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Nike Inc   (NYSE: NKE)
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Price: $78.8400 $2.10 2.737%
Day's High: $77.51 Week Perf: 0.33 %
Day's Low: $ 76.31 30 Day Perf: 2.92 %
Volume (M): 759 52 Wk High: $ 123.39
Volume (M$): $ 58,628 52 Wk Avg: $89.63
Open: $76.79 52 Wk Low: $70.75



 Market Capitalization (Millions $) 118,418
 Shares Outstanding (Millions) 1,502
 Employees 79,400
 Revenues (TTM) (Millions $) 50,012
 Net Income (TTM) (Millions $) 5,301
 Cash Flow (TTM) (Millions $) 2,307
 Capital Exp. (TTM) (Millions $) 679

Nike Inc
Nike Inc. founded in 1964 as Blue Ribbon Sports and officially renamed Nike, Inc. in 1971, is a global powerhouse in the athletic footwear, apparel, equipment, and accessories market. The company is headquartered in Beaverton, Oregon, and is recognized for its innovative designs, strong brand identity, and commitment to performance excellence.

Nikes principal business activities include the design, development, and worldwide marketing of high-quality athletic products. As the largest seller of athletic footwear and apparel globally, Nike has established an extensive distribution network. The company sells its products through various channels, including retail accounts, independent distributors, licensees, and subsidiaries across more than 120 countries.

A significant aspect of Nikes operations is its reliance on independent contractors for manufacturing. The vast majority of Nikes footwear and apparel is produced outside of the United States. This strategic approach allows the company to leverage cost efficiencies and manufacturing expertise available in various international markets. While most of the footwear and apparel is outsourced, Nikes equipment products are manufactured in both the U.S. and abroad.

Nike continues to place a strong emphasis on innovation and sustainability. The company invests significantly in research and development to enhance product performance and address evolving consumer preferences. Sustainability initiatives are also a key focus, with programs aimed at reducing environmental impact across their supply chain, from material sourcing to product lifecycle management.

In terms of brand identity, Nike has successfully cultivated a strong presence in both elite sports and everyday fitness through endorsements, sponsorships, and marketing campaigns featuring high-profile athletes and teams. The iconic Swooshlogo and the Just Do Itslogan are synonymous with sports culture and have contributed to the companys strong global brand equity.

In recent years, Nike has increasingly embraced digital transformation, enhancing its e-commerce platforms and leveraging technology to improve consumer engagement. The company has developed apps and direct-to-consumer strategies, which have proven particularly effective in reaching customers directly, fostering brand loyalty, and adapting to changing shopping habits.

Overall, Nike Inc. operates as a leader in the athletic industry, focusing on innovation, sustainability, and a consumer-centric approach to maintain its competitive edge in a dynamic marketplace.


   Company Address: One Bowerman Drive Beaverton 97005 OR
   Company Phone Number: 671-6453   Stock Exchange / Ticker: NYSE NKE


Customers Net Income grew by NKE's Customers Net Profit Margin grew to

62 %

5.47 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LULU        15.93% 
PUMETR        15.93% 
PVH        0.83% 
RL   -2.47%    
SKX   -0.34%    
VFC        4.16% 
• View Complete Report
   



Announcement

Nike Faces Legal Challenge Shareholder Lawsuit Deadline Approaches Amid Financial Decline,

Published Thu, Aug 8 2024 2:46 AM UTC

Nike Shareholders Under Scrutiny: Lead Plaintiff Deadline Approaches Amid Financial WoesIn a significant reminder for investors, ClaimsFiler has announced that the deadline to file lead plaintiff applications in a class action lawsuit against NIKE, Inc. (NYSE: NKE) is set for August 19, 2024 . The lawsuit, which is currently pending in the United States District Court for ...

Nike Inc

Nike Inc. Reports a Surprising 1.7% Dip in Q4 2024 Revenues: What It Means for the Future



Nike, the sports apparel giant, recently reported its fiscal year 2024 fourth quarter and full-year financial results. While the company's revenues showed a slight increase on a currency-neutral basis, the stock performance has been trailing behind the overall market. This article will analyze the financial results and discuss how these challenges might impact Nike's future prospects.
Decreased Revenues and Stock Performance:
In the fourth quarter of 2024, Nike experienced a 2 percent dip in revenues on a reported basis, reaching $12.6 billion. However, when analyzed on a currency-neutral basis, revenues remained flat. Although this slight downturn in revenue was not alarming, it certainly contributed to the company's worsening stock performance.

Stocks on the Move

Nikes Struggle Continues as Stock Plummets and Sales Decline

Published Wed, Jul 10 2024 7:15 PM UTC

Nike, the renowned sporting giant, is facing significant challenges as it grapples with weaker-than-expected sales and a plummeting stock price. The company s woes have led to the introduction of a new $100-and-under sneaker line as a means to revive consumer interest and combat declining revenues.On June 29, 2024, Nike s chief financial officer confirmed the launch of the a...

