Additionally, management believes this non-GAAP financial measure provides investors with additional financial information that should be considered when assessing the Company’s underlying business performance and trends. References to this measure should not be cons...
Company Profile Nike, Inc. specializes in the design, manufacturing and marketing of sports shoes, clothing, and equipment. The group's products are sold primarily under the names Nike, Jordan, Converse Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell. Net sales break down by...
The market expects Nike (NKE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended February 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influe...
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report outlines key recommendations the company’s managers should adopt to remain relevant in its key market segments. However, before delving into these details, it is important to first review Nike’s share perfromance. Figure 1 below shows that the company has had a positive share performance...
Nike, Inc. (NYSE:NKE) is one of the world's largest company in the textile - apparel, footwear and accessories industry. As of Sep. 16, 2022, Nike had a market capitalization of $165.6 billion.1 Nike first began as Blue Ribbon Sports in 1964 and became incorporated as Nike in 1971....
PUMA figures come from the company's yearly group management report. 2023's report can be found here. * Nike's financial year ends May 31st of each year. Revenue figures for Nike were converted from USD to Euros at an exchange rate of 1 USD - 0,93286 Euros (May 31, 2023). Adidas...
Markets December 22, 2023 Nike forecast cut rattles sportswear stocks as spending stumbles The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year. Markets November 7, 2023 Nike sues New Balance...
Mr. Knight led NIKE from a small partnership founded on a handshake to the world’s largest athletic footwear, apparel, and equipment company. Mark G. Parker Mr. Parker, 68, is Executive Chairman of the Board of Directors of the Company and has been a director since 2006. He served as ...
The company backed its fiscal 2024 revenue guidance for up mid-single digits, with gross margin expansion of 130-140 basis points. Analyst currently expect Nike to report Q2 revenue of $13.43B and FY24 revenue of $53.14B. Shares of Nike had spiked about 10% in the immediate aftermath ...