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Nike Inc (NKE)

NKE on New York Consolidated

56.62USD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Nike to be official kit supplier to Chelsea FC from 2017/18 season
Thursday, 13 Oct 2016 06:33am EDT 

Nike Inc : Chelsea Football Club announces new technical partnership with Nike .Long-term agreement will see Nike become the official kit supplier to Chelsea beginning with the 2017/18 season.  Full Article

Nike Q1 earnings per share $0.73
Tuesday, 27 Sep 2016 04:15pm EDT 

Nike Inc : Nike, inc. Reports fiscal 2017 first quarter results . Q1 earnings per share $0.73 . Q1 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Q1 revenue $9.1 billion versus i/b/e/s view $8.87 billion . quarter-End inventories for nike were $4.9 billion, up 11 percent from august 31, 2015 . Nike inc q1 north america total revenue $4,031 million versus $3,799 million last year . Qtrly selling and administrative expense increased 12 percent to $2.9 billion . Nike inc q1 western europe total revenue $1,763 million versus $1,641 million last year . As of aug 31, worldwide futures orders for nike brand athletic footwear and apparel from sept 2016 through jan 2017 totaled $12.3 billion, up 5 percent . Qtrly gross margin declined 200 basis points to 45.5 percent . Qtrly greater china total revenue $1,020 million versus $886 million .At q1-end, reported futures orders growth for greater china was 15%.  Full Article

Nike, Apollo Global in partnership for apparel manufacturing
Thursday, 18 Aug 2016 04:15pm EDT 

Apollo Global Management : Affiliates of Apollo Global Management and Nike Inc announce strategic partnership for apparel manufacturing in the Americas . Terms of agreements were not disclosed . Investment is made by Apollo-managed special situations I fund . For partnership, a new apparel supply chain company has acquired existing apparel suppliers in north and central America .New supply chain company has acquired apparel manufacturer New Holland & embellishment, warehousing and logistics operator ArtFx.  Full Article

Nike declares $0.16 quarterly dividend
Thursday, 11 Aug 2016 04:15pm EDT 

Nike Inc :Nike Inc declares $0.16 quarterly dividend.  Full Article

Nike to transition out of making golf equipment
Wednesday, 3 Aug 2016 05:00pm EDT 

Nike Inc : Nike golf will transition out of equipment - including clubs, balls and bags ."Will accelerate innovation in its golf footwear and apparel business and will partner with more of world's best golfers".  Full Article

Nike launches new Nike+ app
Tuesday, 2 Aug 2016 09:00am EDT 

Nike Inc : Nike Inc launches new Nike+ app .Also announced that it will open its first digital studio in NYC.  Full Article

Nike's CEO FY 2016 total compensation $47.6 mln
Monday, 25 Jul 2016 04:41pm EDT 

Nike Inc : Says CFO Andrew Campion FY 2016 total compensation $4.8 million - SEC filing .CEO Mark Parker FY 2016 total compensation was $47.6 million versus $16.8 million in FY 2015.  Full Article

Nike files for debt shelf offering
Thursday, 21 Jul 2016 04:28pm EDT 

Nike Inc :Files for debt shelf offering; size not disclosed.  Full Article

Nike announces Steve Lesnard VP, GM of global running
Monday, 18 Jul 2016 04:33pm EDT 

Nike Inc : Lesnard succeeds Patrick Seehafer who will become VP, Europe merchandising . Position is effective august 1, and Lesnard will report to Jayme Martin, VP, GM Global Categories . Nike, inc. Announces new VP, GM of global running .Steve Lesnard will become VP, gm of global running.  Full Article

Nike appoints Tim Cook as lead independent director of Board
Thursday, 30 Jun 2016 04:30pm EDT 

Nike Inc : Nike, Inc. And Phil Knight complete planned chairman succession . Nike Inc says Phil Knight appointed chairman emeritus . Nike Inc says Mark Parker, Nike president and CEO, to now also serve as chairman . Also announced today that Tim Cook, CEO of Apple, has been appointed lead independent director of board, effective immediately . Phil Knight announced that he has sold his voting interests in Swoosh Llc to hold majority of his shares of Nike Class A common stock . Phil Knight sold his voting interests in Swoosh Llc to a trust controlled by his son and Nike director, Travis Knight .After sale of swoosh voting interests, Travis controls two of five votes on swoosh board, with remaining three votes exercised by Nike directors Mark Parker, Alan Graf, Jr., John Donahoe.  Full Article

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US STOCKS-S&P, Nasdaq little changed; Dow dragged down by Nike

* Dow down 0.12 pct, S&P flat, Nasdaq up 0.16 pct (Updates to open)