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Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

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14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

PVH Corp Enters Into Licensing Agreement With Nike Inc For Men’S Underwear Business
Tuesday, 30 Apr 2019 10:00am EDT 

April 30 (Reuters) - PVH Corp ::PVH CORP. ENTERS INTO LICENSING AGREEMENT WITH NIKE, INC. FOR MEN’S UNDERWEAR BUSINESS.PVH CORP. ENTERS INTO LICENSING AGREEMENT WITH NIKE, INC. FOR MEN’S UNDERWEAR BUSINESS.PVH - WITH ADDITION OF NIKE MEN'S UNDERWEAR, THE UNDERWEAR GROUP WILL EXPAND ITS PORTFOLIO WHICH INCLUDES CALVIN KLEIN, TOMMY HILFIGER, OTHERS.PVH - ENTERED INTO LICENSING AGREEMENT WITH NIKE FOR DESIGN, SOURCING, MARKETING AND WORLDWIDE DISTRIBUTION OF NIKE-BRANDED MEN'S UNDERWEAR.  Full Article

Nike Inc. Announces John Lechleiter's Retirement From Board
Tuesday, 23 Apr 2019 04:15pm EDT 

April 23 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES DR. JOHN C. LECHLEITER’S RETIREMENT FROM THE NIKE BOARD OF DIRECTORS.NIKE INC - LECHLEITER'S DECISION TO RETIRE WAS DUE TO SCHEDULING CONFLICTS WITH OTHER BOARDS ON WHICH HE PRESENTLY SERVES..NIKE INC - LECHLEITER WILL CONTINUE TO SERVE AS A NIKE, INC. DIRECTOR UNTIL 2019 ANNUAL MEETING.NIKE INC - LECHLEITER WILL BE SUCCEEDED BY MICHELLE PELUSO.NIKE INC - JOHN C. LECHLEITER HAS DECIDED TO RETIRE AND WILL NOT STAND FOR RE-ELECTION TO BOARD AT SEPTEMBER 2019 ANNUAL MEETING OF SHAREHOLDERS.  Full Article

Nike Says Evolution Of N.America Marketplace Resulted In Third-Party Retail Store Closures
Thursday, 4 Apr 2019 04:29pm EDT 

April 4 (Reuters) - Nike Inc ::NIKE - EVOLUTION OF N.AMERICA MARKETPLACE RESULTED IN THIRD-PARTY RETAIL STORE CLOSURES; NOW SEEING STABILIZATION, MOMENTUM BUILDING IN CO'S BUSINESS.NIKE - BELIEVES EUROPEAN COMMISSION INVESTIGATION ON WHETHER NETHERLANDS BREACHED STATE AID RULES WITH RESPECT TO CO IS WITHOUT MERIT.  Full Article

Nike Q3 Earnings Per Share $0.68
Thursday, 21 Mar 2019 04:15pm EDT 

Nike Inc ::NIKE, INC. REPORTS FISCAL 2019 THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.68.Q3 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.Q3 REVENUE $9.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $9.61 BILLION.QTRLY REVENUES FOR NIKE, INC UP 11 PERCENT ON A CURRENCY-NEUTRAL BASIS.QTRLY GROSS MARGIN INCREASED 130 BASIS POINTS TO 45.1 PERCENT.QTRLY NORTH AMERICA TOTAL REVENUE WAS $3,810 MILLION VERSUS $3,571 MILLION REPORTED LAST YEAR.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 12 PERCENT TO $3.1 BILLION.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE WAS $2,435 MILLION VERSUS $2,299 MILLION REPORTED LAST YEAR.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.4 BILLION, UP 1 PERCENT COMPARED TO PRIOR YEAR PERIOD,.  Full Article

Nike Sets Quarterly Dividend Of $0.22 Per Share
Thursday, 14 Feb 2019 04:15pm EST 

Feb 14 (Reuters) - Nike Inc ::SETS QUARTERLY DIVIDEND OF $0.22 PER SHARE.  Full Article

Gridsum Expands Relationship With Nike
Thursday, 10 Jan 2019 07:00am EST 

Jan 10 (Reuters) - Gridsum Holding Inc ::GRIDSUM EXPANDS RELATIONSHIP WITH NIKE.GRIDSUM HOLDING INC - NIKE'S CONSUMER DIRECT SCIENCES TEAM WILL LEVERAGE CO'S DATA ANALYSIS, MODELING, AND CONSULTING SERVICES.  Full Article

Nike Says Q2 Digital Sales Rose 41 Pct In Constant Currency
Thursday, 20 Dec 2018 04:35pm EST 