Nike Inc

2. Financial Analysis of Nike Inc's Third Quarter Performance in Fiscal Year 2024

The recently released financial results of Nike Inc. for the third quarter of fiscal year 2024 have provided valuable insights into the company's performance. While the overall revenue showed a slight increase, there were notable variations within different segments of the business.
Nike's third quarter revenues reached $12.4 billion, indicating a marginal increase on both a reported and currency-neutral basis. This growth is encouraging, suggesting that the company's efforts to drive sales have had some success.

Stock Transactions

Nike Reports Slight Growth in Q3 Revenues, with Digital Sales Taking a Dip

Published Thu, Mar 21 2024 8:15 PM UTC



In a press release shared today, Nike Inc. has unveiled its financial results for the third quarter of fiscal year 2024. The global sportswear giant reported a marginal increase in revenues, both on a reported and currency-neutral basis. However, while Nike Direct revenues saw a slight uptick, digital sales for the Nike Brand experienced a decline. Let's delve into...







Nike Inc's Segments
NIKE Brand    95.88 % of total Revenue
NIKE Brand NORTH AMERICA    41.64 % of total Revenue
NIKE Brand EUROPE MIDDLE EAST AFRICA    27.12 % of total Revenue
NIKE Brand GREATER CHINA    14.38 % of total Revenue
NIKE Brand ASIA PACIFIC LATIN AMERICA    12.62 % of total Revenue
CONVERSE    4.32 % of total Revenue
Global Brand Divisions    0.12 % of total Revenue
Corporate    -0.2 % of total Revenue
Sales to Wholesale Customers    57.68 % of total Revenue
Sales through Direct to Consumer    42.08 % of total Revenue
Other    0.23 % of total Revenue
Footwear    68.15 % of total Revenue
Apparel    26.31 % of total Revenue
Equipment    5.31 % of total Revenue
NIKE Brand Sales to Wholesale Customers    55.31 % of total Revenue
NIKE Brand Sales through Direct to Consumer    40.44 % of total Revenue
NIKE Brand Other    0.12 % of total Revenue
NIKE Brand NORTH AMERICA Sales to Wholesale Customers    21.36 % of total Revenue
NIKE Brand NORTH AMERICA Sales through Direct to Consumer    20.29 % of total Revenue
NIKE Brand EUROPE MIDDLE EAST AFRICA Sales to Wholesale Customers    17.9 % of total Revenue
NIKE Brand EUROPE MIDDLE EAST AFRICA Sales through Direct to Consumer    9.22 % of total Revenue
NIKE Brand GREATER CHINA Sales to Wholesale Customers    8.38 % of total Revenue
NIKE Brand GREATER CHINA Sales through Direct to Consumer    6 % of total Revenue
NIKE Brand ASIA PACIFIC LATIN AMERICA Sales to Wholesale Customers    7.68 % of total Revenue
NIKE Brand ASIA PACIFIC LATIN AMERICA Sales through Direct to Consumer    4.94 % of total Revenue
CONVERSE Sales to Wholesale Customers    2.37 % of total Revenue
CONVERSE Sales through Direct to Consumer    1.64 % of total Revenue
CONVERSE Other    0.31 % of total Revenue
Footwear NIKE Brand    64.39 % of total Revenue
Footwear NIKE Brand NORTH AMERICA    27.72 % of total Revenue
Footwear NIKE Brand EUROPE MIDDLE EAST AFRICA    16.84 % of total Revenue
Footwear NIKE Brand GREATER CHINA    10.75 % of total Revenue
Footwear NIKE Brand ASIA PACIFIC LATIN AMERICA    9.08 % of total Revenue
Footwear CONVERSE    3.76 % of total Revenue
Apparel NIKE Brand    26.16 % of total Revenue
Apparel NIKE Brand NORTH AMERICA    11.49 % of total Revenue
Apparel NIKE Brand EUROPE MIDDLE EAST AFRICA    8.57 % of total Revenue
Apparel NIKE Brand GREATER CHINA    3.11 % of total Revenue
Apparel NIKE Brand ASIA PACIFIC LATIN AMERICA    3 % of total Revenue
Apparel CONVERSE    0.15 % of total Revenue
Equipment NIKE Brand    5.2 % of total Revenue
Equipment NIKE Brand NORTH AMERICA    2.44 % of total Revenue
Equipment NIKE Brand EUROPE MIDDLE EAST AFRICA    1.71 % of total Revenue
Equipment NIKE Brand GREATER CHINA    0.52 % of total Revenue
Equipment NIKE Brand ASIA PACIFIC LATIN AMERICA    0.53 % of total Revenue
Equipment CONVERSE    0.1 % of total Revenue
Other NIKE Brand    0.12 % of total Revenue
Other CONVERSE    0.31 % of total Revenue
Global Brand Divisions Other    0.12 % of total Revenue
Corporate Other    -0.2 % of total Revenue





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