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Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

82.64USD
23 May 2019
Change (% chg)

$-0.56 (-0.67%)
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Volume
2,015,494
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Latest Key Developments (Source: Significant Developments)

Nike, Inc. Declares $0.22 Quarterly Dividend
Thursday, 9 May 2019 

May 9 (Reuters) - Nike Inc ::NIKE, INC. DECLARES $0.22 QUARTERLY DIVIDEND.  Full Article

Nike Says "Has Been Cooperating With The Government’S Investigation Into NCAA Basketball For Over A Year"
Monday, 25 Mar 2019 

March 25 (Reuters) - Nike Inc ::NIKE SAYS "WHEN NIKE BECAME AWARE" OF MICHAEL AVENATTI MATTER, "NIKE IMMEDIATELY REPORTED IT TO FEDERAL PROSECUTORS".NIKE SAYS WHEN AVENATTI ATTEMPTED TO EXTORT CO OVER NCAA BASKETBALL MATTER, CO WITH ASSISTANCE OF OUTSIDE COUNSEL AT BOIES SCHILLER FLEXNER, "AIDED THE INVESTIGATION".NIKE SAYS "HAS BEEN COOPERATING WITH THE GOVERNMENT’S INVESTIGATION INTO NCAA BASKETBALL FOR OVER A YEAR".NIKE SAYS "WILL NOT BE EXTORTED OR HIDE INFORMATION THAT IS RELEVANT TO A GOVERNMENT INVESTIGATION".  Full Article

Nike Q2 Earnings Per Share $0.52
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.52.Q2 EARNINGS PER SHARE ESTIMATE $0.46 -- REFINITIV IBES DATA.Q2 REVENUE $9.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $9.18 BILLION.QTRLY GROSS MARGIN INCREASED 80 BASIS POINTS TO 43.8 PERCENT.QTRLY REVENUES INCREASED 10 PERCENT TO $9.4 BILLION, UP 14 PERCENT ON A CURRENCY-NEUTRAL BASIS.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 14 PERCENT TO $3.1 BILLION.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.4 BILLION, UP 1 PERCENT COMPARED TO PRIOR YEAR PERIOD.QTRLY NORTH AMERICA TOTAL REVENUE WAS $3,782 MILLION VERSUS $3,485 MILLION REPORTED LAST YEAR.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE WAS $ 2313 MILLION VERSUS $2,133 MILLION REPORTED LAST YEAR.QTRLY GREATER CHINA REVENUES $1,544 MILLION VERSUS $1,222 MILLION.  Full Article

Nike, Inc. Names Craig A. Williams President Of Jordan Brand
Tuesday, 13 Nov 2018 

Nike Inc ::NIKE, INC. NAMES CRAIG A. WILLIAMS PRESIDENT OF JORDAN BRAND.NIKE INC - LARRY MILLER MOVES INTO NEW ROLE AS CHAIRMAN, JORDAN BRAND ADVISORY BOARD.NIKE INC - WILLIAMS JOINS JORDAN BRAND FROM COCA-COLA CO.NIKE INC - EFFECTIVE JAN. 14, 2019, CRAIG A. WILLIAMS WILL BECOME PRESIDENT OF JORDAN BRAND.  Full Article

Nike Names New Leaders For Asia Pacific And Latin America And Global Sales
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Nike Inc ::NIKE, INC. NAMES NEW LEADERS FOR ASIA PACIFIC AND LATIN AMERICA AND GLOBAL SALES.NIKE INC - ANN HEBERT, CURRENTLY VP, GM OF APLA GEOGRAPHY, WILL BECOME NEW VP, GLOBAL SALES..NIKE INC - ANN HEBERT, CURRENTLY VP, GM OF APLA GEOGRAPHY, WILL BECOME NEW VP, GLOBAL SALES.NIKE INC - MIKE BEST, CURRENTLY IN ROLE, HAS DECIDED TO RETIRE AFTER A NEARLY 30-YEAR CAREER WITH BRAND.NIKE - CARL GREBERT, CURRENTLY VP, GM OF GLOBAL JORDAN BRAND, WILL BECOME COMPANY'S NEW VP, GM OF ITS ASIA PACIFIC AND LATIN AMERICA GEOGRAPHY.  Full Article

Nike Says Greg Thompson, Nike's Vice President Of Footwear, Has Left The Company
Thursday, 19 Apr 2018 

April 18 (Reuters) - Nike Inc ::SAYS GREG THOMPSON, NIKE'S VICE PRESIDENT OF FOOTWEAR, HAS LEFT THE COMPANY.  Full Article

Nike Inc Acquires Computer Vision Leader Invertex
Monday, 9 Apr 2018 

April 9 (Reuters) - Nike Inc ::NIKE INC ACQUIRES COMPUTER VISION LEADER INVERTEX.NIKE INC SAYS HAS ACQUIRED INVERTEX LTD, A COMPUTER VISION FIRM BASED IN TEL AVIV, ISRAEL.  Full Article

