Welcome to our dedicated page for Nike news (Ticker: NKE), a resource for investors and traders seeking the latest updates and insights on Nike stock.
Nike, Inc. (symbol: NKE) is a globally recognized American multinational corporation headquartered in Beaverton, Oregon. Established in 1964, Nike has grown to become the largest athletic footwear and apparel brand in the world. The company's core business revolves around the design, development, manufacturing, and global marketing and sales of footwear, apparel, equipment, accessories, and services.
Nike's product lineup includes key categories such as basketball, running, and football (soccer). The company's brands include Nike, Jordan, and Converse, with footwear contributing approximately two-thirds of its total sales. Nike's products are distributed worldwide through a mix of company-owned stores, franchised stores, and third-party retailers. Additionally, Nike operates e-commerce platforms in over 40 countries, enhancing its global reach and accessibility for consumers.
To keep up with demand, nearly all of Nike's production is outsourced to contract manufacturers located in more than 30 countries. The company's strategic partnerships and collaborations with athletes, sports teams, and celebrities further fortify its market presence and brand loyalty.
Recent achievements for Nike include advancements in sustainable manufacturing practices, innovative product launches, and significant digital sales growth driven by its robust e-commerce infrastructure. Financially, Nike remains strong, continuing to generate substantial revenue and profit margins, which reflects its dominant position in the market.
Stay updated with the latest developments, financial performance, and news about Nike, Inc. to understand how this industry leader continually shapes the future of sports and lifestyle apparel.
NIKE, Inc. (NYSE: NKE) is set to release its second quarter fiscal 2022 financial results on December 20, 2021, at 1:15 p.m. PT. Following this, a conference call will be held at 2:00 p.m. PT to discuss the results. The call will be accessible live via the internet, with an archived version available until January 10, 2022. NIKE is recognized globally for designing, marketing, and distributing athletic footwear, apparel, and equipment across various sports.
DICK'S Sporting Goods (NYSE: DKS) and NIKE (NYSE: NKE) announced a transformative partnership to enhance the shopping experience for their customers. The collaboration allows users to connect their DICK'S Scorecard and NIKE Membership accounts via the DICK'S mobile app, granting access to exclusive products and member-only events. Key features include member-exclusive launches, such as a NIKE Air Force 1 release on Nov. 4, 2021, and in-store events starting in November. The partnership aims to deliver better experiences and meet evolving customer needs.
NIKE, Inc. (NYSE:NKE) reported strong fiscal Q1 2022 results, with revenues reaching $12.2 billion, a 16% increase year-over-year. NIKE Direct sales surged 28% to $4.7 billion, while digital sales saw a 29% increase. Gross margin improved by 170 basis points to 46.5%. Diluted earnings per share rose 22% to $1.16. The company returned approximately $1.2 billion to shareholders, including $435 million in dividends. Strong demand and innovative strategies are driving NIKE’s growth, even amidst supply chain challenges.
NIKE, Inc. (NYSE: NKE) will release its first quarter fiscal 2022 financial results on September 23, 2021, at 1:15 p.m. PT. A conference call is scheduled for 2:00 p.m. PT to discuss the results, which will be accessible live via the NIKE investor website. An archived version of the call will be available until October 7, 2021.
As the leading designer and distributor of athletic footwear and apparel, NIKE continues to engage shareholders with timely updates on financial performance and strategic direction.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share on Class A and Class B Common Stock. This dividend is payable on October 1, 2021, to shareholders on record as of the close of business on August 30, 2021. This announcement reaffirms NIKE's commitment to returning value to its shareholders.
NIKE, Inc. (NYSE:NKE) reported strong fourth-quarter results for fiscal 2021, with revenues reaching $12.3 billion, a 96% increase year-over-year and 21% compared to 2019. Full year revenues rose 19% to $44.5 billion. NIKE Direct sales surged 73% to $4.5 billion. Gross margin improved by 850 basis points to 45.8%. Diluted EPS was $0.93 for the quarter and $3.56 for the year. The company's strong digital presence and recovery in wholesale shipments fueled this growth, along with record sales in North America and a continuing focus on innovation.
NIKE, Inc. (NYSE: NKE) is set to announce its fourth quarter fiscal 2021 financial results on June 24, 2021, at 1:15 p.m. PT. Following this release, a conference call will be held at 2:00 p.m. PT to discuss these results. The call will be available for live streaming on their investor relations website, with an archived version accessible until July 8, 2021.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share on its outstanding Class A and Class B Common Stock. This dividend will be payable on July 1, 2021, to shareholders of record at the close of business on June 1, 2021. NIKE, based near Beaverton, Oregon, is the leading designer and marketer of athletic footwear and apparel, operating a subsidiary brand, Converse, which specializes in athletic lifestyle products.
NIKE, Inc. (NYSE:NKE) reported fiscal 2021 third-quarter revenues of $10.4 billion, a 3% increase year-over-year. Gross margin improved by 130 basis points to 45.6%, and diluted earnings per share rose to $0.90, up 70%. Despite a strong digital sales increase of 59% and a notable 51% revenue surge in Greater China, North America faced a 10% revenue decline due to supply chain issues. The company continues to focus on direct-to-consumer strategies, and dividend payouts increased by 14% compared to the previous year.
NIKE, Inc. (NYSE:NKE) has announced significant senior leadership changes aimed at enhancing its Consumer Direct Acceleration strategy. Sarah Mensah has been appointed VP/GM for North America, while Amy Montagne takes the role of VP/GM for APLA. Both leaders bring extensive experience from their previous positions. Additionally, Aaron Cain has been named VP/GM for Men’s, focusing on product specialization. These roles are effective immediately, aiming to drive growth and brand momentum across key global markets.
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