Edition:
United States

Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

76.96USD
20 Jul 2018
Change (% chg)

$0.01 (+0.01%)
Prev Close
$76.95
Open
$76.22
Day's High
$77.07
Day's Low
$76.16
Volume
1,883,491
Avg. Vol
1,993,755
52-wk High
$81.00
52-wk Low
$50.35

Latest Key Developments (Source: Significant Developments)

Nike Says Greg Thompson, Nike's Vice President Of Footwear, Has Left The Company
Wednesday, 18 Apr 2018 11:17pm EDT 

April 18 (Reuters) - Nike Inc ::SAYS GREG THOMPSON, NIKE'S VICE PRESIDENT OF FOOTWEAR, HAS LEFT THE COMPANY.  Full Article

Nike Inc Acquires Computer Vision Leader Invertex
Monday, 9 Apr 2018 04:30pm EDT 

April 9 (Reuters) - Nike Inc ::NIKE INC ACQUIRES COMPUTER VISION LEADER INVERTEX.NIKE INC SAYS HAS ACQUIRED INVERTEX LTD, A COMPUTER VISION FIRM BASED IN TEL AVIV, ISRAEL.  Full Article

Nike Expects Q4 Revenue To Grow In High Single-Digit Range- Conf. Call‍​
Thursday, 22 Mar 2018 05:40pm EDT 

March 22 (Reuters) - Nike Inc ::NIKE INC SAYS "BECAME AWARE OF SOME BEHAVIORAL ISSUES THAT ARE INCONSISTENT WITH NIKE'S VALUES OF INCLUSIVITY, RESPECT AND EMPOWERMENT" - CONF. CALL‍​.NIKE INC SAYS NOW EXPECT TO GROW NIKE AIR BUSINESS BY SEVERAL BILLION DOLLARS OVER NEXT FEW YEARS.NIKE INC SAYS SAW STRONG CONSUMER RESPONSE FOR NIKEPLUS MEMBERSHIP IN Q3 WITH NEW MEMBERS RISING MORE THAN 50% VERSUS THE SAME PERIOD LAST YEAR.NIKE INC SAYS IN Q4, TO DEBUT NEW CONCEPT CALLED NIKE APP AT RETAIL AT THE GROVE IN LOS ANGELES AND IN PORTLAND‍​.NIKE INC SAYS ACQUIRED CONSUMER DATA AND ANALYTICS FIRM NAMED ZODIAC.NIKE INC SAYS ZODIAC WILL PRIMARY FOCUS ON NIKEPLUS MEMBERS.NIKE INC SAYS SPORTSWEAR CATEGORY CONTINUES TO GROW DOUBLE DIGITS WITH STRONG GROWTH ACROSS BOTH FOOTWEAR AND APPAREL.NIKE INC SAYS NIKE NORTH AMERICA REVENUE IS PROJECTED TO BE ROUGHLY FLAT TO PRIOR YEAR IN Q4 AND RETURN TO GROWTH IN FIRST HALF OF FISCAL YEAR 2019.NIKE SAYS EXPECT Q4 REPORTED REVENUE TO GROW IN HIGH SINGLE-DIGIT RANGE, EXPECT ROUGHLY FLAT Q4 GROSS MARGIN TO VERY SLIGHTLY UP VERSUS PRIOR YEAR.NIKE SAYS CURRENTLY EXPECT FISCAL YEAR '19 REPORTED REVENUE GROWTH IN THE MID TO HIGH SINGLE-DIGIT RANGE.  Full Article

Nike Q3 Loss Per Share $0.57
Thursday, 22 Mar 2018 04:15pm EDT 

March 22 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 LOSS PER SHARE $0.57.Q3 REVENUE $9.0 BILLION VERSUS I/B/E/S VIEW $8.85 BILLION.Q3 EARNINGS PER SHARE VIEW $0.53 -- THOMSON REUTERS I/B/E/S.IMPACT OF TAX ACT RESULTED IN ONE-TIME PROVISIONAL CHARGES THAT REDUCED DILUTED EARNINGS PER SHARE BY $1.25 IN QUARTER.QTRLY NORTH AMERICA TOTAL REVENUE $3,571 MILLION VERSUS $3,782 MILLION REPORTED LAST YEAR.QTRLY GREATER CHINA TOTAL REVENUE $1,336 MILLION VERSUS $1,075 MILLION REPORTED LAST YEAR.NIKE - "CONSUMER DIRECT OFFENSE DROVE STRONG DOUBLE-DIGIT GROWTH ACROSS OUR INTERNATIONAL GEOGRAPHIES, LED BY GREATER CHINA" IN QUARTER.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.4 BILLION, UP 9 PERCENT FROM FEBRUARY 28, 2017.QTRLY GROSS MARGIN DECLINED 70 BASIS POINTS TO 43.8 PERCENT.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 11 PERCENT TO $2.8 BILLION.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE $2,299 MILLION, UP 19 PERCENT."AS WE CLOSE Q3, WE NOW SEE A SIGNIFICANT REVERSAL OF TREND IN NORTH AMERICA".AS A RESULT OF U.S. TAX REFORM, RECORDED ADDITIONAL INCOME TAX EXPENSE OF $2.0 BILLION IN QUARTER.  Full Article

