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Nike Inc (NKE)

NKE on New York Consolidated

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22 Sep 2017
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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

Judge tosses workers' class action against Nike over security checks

A federal judge on Tuesday said Nike Inc's retail arm was not required to pay workers in California for the few seconds each day that they spent going through security checks, and tossed out a class action against the company.