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Nike Inc (NKE)

NKE on New York Consolidated

57.36USD
21 Feb 2017
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$0.61 (+1.07%)
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Latest Key Developments (Source: Significant Developments)

Nike declares $0.18 quarterly dividend
Thursday, 16 Feb 2017 04:15pm EST 

Nike Inc :Nike declares $0.18 quarterly dividend.  Full Article

Perry Ellis International enters into distribution agreements for Nike Swim in Latin America
Friday, 20 Jan 2017 09:00am EST 

Perry Ellis International Inc : Perry Ellis international enters into distribution agreements for Nike Swim in Latin America .Perry Ellis -entered into Nike swim distribution agreements in Latin America with R1 sports LTDA in Brazil, Uldin SA in Argentina, Uruguay and Paraguay.  Full Article

Nike CFO- Expect Q3 reported revenue to grow in mid single-digit range
Tuesday, 20 Dec 2016 06:16pm EST 

Nike Inc : CEO on conf call- "there are areas in the short-term where we haven't executed as precisely as we would have liked" . CEO on conf call- scaling a process we call the express lane which allows us to go from creation to market in weeks instead of months. . CEO on conf call- .in q12 direct to consumer business grew 23% with Nike. Com leading the way at 46% . President on Nike Brands- the Apple Watch Nike Plus is selling well ahead of our plans . President on Nike Brands- N.America inventory down 4%., "we continue to keep supply tight which you'll see reflected in futures" . CFO- for the full year, continue to expect reported revenue growth in the high single-digit range . CFO- FX headwinds from further strengthening of the u.s. Dollar have put downward pressure on our second half revenue forecast . CFO- for Q3, expect reported revenue to grow squarely in the mid single-digit range . CFO- expect q3 gross margin to contract by approximately 100 to 125 basis points driven primarily by fx. . Ceo on conf call- "direct-to-consumer continues to be one of the greatest returns on investment" . President on Nike Brands- "we're seeing incredible momentum in basketball, to be clear, basketball is back" . President on Nike Brands- we expect a return to growth in nike basketball over the back half of the fiscal year.  Full Article

Nike reports Q2 earnings per share $0.50
Tuesday, 20 Dec 2016 04:15pm EST 

Nike Inc - : Quarterly gross margin contracted 140 basis points to 44.2 percent . Q2 north america total revenue $3,650 million versus $3,547 million . Quarterly selling and administrative expense declined 2 percent to $2.5 billion . Nike Inc says inventories as of November 30, 2016 for Nike, Inc were $5.0 billion, up 9 percent from November 30, 2015 . Nike Inc Q2 Western Europe total revenue $1,385 million versus $1,299 million last year . Quarterly Greater China total revenues $1,055 million versus $938 million . Nike Inc reports fiscal 2017 second quarter results . Q2 earnings per share $0.50 . Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S .Q2 revenue $8.2 billion versus i/b/e/s view $8.09 billion.  Full Article

Nike signs a 400 mln stg, 12-year extension to its existing deal with FA - Sky News, citing sources
Tuesday, 6 Dec 2016 08:00am EST 

Nike Inc : Nike agreed the terms of a 400 million stg , 12-year extension to its existing deal with Football Association - Sky News, citing sources .A new 12-year partnership with Nike will include penalties if England fail to reach major tournaments - Sky News, citing sources.  Full Article

Nike announces 13 pct increase in quarterly dividend
Thursday, 17 Nov 2016 04:45pm EST 

Nike Inc : Sets quarterly cash dividend of $0.18 per share . Nike Inc announces 13 percent increase in quarterly dividend .Increases quarterly dividend by 13 percent.  Full Article

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

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BRIEF-Nike declares $0.18 quarterly dividend

* Nike declares $0.18 quarterly dividend Source text for Eikon: Further company coverage: