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) 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 The call will be available for live streaming on their investor relations website, with an archived version accessible until July 8, 2021.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.
NIKE, Inc. (NYSE:NKE) has announced the departure of Ann Hebert, Vice President and General Manager of North America, effective March 1. Hebert leaves after over 25 years with NIKE. The company is set to announce a new head for its North American division soon. This change comes during a significant period for NIKE, known for its athletic footwear and apparel leadership within the market.
NIKE, Inc. (NYSE: NKE) will announce its third quarter fiscal 2021 financial results on March 18, 2021, after the market close. A conference call with management will take place at 2:00 p.m. PT to discuss the results, which will be accessible via live broadcast on NIKE's investor website. Archived audio of the call will be available until April 8, 2021. NIKE is recognized globally as a leading designer and distributor of athletic footwear, apparel, and accessories, including its subsidiary brand, Converse.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share on its Class A and Class B Common Stock. This dividend will be payable on April 1, 2021, to shareholders of record as of the close of business on March 1, 2021. This announcement reflects NIKE's commitment to returning value to its shareholders.
NIKE reported fiscal Q2 2021 revenues of $11.2 billion, increasing 9% year-over-year. NIKE Direct sales rose 32% to $4.3 billion, with digital sales soaring 84%. Gross margin slightly dipped to 43.1%% due to promotional activities linked to COVID-19. Net income was $1.3 billion, an 12% increase, while diluted EPS reached $0.78, up 11%. Despite challenges from store closures and reduced foot traffic, NIKE's inventory levels improved 2%. The company continues a strong dividend tradition, paying $385 million to shareholders.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share, a 12% increase from the previous $0.245. This dividend is payable on December 29, 2020 to shareholders of record by December 7, 2020. This marks NIKE's 19th consecutive year of dividend increases, reflecting the company’s financial strength and commitment to returning capital to shareholders. The company continues to invest in digital transformation initiatives aimed at driving long-term growth.