Nike Expects Q4 Revenue To Grow In High Single-Digit Range- Conf. Call‍​
Thursday, 22 Mar 2018 

March 22 (Reuters) - Nike Inc ::NIKE INC SAYS "BECAME AWARE OF SOME BEHAVIORAL ISSUES THAT ARE INCONSISTENT WITH NIKE'S VALUES OF INCLUSIVITY, RESPECT AND EMPOWERMENT" - CONF. CALL‍​.NIKE INC SAYS NOW EXPECT TO GROW NIKE AIR BUSINESS BY SEVERAL BILLION DOLLARS OVER NEXT FEW YEARS.NIKE INC SAYS SAW STRONG CONSUMER RESPONSE FOR NIKEPLUS MEMBERSHIP IN Q3 WITH NEW MEMBERS RISING MORE THAN 50% VERSUS THE SAME PERIOD LAST YEAR.NIKE INC SAYS IN Q4, TO DEBUT NEW CONCEPT CALLED NIKE APP AT RETAIL AT THE GROVE IN LOS ANGELES AND IN PORTLAND‍​.NIKE INC SAYS ACQUIRED CONSUMER DATA AND ANALYTICS FIRM NAMED ZODIAC.NIKE INC SAYS ZODIAC WILL PRIMARY FOCUS ON NIKEPLUS MEMBERS.NIKE INC SAYS SPORTSWEAR CATEGORY CONTINUES TO GROW DOUBLE DIGITS WITH STRONG GROWTH ACROSS BOTH FOOTWEAR AND APPAREL.NIKE INC SAYS NIKE NORTH AMERICA REVENUE IS PROJECTED TO BE ROUGHLY FLAT TO PRIOR YEAR IN Q4 AND RETURN TO GROWTH IN FIRST HALF OF FISCAL YEAR 2019.NIKE SAYS EXPECT Q4 REPORTED REVENUE TO GROW IN HIGH SINGLE-DIGIT RANGE, EXPECT ROUGHLY FLAT Q4 GROSS MARGIN TO VERY SLIGHTLY UP VERSUS PRIOR YEAR.NIKE SAYS CURRENTLY EXPECT FISCAL YEAR '19 REPORTED REVENUE GROWTH IN THE MID TO HIGH SINGLE-DIGIT RANGE.  Full Article

Nike Q3 Loss Per Share $0.57
Thursday, 22 Mar 2018 

March 22 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 LOSS PER SHARE $0.57.Q3 REVENUE $9.0 BILLION VERSUS I/B/E/S VIEW $8.85 BILLION.Q3 EARNINGS PER SHARE VIEW $0.53 -- THOMSON REUTERS I/B/E/S.IMPACT OF TAX ACT RESULTED IN ONE-TIME PROVISIONAL CHARGES THAT REDUCED DILUTED EARNINGS PER SHARE BY $1.25 IN QUARTER.QTRLY NORTH AMERICA TOTAL REVENUE $3,571 MILLION VERSUS $3,782 MILLION REPORTED LAST YEAR.QTRLY GREATER CHINA TOTAL REVENUE $1,336 MILLION VERSUS $1,075 MILLION REPORTED LAST YEAR.NIKE - "CONSUMER DIRECT OFFENSE DROVE STRONG DOUBLE-DIGIT GROWTH ACROSS OUR INTERNATIONAL GEOGRAPHIES, LED BY GREATER CHINA" IN QUARTER.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.4 BILLION, UP 9 PERCENT FROM FEBRUARY 28, 2017.QTRLY GROSS MARGIN DECLINED 70 BASIS POINTS TO 43.8 PERCENT.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 11 PERCENT TO $2.8 BILLION.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE $2,299 MILLION, UP 19 PERCENT."AS WE CLOSE Q3, WE NOW SEE A SIGNIFICANT REVERSAL OF TREND IN NORTH AMERICA".AS A RESULT OF U.S. TAX REFORM, RECORDED ADDITIONAL INCOME TAX EXPENSE OF $2.0 BILLION IN QUARTER.  Full Article

Bill Ackman Cashes Out Of Nike Investment With Roughly $100 mln Profit - Source‍​
Thursday, 22 Mar 2018 

March 22 (Reuters) - :BILL ACKMAN CASHES OUT OF NIKE INVESTMENT WITH ROUGHLY $100 MILLION PROFIT - SOURCE‍​.  Full Article

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Trump antagonist Avenatti indicted for ripping off Stormy Daniels, extorting Nike

NEW YORK Michael Avenatti's legal troubles escalated on Wednesday as federal prosecutors announced new indictments accusing the lawyer and prominent critic of U.S. President Donald Trump of ripping off porn star Stormy Daniels and extorting Nike Inc. | Video