• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    NIKE, Inc. Reports Fiscal 2025 First Quarter Results

    10/1/24 4:15:00 PM ET
    $NKE
    Shoe Manufacturing
    Consumer Discretionary
    Get the next $NKE alert in real time by email

    NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024.

    • First quarter revenues were $11.6 billion, down 10 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis*
    • NIKE Direct revenues were $4.7 billion, down 13 percent on a reported basis and down 12 percent on a currency-neutral basis
    • Wholesale revenues were $6.4 billion, down 8 percent on a reported basis and down 7 percent on a currency-neutral basis
    • Gross margin increased 120 basis points to 45.4 percent
    • Diluted earnings per share was $0.70 for the first quarter, down 26 percent

    On September 19, 2024, NIKE, Inc. announced that the Board of Directors of the Company appointed Elliott Hill as President and CEO of the Company, effective as of October 14, 2024. Given the Company is reporting Q1 results in the midst of a CEO transition, it will address its approach to guidance on the conference call. In addition, the Company's previously announced Investor Day is being postponed.

    "NIKE's first quarter results largely met our expectations. A comeback at this scale takes time, but we see early wins — from momentum in key sports to accelerating our pace of newness and innovation," said Matthew Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. "Our teams are energized as Elliott Hill returns to lead NIKE's next stage of growth."

    First Quarter Income Statement Review

    • Revenues for NIKE, Inc. were $11.6 billion, down 10 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis.
      • NIKE Brand Revenues were $11.1 billion, down 10 percent on a reported basis and down 9 percent on a currency-neutral basis, due to declines across all geographies.
      • NIKE Direct revenues were $4.7 billion, down 13 percent on a reported basis and down 12 percent on a currency-neutral basis, primarily due to a 20 percent decrease in NIKE Brand Digital, partially offset by a 1 percent increase in NIKE-owned stores.
      • Wholesale revenues were $6.4 billion, down 8 percent on a reported basis and down 7 percent on a currency-neutral basis.
      • Revenues for Converse were $501 million, down 15 percent on a reported basis and down 14 percent on a currency-neutral basis, due to declines across all territories.
    • Gross margin increased 120 basis points to 45.4 percent, primarily due to lower NIKE Brand product costs, lower warehousing and logistics costs, and benefits from strategic pricing actions from the prior year.
    • Selling and administrative expense decreased 2 percent to $4.0 billion.
      • Demand creation expense was $1.2 billion, up 15 percent, primarily due to an increase in brand marketing expense, reflecting investment in key sports events.
      • Operating overhead expense decreased 7 percent to $2.8 billion, primarily due to lower wage-related expenses.
    • The effective tax rate was 19.6 percent compared to 12.0 percent for the same period last year, primarily due to a one-time item benefit in the first quarter of the prior year provided by the delay of the effective date of U.S. foreign tax credit regulations.
    • Net income was $1.1 billion, down 28 percent, and Diluted earnings per share was $0.70, a decrease of 26 percent.

    August 31, 2024 Balance Sheet Review

    • Inventories for NIKE, Inc. were $8.3 billion, down 5 percent compared to the prior year, reflecting product mix shifts and lower product input costs.
    • Cash and equivalents and short-term investments were $10.3 billion, up approximately $1.5 billion from last year, as cash generated by operations was partially offset by share repurchases, cash dividends and capital expenditures.

    Shareholder Returns

    NIKE continues to have a strong track record of consistently increasing returns to shareholders, including 22 consecutive years of increasing dividend payouts.

    In the first quarter, the Company returned approximately $1.8 billion to shareholders, including:

    • Dividends of $558 million, up 6 percent from the prior year.
    • Share repurchases of $1.2 billion, reflecting 14.8 million shares retired as part of the Company's four-year, $18 billion program approved by the Board of Directors in June 2022.

    As of August 31, 2024, a total of 99.7 million shares have been repurchased under the program for a total of approximately $10.2 billion.

    Conference Call

    NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on October 1, 2024, to review fiscal first quarter results. The conference call will be broadcast live via the Internet and can be accessed at https://investors.nike.com. For those unable to listen to the live broadcast, an archived version will be available at the same location through approximately 9:00 p.m. PT, October 22, 2024.

    About NIKE, Inc.

    NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.'s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE.

    Forward-Looking Statements

    This press release contains forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed from time to time in reports filed by NIKE with the U.S. Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q and 10-K.

    *

     

    Non-GAAP financial measure. See additional information in the accompanying Divisional Revenues.