Dec 20 (Reuters) - Nike Inc ::Q2 HAD DIGITAL GROWTH OF 41 PERCENT IN CONSTANT CURRENCY - CONF CALL.CEO - JORDAN BUSINESS RETURNED TO GROWTH IN Q2 - CONF CALL.CEO - IN THE NEW YEAR, WE'LL LAUNCH A NEW PERFORMANCE PLATFORM IN BASKETBALL AT THE $350 PRICE POINT - CONF CALL.CEO - WE BOOKED 3 TIMES MORE NIKE LAKERS GEAR THIS YEAR- CONF CALL.CEO - WOMENS' FOOTWEAR SALES ROSE 20 PERCENT IN Q2 - CONF CALL.CEO - SINGLES' DAY SALES ROSE 40 PERCENT OVER LAST YEAR - CONF CALL.CEO - WE SAW OVER THE THANKSGIVING SHOPPING WEEK, MORE THAN 30 PERCENT INCREASE IN OUR DIGITAL BUSINESS IN NORTH AMERICA FOR THE QUARTER.WE ARE SEEING EXTRAORDINARY MOMENTUM IN EUROPE AND CHINA - CONF CALL.WE HAVE NOT SEEN ANY IMPACT ON OUR BUSINESS FROM "U.S.-CHINA DYNAMICS" - CONF CALL.GROWTH IN WOMENS' BUSINESS IS OUTPACING MENS' BUSINESS IN ALL GEOGRAPHIES - CONF CALL.  Full Article

Nike Inc names Heidi O’Neill to an expanded role as president of Nike Direct
Tuesday, 4 Dec 2018 04:15pm EST 

Dec 4 (Reuters) - Nike Inc ::NIKE, INC. NAMES HEIDI O’NEILL TO AN EXPANDED ROLE AS PRESIDENT OF NIKE DIRECT.NIKE INC - PRIOR TO JOINING NIKE, O'NEILL HELD ROLES AT LEVI STRAUSS & CO. AND FOOTE CONE & BELDING IN SAN FRANCISCO.NIKE INC - HEIDI O'NEILL WILL EXPAND HER CURRENT ROLE TO NOW INCLUDE ALL NIKE DIGITAL PRODUCTS, SERVICES AND MEMBER EXPERIENCES, EFFECTIVE IMMEDIATELY.NIKE - ADAM SUSSMAN, PREVIOUSLY NIKE'S CHIEF DIGITAL OFFICER, ALSO WILL ASSUME AN EXPANDED ROLE TO BECOME VP, GM NIKE DIRECT DIGITAL AND GEOGRAPHIES.  Full Article

Nike Sets Quarterly Cash Dividend Of $0.22Per Share
Thursday, 15 Nov 2018 04:15pm EST 

Nike Inc ::NIKE, INC. ANNOUNCES 10 PERCENT INCREASE IN QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.22PER SHARE.  Full Article

Nike Expects Strong Currency-Neutral Revenue Growth In Q2 In Line With 9 Pct Currency-Neutral Revenue Growth Co Delivered In Q1
Tuesday, 25 Sep 2018 07:22pm EDT 

Sept 25 (Reuters) - Nike Inc ::CFO - "IN NORTH AMERICA, WE HAVE RETURNED TO STRONG SUSTAINABLE GROWTH" - CONF CALL.MAINTAINING FULL YEAR GUIDANCE FOR FISCAL YEAR 2019; EXPECTS REVENUE GROWTH IN HIGH SINGLE DIGITS.EXPECTS LESS GROSS MARGIN EXPANSION IN THE FIRST HALF OF THE YEAR AS COMPARED TO THE SECOND HALF OF THE YEAR.EXPECT SG&A GROWTH IN LOW TEENS IN Q2 DRIVEN BY TIMING OF INVESTMENTS IN SPORTS MARKETING, INVESTMENT IN NEW DIGITAL CAPABILITIES.EXPECTS Q2 EXPANSION APPROACHING THE SAME LEVEL OF EXPANSION THAT CO DELIVERED IN Q1.EXPECTS STRONG CURRENCY-NEUTRAL REVENUE GROWTH IN Q2 IN LINE WITH 9 PERCENT CURRENCY-NEUTRAL REVENUE GROWTH WE DELIVERED IN Q1.CEO SAYS CO HAS SEEN RECORD ENGAGEMENT WITH THE BRAND AS PART OF THE CO'S 30TH ANNIVERSARY JUST DO IT CAMPAIGN."WE KNOW IT'S RESONATED ACTUALLY QUITE STRONGLY WITH CONSUMERS" CEO ON RECENT JUST DO IT CAMPAIGN.  Full Article

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Nike to waive performance targets for pregnant athletes: report

Sportswear giant Nike will waive performance-based targets for 12 months for any of their pregnant athletes after several runners revealed they had their payments frozen, according to a New York Times report on Friday.