We will start with prepared remarks and then open up for questions. Today's call will be abbreviated as compared to past earnings calls. In order to allow as many of you to ask questions as possible in our allotted time, we would appreciate you limiting yourself to one question. I'll no...
Joining us on today’s call will be NIKE, Inc. President and CEO, John Donahoe; and our Chief Financial Officer, Matt Friend. Following their prepared remarks, we will take your questions. We would like to allow as many of you to ask questions as possible, in our allotted time, so we...
EARNINGS BEFORE INTEREST AND TAXES1 1,352 1,470 -8 % 4,866 4,977 -2 % EBIT margin1 10.9 % 11.9 % 12.6 % 13.0 % Interest expense (income), net (52 ) (7 ) — (108 ) 22 — TOTAL NIKE, INC. INCOME BEFORE ...
The conference call will be broadcast live over the Internet and can be accessed athttps://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through...
Theeffective tax ratewas 14.9 percent, compared to 18.2 percent for the same period last year, due to changes in earnings mix and one-time items including the benefit provided by the delay of the effective date of US foreign tax regulations in the first quarter of fiscal 2024. ...
The article reports on the decline in the earnings of Nike Inc. in the fourth-quarter period.EBSCO_bspWall Street Journal - Eastern EditionKangStephanie
The California-born athlete was drafted by the Minnesota Timberwolves in 1996 during the first round as the fifth pick, according to ESPN. He was traded that same day to the Milwaukee Bucks with a three-year rookie contract valued at $6.2 million, per Spotrac. Allen’s earnings helped him ...
On the company’s third-quarter earnings call last week, Donahoe said: “Looking at our business, Q3 performed in line with our expectations. That said, we know Nike is not performing at our potential.” In the third quarter, the athletic giant said revenues grew marginally over last year ...
In the earnings call, Nike CEO John Donahoe has mentioned plans of making their sales via the e-commerce space account for half of their total sales in the future. Why does this matter?It is still a pandemic, and many of its physical stores are still closed....
Expanding Focus on Digital and First Party Data Analytics:During Nike’s Q3 2020 earnings call that took place on March 18th, executives reported the company’s digital business has grown over 70% year-to-date. In a year characterized by significant ecommerce gains, Nike’s digital growth is...