    NIKE, Inc.

    CONSOLIDATED STATEMENTS OF INCOME

    (Unaudited)

     

     

     

     

     

    THREE MONTHS ENDED

    %

    (In millions, except per share data)

    8/31/2024

    8/31/2023

    Change

    Revenues

    $

    11,589

     

    $

    12,939

     

    -10

    %

    Cost of sales

     

    6,332

     

     

    7,219

     

    -12

    %

    Gross profit

     

    5,257

     

     

    5,720

     

    -8

    %

    Gross margin

     

    45.4

    %

     

    44.2

    %

     

     

     

     

     

    Demand creation expense

     

    1,226

     

     

    1,069

     

    15

    %

    Operating overhead expense

     

    2,822

     

     

    3,047

     

    -7

    %

    Total selling and administrative expense

     

    4,048

     

     

    4,116

     

    -2

    %

    % of revenues

     

    34.9

    %

     

    31.8

    %

     

     

     

     

     

    Interest expense (income), net

     

    (43

    )

     

    (34

    )

    —

     

    Other (income) expense, net

     

    (55

    )

     

    (10

    )

    —

     

    Income before income taxes

     

    1,307

     

     

    1,648

     

    -21

    %

    Income tax expense

     

    256

     

     

    198

     

    29

    %

    Effective tax rate

     

    19.6

    %

     

    12.0

    %

     

     

     

     

     

    NET INCOME

    $

    1,051

     

    $

    1,450

     

    -28

    %

     

     

     

     

    Earnings per common share:

     

     

     

    Basic

    $

    0.70

     

    $

    0.95

     

    -26

    %

    Diluted

    $

    0.70

     

    $

    0.94

     

    -26

    %

     

     

     

     

    Weighted average common shares outstanding:

     

     

     

    Basic

     

    1,497.7

     

     

    1,528.4

     

     

    Diluted

     

    1,502.0

     

     

    1,543.3

     

     

     

     

     

     

    Dividends declared per common share

    $

    0.370

     

    $

    0.340

     

     

    NIKE, Inc.

    CONSOLIDATED BALANCE SHEETS

    (Unaudited)

     

     

     

     

     

     

     

     

     

    August 31,

    August 31,

    % Change

    (Dollars in millions)

    2024

    2023

    ASSETS

     

     

     

    Current assets:

     

     

     

    Cash and equivalents

    $

    8,485

    $

    6,178

    37

    %

    Short-term investments

     

    1,809

     

    2,612

    -31

    %

    Accounts receivable, net

     

    4,764

     

    4,749

    0

    %

    Inventories

     

    8,253

     

    8,698

    -5

    %

    Prepaid expenses and other current assets

     

    1,729

     

    2,013

    -14

    %

    Total current assets

     

    25,040

     

    24,250

    3

    %

    Property, plant and equipment, net

     

    4,948

     

    5,109

    -3

    %

    Operating lease right-of-use assets, net

     

    2,792

     

    2,939

    -5

    %

    Identifiable intangible assets, net

     

    259

     

    272

    -5

    %

    Goodwill

     

    240

     

    281

    -15

    %

    Deferred income taxes and other assets

     

    4,588

     

    3,935

    17

    %

    TOTAL ASSETS

    $

    37,867

    $

    36,786

    3

    %

    LIABILITIES AND SHAREHOLDERS' EQUITY

     

     

     

    Current liabilities:

     

     

     

    Current portion of long-term debt

    $

    1,000

    $

    —

    100

    %

    Notes payable

     

    12

     

    6

    100

    %

    Accounts payable

     

    3,357

     

    2,738

    23

    %

    Current portion of operating lease liabilities

     

    491

     

    435

    13

    %

    Accrued liabilities

     

    5,075

     

    4,987

    2

    %

    Income taxes payable

     

    693

     

    295

    135

    %

    Total current liabilities

     

    10,628

     

    8,461

    26

    %

    Long-term debt

     

    7,998

     

    8,929

    -10

    %

    Operating lease liabilities

     

    2,625

     

    2,807

    -6

    %

    Deferred income taxes and other liabilities

     

    2,672

     

    2,618

    2

    %

    Redeemable preferred stock

     

    —

     

    —

    —

     

    Shareholders' equity

     

    13,944

     

    13,971

    0

    %

    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

    $

    37,867

    $

    36,786

    3

    %

    NIKE, Inc.

