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. (NYSE: NKE) is a Beaverton, Oregon-based footwear manufacturing company that describes itself as the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories. The NKE news feed on Stock Titan brings together company announcements, earnings releases and other material updates drawn from official sources and financial news providers.
Investors and followers of Nike can use this page to review the company’s regular earnings reports, where Nike discloses revenues for NIKE, Inc., the NIKE Brand and Converse, along with details by geography and product category. These releases also discuss trends in NIKE Direct and wholesale revenues, gross margin, selling and administrative expenses, and other key financial metrics that the company highlights for each quarter and fiscal year.
Nike’s news often covers strategic themes described by the company, such as its “Win Now” actions and “sport offense” realignment, which it references in the context of repositioning the business for growth. Updates may include commentary from senior leadership on performance in regions like North America, Europe, Middle East & Africa, Greater China, and Asia Pacific & Latin America, as well as the performance of brands such as Nike, Jordan, NikeSKIMS and Converse.
This page can also surface announcements on dividends and capital returns, where Nike reports its record of consecutive annual dividend increases and provides details on quarterly dividend declarations. Leadership and governance developments, including changes to the senior leadership team, stock incentive plans and board matters reported in press releases or Form 8-K filings, may also appear in the news stream.
By monitoring this NKE news page, readers can follow Nike’s official communications about its financial results, brand initiatives and corporate actions as they are released.
NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share on Class A and Class B Common Stock. This dividend is payable on October 1, 2021, to shareholders on record as of the close of business on August 30, 2021. This announcement reaffirms NIKE's commitment to returning value to its shareholders.
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.