividend
Thursday, 9 Aug 2018 

Nike Inc ::NIKE, INC. DECLARES $0.20 QUARTERLY DIVIDEND.NIKE INC - DECLARED A QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE ON COMPANY'S OUTSTANDING CLASS A AND CLASS B COMMON STOCK.  Full Article

Nike Says This Month Co To Make Updates To Employee Pay And Awards
Monday, 23 Jul 2018 

July 23 (Reuters) - Nike Inc ::NIKE SAYS THIS MONTH CO WILL MAKE UPDATES TO EMPLOYEE PAY AND AWARDS.NIKE INC SAYS ABOUT 10 PERCENT OF NIKE EMPLOYEES TO RECEIVE AN ADJUSTMENT, ACROSS ALL LEVELS, GEOGRAPHIES, FUNCTIONS AND BRANDS.  Full Article

Nike Names New Chief Sustainability Officer
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Nike Inc ::NIKE, INC. NAMES NEW CHIEF SUSTAINABILITY OFFICER.NIKE INC - NOEL KINDER WILL BECOME COMPANY'S NEW VP, CHIEF SUSTAINABILITY OFFICER.NIKE INC - KINDER WAS MOST RECENTLY VP, SUSTAINABLE MANUFACTURING AND SOURCING.NIKE INC - KINDER SUCCEEDS HANNAH JONES WHO WILL BECOME PRESIDENT OF NIKE VALIANT LABS, COMPANY'S IN-HOUSE NEW BUSINESS MODEL INCUBATOR.  Full Article

Pershing Square Capital Management Dissolves Sole Share Stake In Nike
Tuesday, 15 May 2018 

May 15 (Reuters) - Pershing Square Capital Management::PERSHING SQUARE CAPITAL MANAGEMENT DISSOLVES SOLE SHARE STAKE IN NIKE INC - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT CUTS SOLE SHARE STAKE IN MONDELEZ INTERNATIONAL TO 16.2 MILLION CLASS A SHARES FROM 23.3 MILLION CLASS A SHARES.PERSHING SQUARE CAPITAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017 .  Full Article

Nike, Inc. Declares $0.20 Quarterly Dividend
Thursday, 10 May 2018 

May 10 (Reuters) - Nike Inc ::NIKE, INC. DECLARES $0.20 QUARTERLY DIVIDEND.  Full Article

Nike Names Rosemary St. Clair As New VP, GM Of Global Women’s And Cesar Garcia As New VP, GM Of Global Running
Monday, 7 May 2018 

May 7 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES ROSEMARY ST. CLAIR AS NEW VP, GM OF GLOBAL WOMEN’S AND CESAR GARCIA AS NEW VP, GM OF GLOBAL RUNNING.NIKE INC - ROSEMARY CLAIR BECOMES NEW VP, GM OF GLOBAL WOMEN'S AND CESAR GARCIA BECOMES NEW VP, GM GLOBAL RUNNING, EFFECTIVE IMMEDIATELY.  Full Article

Nike Announces Amy Montagne As New VP, GM Of Global Categories
Monday, 30 Apr 2018 

April 30 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES AMY MONTAGNE AS NEW VP, GM OF GLOBAL CATEGORIES.NIKE INC - AMY MONTAGNE BECOMES NEW VP, GM OF GLOBAL CATEGORIES, EFFECTIVE IMMEDIATELY.NIKE INC - MONTAGNE MOST RECENTLY HELD THE ROLE OF VP, GM OF GLOBAL NIKE WOMEN'S CATEGORY.  Full Article

BRIEF-Nike Says Greg Thompson, Vice President Of Express Lane Footwear, Has Left The Company (April 18)
Thursday, 19 Apr 2018 

Corrects to show Greg Thompson was vice president of Express Lane Footwear, not vice president of footwear, in headline and bullet:SAYS GREG THOMPSON, NIKE'S VICE PRESIDENT OF EXPRESS LANE FOOTWEAR, HAS LEFT THE COMPANY.  Full Article

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Nike hires former Coca-Cola executive as Jordan Brand president

Nike Inc on Tuesday named former Coca-Cola Co executive Craig Williams as president of its sports shoes unit Jordan Brand.