    DIVISIONAL REVENUES

    (Unaudited)

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    % Change Excluding Currency Changes1

     

    THREE MONTHS ENDED

    %

    (Dollars in millions)

    8/31/2024

    8/31/2023

    Change

    North America

     

     

     

     

    Footwear

    $

    3,212

     

    $

    3,733

     

    -14

    %

    -14

    %

    Apparel

     

    1,331

     

     

    1,479

     

    -10

    %

    -10

    %

    Equipment

     

    283

     

     

    211

     

    34

    %

    34

    %

    Total

     

    4,826

     

     

    5,423

     

    -11

    %

    -11

    %

    Europe, Middle East & Africa

     

     

     

     

    Footwear

     

    1,952

     

     

    2,260

     

    -14

    %

    -12

    %

    Apparel

     

    993

     

     

    1,137

     

    -13

    %

    -11

    %

    Equipment

     

    198

     

     

    213

     

    -7

    %

    -6

    %

    Total

     

    3,143

     

     

    3,610

     

    -13

    %

    -12

    %

    Greater China

     

     

     

     

    Footwear

     

    1,246

     

     

    1,287

     

    -3

    %

    -2

    %

    Apparel

     

    360

     

     

    401

     

    -10

    %

    -9

    %

    Equipment

     

    60

     

     

    47

     

    28

    %

    29

    %

    Total

     

    1,666

     

     

    1,735

     

    -4

    %

    -3

    %

    Asia Pacific & Latin America

     

     

     

     

    Footwear

     

    1,052

     

     

    1,141

     

    -8

    %

    -3

    %

    Apparel

     

    348

     

     

    371

     

    -6

    %

    -2

    %

    Equipment

     

    62

     

     

    60

     

    3

    %

    9

    %

    Total

     

    1,462

     

     

    1,572

     

    -7

    %

    -2

    %

    Global Brand Divisions2

     

    14

     

     

    13

     

    8

    %

    20

    %

    TOTAL NIKE BRAND

     

    11,111

     

     

    12,353

     

    -10

    %

    -9

    %

    Converse

     

    501

     

     

    588

     

    -15

    %

    -14

    %

    Corporate3

     

    (23

    )

     

    (2

    )

    —

     

    —

     

    TOTAL NIKE, INC. REVENUES

    $

    11,589

     

    $

    12,939

     

    -10

    %

    -9

    %

     

     

     

     

     

    TOTAL NIKE BRAND

     

     

     

     

    Footwear

    $

    7,462

     

    $

    8,421

     

    -11

    %

    -10

    %

    Apparel

     

    3,032

     

     

    3,388

     

    -11

    %

    -9

    %

    Equipment

     

    603

     

     

    531

     

    14

    %

    15

    %

    Global Brand Divisions2

     

    14

     

     

    13

     

    8

    %

    20

    %

    TOTAL NIKE BRAND REVENUES

    $

    11,111

     

    $

    12,353

     

    -10

    %

    -9

    %

    1The percent change has been calculated using actual exchange rates in use during the comparative prior year period and is provided to enhance the visibility of the underlying business trends by excluding the impact of translation arising from foreign currency exchange rate fluctuations, which is considered a non-GAAP financial measure. Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. 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 considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP and may not be comparable to similarly titled non-GAAP measures used by other companies.

    2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment.

    3 Corporate revenues primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Company's central foreign exchange risk management program.

    NIKE, Inc.

    EARNINGS BEFORE INTEREST AND TAXES1

    (Unaudited)

     

     

     

     

     

     

     

    THREE MONTHS ENDED

    %

    (Dollars in millions)

    8/31/2024

    8/31/2023

    Change

    North America

    $

    1,216

     

    $

    1,434

     

    -15

    %

    Europe, Middle East & Africa

     

    792

     

     

    930

     

    -15

    %

    Greater China

     

    502

     

     

    525

     

    -4

    %

    Asia Pacific & Latin America

     

    402

     

     

    414

     

    -3

    %

    Global Brand Divisions2

     

    (1,227

    )

     

    (1,205

    )

    -2

    %

    TOTAL NIKE BRAND1

     

    1,685

     

     

    2,098

     

    -20

    %

    Converse

     

    121

     

     

    167

     

    -28

    %

    Corporate3

     

    (542

    )

     

    (651

    )

    17

    %

    TOTAL NIKE, INC. EARNINGS BEFORE INTEREST AND TAXES1

     

    1,264

     

     

    1,614

     

    -22

    %

    EBIT margin1

     

    10.9

    %

     

    12.5

    %

     

    Interest expense (income), net

     

