Key Developments: Nike Inc (NKE)

NKE on New York Consolidated

100.46USD
5 May 2015
Change (% chg)

$-0.37 (-0.37%)
Prev Close
$100.83
Open
$100.43
Day's High
$100.87
Day's Low
$100.26
Volume
1,428,552
Avg. Vol
3,516,314
52-wk High
$103.79
52-wk Low
$71.53

Search Stocks

Latest Key Developments (Source: Significant Developments)

Nike Inc Announces 14% Increase In Quarterly Dividend
Thursday, 21 Nov 2013 04:15pm EST 

NIKE, Inc announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on the Company's outstanding Class A and Class B Common Stock. The $0.24 quarterly dividend, which is payable on January 6, 2014, to shareholders of record at the close of business on December 16, 2013, represents a 14% increase over the previous quarterly rate of $0.21. This is the twelfth year in a row the Company increased its annual dividend.  Full Article

Nike Inc Issues FY 2017 Revenue Guidance Above Analysts' Estimates; Sees FY 2015 Revenue Guidance At Top End Of Prior Range
Wednesday, 9 Oct 2013 01:04pm EDT 

Nike Inc announced it expect to deliver $36 billion in revenue by fiscal year 2017. The Company also stated it expects to deliver revenues of $30 billion by fiscal year 2015, at the top end of its previously announced target range of $28-30 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $29.8 billion for fiscal 2015; revenue of $35 billion for fiscal 2017.  Full Article

Nike Inc Issues FY 2014 Revenue Guidance In Line With Analysts' Estimates; Comments On Q2 2014 Revenue Guidance-Conference Call
Thursday, 26 Sep 2013 09:00am EDT 

Nike Inc announced that it expects revenue for the second quarter of 2014 and fiscal 2014 to grow at a high single-digit rate. The Company reported revenue of $25.313 billion in fiscal 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $27.557 billion for fiscal 2014 and revenue of $6.428 billion for the second quarter of 2014.  Full Article

Nike Inc Declares $0.21 Quarterly Dividend
Monday, 12 Aug 2013 04:15pm EDT 

Nike Inc announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per share on the Company's outstanding Class A and Class B Common Stock payable on October 7, 2013, to shareholders of record at the close of business on September 3, 2013.  Full Article

Nike Inc Issues FY 2014 EPS Guidance In Line With Analysts' Estiamtes-Conference Call
Thursday, 27 Jun 2013 05:00pm EDT 

Nike Inc announced that for fiscal 2014, it expects EPS to grow at a low-double-digit rate. The Company reported EPS of $2.70 in fiscal 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.05 for fiscal 2014.  Full Article

Nike Inc Pulls Plug on Livestrong Line-WSJ
Tuesday, 28 May 2013 01:09am EDT 

The Wall Street Journal reported that Nike Inc is pulling the plug on its Livestrong brand of sneakers and clothing after a nine year relationship with the foundation started by Lance Armstrong and best known for its yellow wristbands, which helped raise more than $100 million for cancer survivors. A Nike spokeswoman confirmed that the Company will stop producing new Livestrong products at the end of the year after having distributed 87 million wristbands to benefit the foundation. The footwear giant had already ended its sponsorship of the former pro cyclist last October, citing what Nike called insurmountable evidence that Mr. Armstrong had used performance-enhancing drugs and misled the Company about that for more than a decade. At the time, Nike said it would continue to support the charity and license the Livestrong brand for a collection of clothing, shoes and other merchandise. The agreement between Nike and the foundation expires at the end of 2014.  Full Article

Photo

Adidas begins marathon turnaround in North America

BERLIN - German sportswear company Adidas turned around its sales in North America in the first quarter, helped by a marketing campaign designed to win business from dominant rival Nike. | Video

Search Stocks