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Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

56.73USD
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Nike Inc - Cambodia ups minimum wage for textiles but short of demands - Reuters
Wednesday, 7 Oct 2015 08:00pm EDT 

Nike Inc:Cambodia agreed on Thursday to raise the monthly minimum wage for its crucial textiles sector to $140 from next year, short of demands by trade unions long at odds with the government over pay - Reuters.The decision was made in a vote by representatives of the government, factories and unions, with the majority supporting an increase to $135 a month from $128. The government then raised that to $140 - Reuters.Pay for the 600,000 people who work in mostly Asian-owned factories, churning out clothes and shoes for the likes of Gap, Nike, Adidas, H&M and Inditex has been a thorny issue in impoverished Cambodia - Reuters.Major unions had been seeking a minimum wage of $160 a month, having scaled down an initial demand from $177, and threatened strikes. It was unclear if they would follow through - Reuters."This figure is reasonable and acceptable. Even it's not acceptable to all, we have no choice," Labour Minister Ith Sam Heng told reporters - Reuters.  Full Article

Nike Inc enters into a credit agreement for $2 billion - Form 8-K
Wednesday, 2 Sep 2015 04:32pm EDT 

Nike Inc:Enters into credit agreement for up to $2.0 billion of borrowings pursuant to a revolving credit facility.Credit agreement matures in July 2020, with a one year extension option prior to any anniversary of the closing date.Facility replaces $1.0 billion prior credit agreement.  Full Article

Nike declares $0.28 quarterly dividend
Monday, 10 Aug 2015 04:15pm EDT 

NIKE Inc:Declares a quarterly cash dividend of $0.28 per share on the company's outstanding Class A and Class B Common Stock.Payable on Oct. 5, to shareholders of record at the close of business on Sept. 8.  Full Article

NIKE Inc and Phil Knight announce ownership and governance actions
Tuesday, 30 Jun 2015 04:30pm EDT 

NIKE Inc:Says travis knight joins Nike board of directors.Says Nike CEO Mark Parker Recommended as future chairman and CEO as part of planned transition.Says knight will continue to be actively involved with Nike well beyond the time he steps aside as chairman.Knight and Nike board announce start of a succession planning process that will conclude in the appointment of nike's next chairman.Says knight has informed the Nike board of directors of recommendation to have mark parker succeed him as chairman.Says knight has formed limited liability co named swoosh llc, and contributed 128.5 million shares of Nike class a common stock to entity.  Full Article

Nike Inc declares quarterly cash dividend
Tuesday, 12 May 2015 04:15pm EDT 

Nike Inc:Declares quarterly cash dividend of $0.28 per share Class A and Class B Common Stock.Payable on July 6, to shareholders of record at the close of business on June 1.  Full Article

NIKE Inc announces Donald W. Blair to retire as chief financial officer
Thursday, 12 Feb 2015 05:00pm EST 

NIKE Inc:Says Donald W. Blair, executive vice president and chief financial officer, will retire from NIKE in Oct. 2015.As part of planned transition, Blair will remain in CFO role through July 31, 2015, and will remain with company through Oct. 31, 2015 in support of transition.Effective Aug. 1, 2015, Blair will be succeeded by Andrew Campion, currently Senior Vice President, Finance, Strategy and Investor Relations for NIKE.  Full Article

NIKE Inc declares quarterly dividend
Thursday, 12 Feb 2015 04:15pm EST 

NIKE Inc:Declares quarterly cash dividend of $0.28 per share on the company's outstanding Class A and Class B Common Stock.Payable on April 6 to shareholders of record at the close of business on March 2.  Full Article

NIKE Inc gives Q3 2015 revenue guidance; reaffirms FY 2015 revenue guidance - Conference Call
Thursday, 18 Dec 2014 05:00pm EST 

NIKE Inc:Expects Q3 2015 constant dollar revenue growth in the low teens with reported revenue growth about three points lower, reflecting the stronger dollar.Expects FY 2015 constant dollar revenue growth in the low double digits with reported revenue growth 2 to 3 points lower.Reported revenue of $27.80 billion in FY 2014.Q3 2015 revenue of $7.6 billion - Thomson Reuters I/B/E/S.FY 2015 revenue of $30.7 billion - Thomson Reuters I/B/E/S.  Full Article

NIKE Inc announces 17 pct increase in quarterly dividend
Thursday, 20 Nov 2014 04:15pm EST 

NIKE Inc:Declares quarterly cash dividend of $0.28 per share on outstanding Class A and Class B Common Stock.$0.28 quarterly dividend, which is payable on Jan. 5, 2015, to shareholders of record at close of business on Dec. 15, 2014.Represents 17 pct increase over previous quarterly rate of $0.24.  Full Article

Nike Inc gives Q2 2015 revenue guidance; gives FY 2015 revenue guidance above analysts' estimates - Conference Call
Thursday, 25 Sep 2014 09:00am EDT 

Nike Inc:Expects Q2 2015 revenue to grow at a low double-digits.Expects FY 2015 revenue to grow at a low double-digits.Says it reported revenue of $27.80 bln in FY 2014.Q2 2015 revenue of $7.12 bln - Thomson Reuters I/B/E/S.FY 2015 revenue of $30.66 bln - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Nike files for debt shelf offering

* Files for debt shelf offering; size not disclosed Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)