    (43

    )

     

    (34

    )

    —

     

    TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES

    $

    1,307

     

    $

    1,648

     

    -21

    %

    1 The Company evaluates the performance of individual operating segments based on earnings before interest and taxes (commonly referred to as "EBIT"), which represents Net income before Interest expense (income), net and Income tax expense. Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. Management uses these non-GAAP financial measures when evaluating the Company's performance, including when making financial and operating decisions. Additionally, management believes these non-GAAP financial measures provide investors with additional financial information that should be considered when assessing the Company's underlying business performance and trends. EBIT margin is calculated as total NIKE, Inc. EBIT divided by total NIKE, Inc. Revenues. References to EBIT and EBIT margin should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP and may not be comparable to similarly titled non-GAAP measures used by other companies.

    2 Global Brand Divisions primarily represent demand creation and operating overhead expense, including product creation and design expenses that are centrally managed for the NIKE Brand, as well as costs associated with NIKE Direct global digital operations and enterprise technology. Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment.

    3 Corporate consists primarily of unallocated general and administrative expenses, including expenses associated with centrally managed departments; depreciation and amortization related to the Company's corporate headquarters; unallocated insurance, benefit and compensation programs, including stock-based compensation; and certain foreign currency gains and losses, including certain hedge gains and losses.

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241001791667/en/

    Get the next $NKE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NKE

    DatePrice TargetRatingAnalyst
    5/6/2025$80.00 → $70.00Market Perform
    Telsey Advisory Group
    4/30/2025$55.00Overweight → Equal Weight
    Wells Fargo
    4/15/2025$58.00Hold
    Berenberg
    3/21/2025$80.00 → $75.00Buy
    Needham
    3/19/2025Hold
    China Renaissance
    2/24/2025$75.00 → $115.00Hold → Buy
    Jefferies
    2/7/2025$102.00 → $72.00Buy → Neutral
    Citigroup
    1/10/2025$72.00 → $90.00Neutral → Overweight
    Piper Sandler
    More analyst ratings

    $NKE
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • NIKE, Inc. Announces Senior Leadership Changes to Accelerate Growth and Drive Win Now Action Plan

      Amy Montagne Becomes President, Nike Phil McCartney Becomes EVP, Chief Innovation, Design & Product Officer Nicole Graham Becomes EVP, Chief Marketing Officer Tom Clarke Becomes Chief Growth Initiatives Officer Heidi O'Neill to Retire NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth. Elliott Hill, President and CEO, NIKE, Inc. and Heidi O'Neill, President of Consumer, Product, and Brand, have decided the Consumer, Product, and Brand leadership will now be divided into three distinct areas: Consumer and Sport, M

      5/5/25 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Declares $0.40 Quarterly Dividend

      NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on July 1, 2025, to shareholders of record at the close of business on June 2, 2025. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.

      5/1/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • DJ van Hameren Joins Arctos as Operating Advisor

      Former Nike CMO and Olympic athlete to provide global brand expertise to professional sports properties as newest member of the Arctos Operating Platform Arctos, a private investment firm that provides bespoke growth capital and liquidity solutions to sports franchises (Arctos Sports) and alternative asset managers (Arctos Keystone), today announced that DJ van Hameren has joined the company as an Operating Advisor. Bringing more than 30 years of executive global brand leadership and stewardship to the role, van Hameren previously served as Chief Marketing Officer of Nike (NYSE:NKE), where he led a global team of more than 2,000 people; managed a multi-billion-dollar operating budget; and

      4/2/25 8:00:00 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Telsey Advisory Group reiterated coverage on NIKE with a new price target

      Telsey Advisory Group reiterated coverage of NIKE with a rating of Market Perform and set a new price target of $70.00 from $80.00 previously

      5/6/25 6:44:04 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded NIKE from Overweight to Equal Weight and set a new price target of $55.00

      4/30/25 8:08:13 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Berenberg initiated coverage on NIKE with a new price target

      Berenberg initiated coverage of NIKE with a rating of Hold and set a new price target of $58.00

      4/15/25 9:00:43 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Nike Inc. (Amendment)

      SC 13G/A - NIKE, Inc. (0000320187) (Subject)

      2/9/23 11:27:44 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form SC 13G/A filed

      SC 13G/A - NIKE, Inc. (0000320187) (Subject)

      2/10/21 11:28:21 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    SEC Filings

    See more
    • Nike Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - NIKE, Inc. (0000320187) (Filer)

      5/5/25 4:26:26 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form 144 filed by Nike Inc.

