Welcome to our dedicated page for Nike Cl B news (Ticker: NKE), a resource for investors and traders seeking the latest updates and insights on Nike Cl B stock.
Nike, Inc. (NKE) remains a global leader in athletic innovation, delivering cutting-edge footwear and performance apparel through strategic partnerships and consumer-focused design. This dedicated news hub provides investors and industry observers with essential updates directly impacting the company's market position and operational strategy.
Access timely corporate announcements including quarterly earnings reports, product launch details, executive leadership changes, and sustainability initiatives. Our curated collection features official press releases covering manufacturing advancements, retail expansions, and brand collaborations like the notable NikeSKIMS partnership.
Monitor critical developments across Nike's core business segments: performance footwear innovations, direct-to-consumer sales growth, global supply chain enhancements, and athlete endorsement programs. Stay informed about material events affecting the $30B+ athletic apparel market through verified financial disclosures and operational updates.
Bookmark this page for structured access to Nike's latest strategic moves, maintaining awareness of both immediate developments and long-term brand initiatives in the competitive sportswear sector.
NIKE, Inc. (NYSE:NKE) has appointed Mónica Gil and Bob Swan to its Board of Directors. Gil, currently Chief Administrative and Marketing Officer at NBCUniversal Telemundo Enterprises, brings expertise in consumer behavior and digital marketing. Swan, former CEO of Intel Corporation, has vast experience in managing large organizations and driving sales growth, with a track record of increasing Intel's annual sales by $25 billion. Mark Parker, Executive Chairman, expressed confidence that their leadership will help NIKE advance its strategy and create value in the sports sector.
NIKE, Inc. (NYSE: NKE) will release its first quarter fiscal 2023 financial results on September 29, 2022, at approximately 1:15 p.m. PT. Following the announcement, management will conduct a conference call at 2:00 p.m. PT to discuss the results. Investors can access the live broadcast and an archived version until October 20, 2022, at http://investors.nike.com. NIKE, based in Beaverton, Oregon, is a leading designer and distributor of athletic footwear and apparel.
Dutch Bros Inc. has appointed Ann Miller to its Board of Directors, expanding the board to nine members. Miller is currently the Executive Vice President and Chief Legal Officer at NIKE and has extensive experience in corporate governance. Her role at Dutch Bros includes serving on the Audit and Risk Committee. The company aims to enhance its governance while continuing to grow in the competitive food service and restaurant industry, focusing on high-quality beverages and community-driven culture.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.305 per share on its Class A and Class B Common Stock. The dividend will be payable on October 3, 2022, to shareholders of record by the close of business on September 6, 2022. This decision reflects NIKE's ongoing commitment to returning value to its shareholders and maintaining a strong financial position in the competitive athletic footwear and apparel market.
NIKE, Inc. (NYSE:NKE) reported its fiscal 2022 Q4 results with revenues of $12.2 billion, a 1% decline year-over-year but up 3% on a currency-neutral basis. NIKE Direct revenues grew 7% to $4.8 billion. Gross margin decreased 80 basis points to 45%. Net income was $1.4 billion, down 5%, resulting in diluted EPS of $0.90, a 3% decrease. The Board authorized an $18 billion share repurchase program. For the full year, revenues increased 5% to $46.7 billion with net income up 6%.
NIKE, Inc. (NYSE: NKE) will release its fourth quarter fiscal 2022 financial results on June 27, 2022, at around 1:15 p.m. PT. A conference call to discuss these results will follow at 2:00 p.m. PT. Investors can access the live broadcast online at investors.nike.com, with an archived version available until July 18, 2022. NIKE, based in Beaverton, Oregon, is a leading designer and distributor of athletic footwear, apparel, and equipment.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.305 per share for its outstanding Class A and Class B Common Stock. This dividend will be payable on July 1, 2022, to shareholders recorded by June 6, 2022. This announcement reflects the company's commitment to returning value to its shareholders while maintaining its status as a leading designer and distributor of athletic footwear and apparel.
NIKE, Inc. (NYSE:NKE) reported a 5% revenue increase for fiscal Q3 2022, totaling $10.9 billion, with a notable 15% surge in NIKE Direct sales to $4.6 billion. Digital sales soared 19%, driven by a 33% rise in North America. Gross margin expanded by 100 basis points to 46.6%. However, net income dipped 4% to $1.4 billion, with diluted EPS at $0.87. The company continues to return value to shareholders, with $1.7 billion returned in Q3, including a 12% increase in dividends. Management cited strong consumer demand despite supply chain challenges.
NIKE, Inc. (NYSE: NKE) will release its third quarter fiscal 2022 financial results on March 21, 2022, at approximately 1:15 p.m. PT. Following the release, management will host a conference call at 2:00 p.m. PT to discuss the results.
The conference call will be streamed live and available for later access until April 11, 2022, at 9:00 p.m. PT. For more details, visit investors.nike.com.
NIKE, Inc. (NYSE: NKE) declared a quarterly cash dividend of $0.305 per share on its Class A and Class B Common Stock. This dividend will be payable on April 1, 2022, to shareholders of record as of the close of business on March 7, 2022. This announcement reflects NIKE's commitment to returning value to its shareholders while maintaining its position as a leading designer and distributor of athletic wear worldwide.