Bill Ackman Cashes Out Of Nike Investment With Roughly $100 mln Profit - Source‍​
Thursday, 22 Mar 2018 01:54pm EDT 

March 22 (Reuters) - :BILL ACKMAN CASHES OUT OF NIKE INVESTMENT WITH ROUGHLY $100 MILLION PROFIT - SOURCE‍​.  Full Article

Nike Vice President Jayme Martin Exits Co - WSJ
Friday, 16 Mar 2018 01:15pm EDT 

March 16 (Reuters) - :NIKE VICE PRESIDENT JAYME MARTIN, WHO REPORTED TO TREVOR EDWARDS, EXITS NIKE - WSJ, CITING SOURCES ‍​.  Full Article

Nike, Inc. Announces That Mark Parker Will Continue As Chairman, President And CEO Beyond 2020
Thursday, 15 Mar 2018 05:59pm EDT 

March 15 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES THAT MARK PARKER WILL CONTINUE AS CHAIRMAN, PRESIDENT AND CEO BEYOND 2020.NIKE INC - ‍TREVOR EDWARDS, NIKE BRAND PRESIDENT, TO RETIRE FROM NIKE​.NIKE INC - ‍MARK PARKER WILL REMAIN AS CHAIRMAN, PRESIDENT AND CEO BEYOND 2020​.NIKE INC - ‍ELLIOTT HILL, FORMER PRESIDENT OF NIKE GEOGRAPHIES, WILL TAKE ON NEW ROLE AS PRESIDENT OF CONSUMER AND MARKETPLACE​.NIKE INC - ‍ TREVOR EDWARDS WILL SERVE AS ADVISOR TO MARK PARKER UNTIL HIS RETIREMENT AS NIKE TRANSITIONS ITS ORGANIZATION​.NIKE INC - ‍HILL WILL BE RESPONSIBLE FOR MARKETING, GEOGRAPHIES, NIKE DIRECT AND GLOBAL SALES​.NIKE INC - ‍MICHAEL SPILLANE WILL CONTINUE TO LEAD ALL CATEGORIES, DESIGN, PRODUCT AND MERCHANDISING​.NIKE INC - ‍EDWARDS TO RETIRE FROM NIKE IN AUGUST​.  Full Article

Nike Inc Declares $0.20 Quarterly Dividend
Thursday, 15 Feb 2018 04:15pm EST 

Feb 15 (Reuters) - Nike Inc ::NIKE, INC. DECLARES $0.20 QUARTERLY DIVIDEND.  Full Article

Nike Says Q2 Earnings Per Share $0.46
Thursday, 21 Dec 2017 04:15pm EST 

Dec 21 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2018 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.46.Q2 EARNINGS PER SHARE VIEW $0.40 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $8.6 BILLION VERSUS I/B/E/S VIEW $8.39 BILLION.FOR QUARTER, REVENUE GROWTH WAS DRIVEN BY INTERNATIONAL GEOGRAPHIES AND CONTINUED STRENGTH IN NIKE DIRECT.QTRLY GROSS MARGIN DECLINED 120 BASIS POINTS TO 43.0 PERCENT.FOR QUARTER, REVENUE GROWTH WAS PARTLY OFFSET BY AN EXPECTED DECLINE IN NORTH AMERICA WHOLESALE REVENUE.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 10 PERCENT TO $2.8 BILLION.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.3 BILLION, UP 6 PERCENT FROM NOVEMBER 30, 2016.SAYS QTRLY NORTH AMERICA TOTAL REVENUE $3,485 MILLION VERSUS $3,650 MILLION.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUES $2,133 MILLION VERSUS $1,792 MILLION LAST YEAR.QTRLY GREATER CHINA TOTAL REVENUE $1,222 MILLION VERSUS $1,055 MILLION.  Full Article

Zotefoams Announces Strategic Partnership With Nike
Wednesday, 13 Dec 2017 02:00am EST 

Dec 13 (Reuters) - Zotefoams Plc: :STRATEGIC PARTNERSHIP WITH NIKE TO DEVELOP FOOTWEAR TECHNOLOGY AND SUPPLY MATERIALS FOR GLOBAL FOOTWEAR, APPAREL AND EQUIPMENT COMPANY.WILL WORK EXCLUSIVELY WITH NIKE TO DEVELOP AND MANUFACTURE FOAM INNOVATIONS TO BRING TO MARKET HIGH-PERFORMANCE ATHLETIC PRODUCT.  Full Article

Photo

Sports Direct profit dragged down by Debenhams

LONDON British retailer Sports Direct booked an 85.4 million pound ($111.3 million) charge for a disastrous investment in department store chain Debenhams , raising questions over its strategy of taking big stakes in other businesses.