      144 - NIKE, Inc. (0000320187) (Subject)

      4/24/25 9:39:52 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form 10-Q filed by Nike Inc.

      10-Q - NIKE, Inc. (0000320187) (Filer)

      4/3/25 4:23:02 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Swan Robert Holmes bought $502,756 worth of Class B Common Stock (8,600 units at $58.46), increasing direct ownership by 37% to 31,983 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/7/25 4:05:03 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Rogers John W Jr bought $191,624 worth of Class B Common Stock (2,500 units at $76.65), increasing direct ownership by 8% to 34,403 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      12/30/24 4:16:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Swan Robert Holmes bought $226,516 worth of Class B Common Stock (2,941 units at $77.02), increasing direct ownership by 16% to 20,946 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      7/1/24 4:18:02 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • VP: CORP CONTROLLER Nielsen Johanna sold $7,978 worth of Class B Common Stock (138 units at $57.81), decreasing direct ownership by 14% to 844 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/25/25 5:07:39 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Swan Robert Holmes bought $502,756 worth of Class B Common Stock (8,600 units at $58.46), increasing direct ownership by 37% to 31,983 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/7/25 4:05:03 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • EXECUTIVE CHAIRMAN Parker Mark G gifted 11,295 units of Class B Common Stock, sold $12,361,582 worth of Class B Common Stock (169,732 units at $72.83) and exercised 110,000 units of Class B Common Stock at a strike of $56.40, decreasing direct ownership by 7% to 896,632 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      2/18/25 4:26:48 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Leadership Updates

    Live Leadership Updates

    See more
    • NIKE, Inc. Appoints Treasure Heinle as Executive Vice President and Chief Human Resources Officer

      Monique Matheson, NIKE's long-tenured Chief HR Officer, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced a change to its Senior Leadership Team (SLT). Treasure Heinle, Chief Talent Officer, will become the company's new Executive Vice President and Chief Human Resources Officer (CHRO). In her new role, Heinle will be responsible for leading the global HR function and managing NIKE's People vision and strategy. She succeeds Monique Matheson who has decided to retire from NIKE after 26 years with the company. This leadership change is effective January 6, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/

      11/25/24 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Appoints Long-Time Leaders Ann Miller as EVP, Global Sports Marketing and Rob Leinwand as EVP, Chief Legal Officer

      John Slusher, NIKE's long-tenured Sports Marketing EVP, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced changes in its Senior Leadership Team (SLT), positioning the company for continued growth and success with a focus on putting sport and athletes at the forefront and driving speed and efficiency. Ann Miller, an accomplished leader with nearly 18 years of experience at NIKE, and currently Executive Vice President, Chief Legal Officer, will assume the role of Executive Vice President, Global Sports Marketing. Miller succeeds John Slusher, who will retire from NIKE later this year after 26 years with the company. "Ann possesses a unique blend of athlete m

      10/30/24 4:30:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Browning West Requisitions Special Meeting of Gildan Activewear Shareholders to Reconstitute a Majority of the Board of Directors

      Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.

      1/9/24 11:15:00 AM ET
      $GIL
      $HBI
      $NKE
      $URI
      Apparel
      Consumer Discretionary
      Clothing/Shoe/Accessory Stores
      Shoe Manufacturing

    $NKE
    Financials

    Live finance-specific insights

    See more
    • NIKE, Inc. Declares $0.40 Quarterly Dividend

      NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on July 1, 2025, to shareholders of record at the close of business on June 2, 2025. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.

      5/1/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Reports Fiscal 2025 Third Quarter Results

      NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its third quarter ended February 28, 2025. Third quarter revenues were $11.3 billion, down 9 percent on a reported basis compared to the prior year and down 7 percent on a currency-neutral basis* NIKE Direct revenues were $4.7 billion, down 12 percent on a reported basis and down 10 percent on a currency-neutral basis Wholesale revenues were $6.2 billion, down 7 percent on a reported basis and down 4 percent on a currency-neutral basis Gross margin decreased 330 basis points to 41.5 percent Diluted earnings per share was $0.54 "The progress we made against the 'Win Now' strategic priorities we committed to 90

      3/20/25 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Announces Third Quarter Fiscal 2025 Earnings and Conference Call

      NIKE, Inc. (NYSE:NKE) plans to release its third quarter fiscal 2025 financial results on Thursday, March 20, 2025, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results. The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, April 10, 2025. About NIKE, Inc. NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer

      2/20/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary