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. reports company developments tied to its global athletic footwear, apparel, equipment and accessories business. Recurring updates include quarterly financial results, NIKE Brand performance, NIKE Direct and wholesale channel trends, inventory commentary, currency-neutral revenue measures, and geographic activity across markets such as North America, EMEA and Greater China.
News also covers cash dividends on the company's Class A and Class B common stock, brand and retail campaigns involving Nike, Jordan Brand and Converse, and organizational changes affecting senior leadership and geographic management. Converse is a wholly owned NIKE subsidiary brand focused on athletic lifestyle footwear, apparel and accessories.
NIKE (NYSE:NKE) has announced the nomination of Jørgen Vig Knudstorp to its Board of Directors, with the election scheduled for the annual shareholders meeting on September 9, 2025. Knudstorp brings significant experience as the former CEO of LEGO Group (2004-2016) and Executive Chair of LEGO Brand Group (2017-2023).
Mark Parker, Executive Chairman of NIKE, highlighted Knudstorp's global expertise in brand and digital marketing, strategy, and consumer products, as well as his experience in developing corporate culture and values. Knudstorp, who currently serves as Deputy Chair of the LEGO Foundation, also holds positions as lead independent director at Starbucks Corporation and Partner at Innovation Endeavors.
NIKE (NYSE: NKE) has scheduled the release of its fourth quarter fiscal 2025 financial results for Thursday, June 26, 2025, at approximately 1:15 p.m. PT, after market close. The company will host a conference call at 2:00 p.m. PT to discuss the results, which will be accessible via live broadcast at investors.nike.com. An archived version of the call will remain available until July 17, 2025.
NIKE (NYSE: NKE) has announced a quarterly cash dividend of $0.40 per share for both its Class A and Class B Common Stock. The dividend will be paid on July 1, 2025, to shareholders who are on record as of the close of business on June 2, 2025.
Nike's (NYSE: NKE) former Chief Marketing Officer and Olympic athlete DJ van Hameren has joined Arctos as an Operating Advisor. At Nike, van Hameren led a global team of over 2,000 people and managed a multi-billion-dollar operating budget. He also served as Executive Vice President, Olympics for Nike Inc., overseeing enterprise planning across Nike, Jordan, and Converse for the 2024 Olympic Games.
Van Hameren joins Arctos's Operating Platform, which includes more than 10 Operating Partners and Advisors. His expertise spans brand marketing, product management, athlete & influencer management, merchandising, and sponsorship strategy. Before his corporate career, van Hameren was a two-time Olympian representing the Netherlands in track cycling at the 1992 and 1996 Olympic Games.
NIKE Inc (NYSE:NKE) reported declining financial results for Q3 fiscal 2025. Revenue decreased 9% to $11.3 billion, with NIKE Direct revenues down 12% to $4.7 billion and wholesale revenues falling 7% to $6.2 billion. Gross margin contracted 330 basis points to 41.5%, primarily due to higher discounts and inventory issues.
Net income dropped 32% to $0.8 billion, with diluted EPS decreasing 30% to $0.54. The company maintained shareholder returns, distributing approximately $1.1 billion through dividends ($594 million, up 6%) and share repurchases ($499 million). Under the current $18 billion repurchase program, 119.3 million shares have been repurchased for approximately $11.8 billion.
Inventory levels were down 2% compared to the prior year, while cash and equivalents stood at $10.4 billion, representing a slight decrease from last year.
NIKE (NYSE: NKE) has announced it will release its third quarter fiscal 2025 financial results on Thursday, March 20, 2025, at approximately 1:15 p.m. PT, after market close. The company will host a conference call at 2:00 p.m. PT to review the results, which will be broadcast live online at investors.nike.com.
An archived version of the call will remain available at the same location until 9:00 p.m. PT, April 10, 2025. The announcement comes from NIKE, the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories, headquartered in Beaverton, Oregon.
Nike (NYSE: NKE) and SKIMS have announced a long-term partnership to launch NikeSKIMS, a new brand targeting the global fitness and activewear industry. The collaboration combines Nike's expertise in sports innovation and athlete insights with SKIMS' focus on body-inclusive design.
The first collection will debut in the United States this Spring, with a global rollout planned for 2026. The product line will include apparel, footwear, and accessories, designed to fit diverse body types and enhance natural form. The brand aims to create products that make athletes feel both strong and confident.
This partnership brings together Nike's position as a leader in athletic performance with SKIMS' success in revolutionizing the intimates and loungewear industry. The collaboration focuses on delivering industry-leading innovation while emphasizing inclusivity and body confidence.
NIKE (NYSE: NKE) has announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share. The dividend will be paid on both Class A and Class B Common Stock. Shareholders who are on record at the close of business on March 3, 2025, will receive the payment on April 1, 2025.