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Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

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15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Nike announces 11 percent increase in quarterly dividend
Thursday, 16 Nov 2017 04:15pm EST 

Nov 16 (Reuters) - Nike Inc :Announces 11 percent increase in quarterly dividend.‍Board of directors has approved a quarterly cash dividend of $0.20 per share on company's outstanding class A and class B common stock​.  Full Article

Nike expects average ROIC in low 30 percent range over next 5 years
Wednesday, 25 Oct 2017 06:41pm EDT 

Oct 25 (Reuters) - Nike Inc :Expects average ROIC in low 30 percent range over next 5 years.Expects gross margin to grow 30 to 50 basis points over next 5 years.Expects to grow North America business in the mid-single digit range over the next five years.Expects to grow EMEA business in the mid-to-high single digit range, Greater China in the low to mid-teen range over the next 5 years.Expects to grow Asia Pacific & Latin America (APLA) business in the high single-digit to low double-digit range over the next 5 years.  Full Article

Nike expects EPS to grow in the mid-teens over the next five years ‍​
Wednesday, 25 Oct 2017 06:40pm EDT 

Oct 25 (Reuters) - Nike Inc :Expects earnings-per-share to grow in the mid-teens over the next five years ‍​.Expects revenue growth in the high-single digits over the next five years ‍​.Expects digital revenues to grow from 15 to 30 percent over a five-year period‍​.  Full Article

Nike Inc Q1 earnings per share $0.57
Tuesday, 26 Sep 2017 04:15pm EDT 

Sept 26 (Reuters) - Nike Inc :Nike Inc reports fiscal 2018 first quarter results.Q1 earnings per share $0.57.Q1 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Qtrly ‍gross margin declined 180 basis points to 43.7 percent​.Qtrly ‍selling and administrative expense decreased 1 percent to $2.9 billion​.Quarter-end ‍inventories for Nike Inc were $5.2 billion, up 6 percent from August 31, 2016​.Qtrly Greater China total revenue $1,108‍​ million versus $1,020 million.Qtrly ‍revenues for Nike Inc were $9.1 billion, flat to prior year on both a reported and currency-neutral basis​.Q1 revenue view $9.08 billion -- Thomson Reuters I/B/E/S.Operating overhead expense up 8% to $2.0 billion driven by realignment costs in quarter.Qtrly Europe, Middle East & Africa total revenue $2,344 million versus $2,262‍​ million.Qtrly operating overhead expense rose driven by realignment costs due to workforce reduction in June & continued investments in Nike direct.Qtrly North America total revenue $3,924 million versus $4,031‍​ million.For quarter, sustained revenue growth in international geographies & Nike direct globally offset by expected decline in North America wholesale revenue.  Full Article

Nordstrom names Kelley Hall Chief Accounting Officer
Monday, 21 Aug 2017 12:00pm EDT 

Aug 21 (Reuters) - Nordstrom Inc ::Nordstrom names Kelley Hall Chief Accounting Officer.Hall most recently serving as vice president and CFO for Nike Inc's Enterprise Operations​.  Full Article

Soros Fund Management dissolves share stake in IBM
Monday, 14 Aug 2017 05:57pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in IBM - SEC filing.Soros Fund Management takes share stake in Nike Inc for 4,700 Class B shares.Soros Fund Management - Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017‍​.  Full Article

Nike declares $0.18 quarterly dividend
Thursday, 10 Aug 2017 04:15pm EDT 

Aug 10 (Reuters) - Nike Inc -:Nike Inc declares $0.18 quarterly dividend.  Full Article

Nike CEO Mark Parker's 2017 total compensation $13.9 mln vs $47.6 mln in 2016 - SEC filing
Tuesday, 25 Jul 2017 06:15pm EDT 

July 25 (Reuters) - Nike Inc :Says CEO Mark Parker's fiscal year 2017 total compensation was $13.9 million versus $47.6 million in fiscal year 2016 - SEC filing.Says CEO Mark Parker's fiscal year 2016 total compensation includes $33.5 million of stock awards.Says president, Nike Brand Trevor Edwards' fiscal year 2017 total compensation was $5.0 million versus $6.6 million in fiscal year 2016.  Full Article

Nike Q4 earnings per share $0.60
Thursday, 29 Jun 2017 04:15pm EDT 

June 29 (Reuters) - Nike Inc ::Nike Inc reports fiscal 2017 fourth quarter and full year results.Q4 earnings per share $0.60.Q4 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Q4 revenue $8.7 billion versus I/B/E/S view $8.63 billion.Nike Inc - qtrly gross margin declined 180 basis points to 44.1 percent.Nike Inc - qtrly selling and administrative expense decreased 4 percent to $2.7 billion.Nike Inc - inventories for Nike Inc at quarter-end were $5.1 billion, up 4 percent from May 31, 2016.Nike Inc - Q4 western Europe total revenue $‍1,564​ million versus $1,502 million.Nike Inc qtrly North America total revenue $3,753 million versus $3,735 million.Nike Inc - Q4 Greater China total revenue $‍1,087​ million versus $979 million.Nike Inc - international geographies and direct-to-consumer (DTC) businesses globally led "strong" revenue growth in Q4 and full year.  Full Article

BRIEF-Zotefoams Announces Strategic Partnership With Nike

* STRATEGIC PARTNERSHIP WITH NIKE TO DEVELOP FOOTWEAR TECHNOLOGY AND SUPPLY MATERIALS FOR GLOBAL FOOTWEAR, APPAREL AND EQUIPMENT COMPANY