Edition:
India

Nike Inc (NKE.N)

NKE.N on New York Stock Exchange

89.50USD
12 Nov 2019
Change (% chg)

$-0.55 (-0.61%)
Prev Close
$90.05
Open
$90.31
Day's High
$92.03
Day's Low
$89.49
Volume
1,298,211
Avg. Vol
1,607,672
52-wk High
$96.86
52-wk Low
$66.53

Latest Key Developments (Source: Significant Developments)

Nike Announces Sale Of Hurley To Bluestar Alliance
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES SALE OF HURLEY TO BLUESTAR ALLIANCE.NIKE INC - TERMS OF TRANSACTION ARE NOT BEING DISCLOSED.NIKE INC - REACHED A DEFINITIVE AGREEMENT TO SELL HURLEY BRAND TO BLUESTAR ALLIANCE LLC..  Full Article

Nike Says Donahoe's Compensation As CEO Will Consist Of An Annual Base Salary Of $1.5 Mln/Year
Wednesday, 23 Oct 2019 

Oct 22 (Reuters) - Nike Inc ::NIKE INC - DONAHOE'S COMPENSATION AS CEO WILL CONSIST OF AN ANNUAL BASE SALARY OF $1.5 MILLION PER YEAR.NIKE INC - PARKER WILL BE ELIGIBLE TO RECEIVE A TRANSITION CASH INCENTIVE AWARD WITH A TARGET VALUE OF $10 MILLION.  Full Article

Nike Says John Donahoe Will Succeed Mark Parker As President & CEO In 2020
Wednesday, 23 Oct 2019 

Oct 22 (Reuters) - Nike Inc ::NIKE, INC. ANNOUNCES BOARD MEMBER JOHN DONAHOE WILL SUCCEED MARK PARKER AS PRESIDENT & CEO IN 2020; PARKER TO BECOME EXECUTIVE CHAIRMAN.NIKE, INC. ANNOUNCES BOARD MEMBER JOHN DONAHOE WILL SUCCEED MARK PARKER AS PRESIDENT & CEO IN 2020; PARKER TO BECOME EXECUTIVE CHAIRMAN.NIKE INC - JOHN DONAHOE WILL BE APPOINTED AS COMPANY'S NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER, EFFECTIVE JAN. 13, 2020.NIKE INC - MARK PARKER WILL CONTINUE TO LEAD BOARD OF DIRECTORS AND WORK CLOSELY WITH DONAHOE AND SENIOR MANAGEMENT TEAM..NIKE INC - DONAHOE IS CURRENT PRESIDENT AND CEO OF SERVICENOW, INC..NIKE INC - DONAHOE WILL REMAIN ON BOARD OF NIKE.  Full Article

Skechers Won Victory Over Nike In A Case Relating To Nike's Subsidiary Converse Inc
Thursday, 17 Oct 2019 

Oct 17 (Reuters) - Nike Inc ::SKECHERS USA INC - HAS WON A VICTORY OVER NIKE INC IN A CASE RELATING TO NIKE'S WHOLLY-OWNED SUBSIDIARY CONVERSE INC.SKECHERS USA - JUDGE RULES THAT CHUCK TAYLOR TRADEMARK IS NOT VALID AS TO SKECHERS.SKECHERS USA INC - JUDGE FINDS NO VIOLATION OF CHUCK TAYLOR TRADEMARK BY ANY OF SKECHERS STYLES IN CASE.  Full Article

Nike Reports Q1 Earnings Per Share $0.86
Wednesday, 25 Sep 2019 

Sept 24 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2020 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.86.Q1 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES DATA.Q1 REVENUE $10.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $10.44 BILLION.QTRLY REVENUES FOR NIKE, INC. INCREASED 7 PERCENT TO $10.7 BILLION, UP 10 PERCENT ON A CURRENCY-NEUTRAL BASIS.QTRLY REVENUES FOR NIKE BRAND WERE $10.1 BILLION, UP 10 PERCENT ON A CURRENCY-NEUTRAL BASIS.QTRLY GROSS MARGIN INCREASED 150 BASIS POINTS TO 45.7 PERCENT.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 9 PERCENT TO $3.3 BILLION.QTRLY NORTH AMERICA TOTAL REVENUE WAS $4,293 MILLION VERSUS $4,145 MILLION REPORTED LAST YEAR.INVENTORIES AT QUARTER END WERE $5.8 BILLION, UP 12 PERCENT COMPARED TO PRIOR YEAR PERIOD.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE WAS $2,773 MILLION VERSUS $2,607 MILLION REPORTED LAST YEAR.QTRLY GROSS MARGIN INCREASED PRIMARILY DUE TO HIGHER AVERAGE SELLING PRICES AND MARGIN EXPANSION IN NIKE DIRECT.QTRLY GREATER CHINA TOTAL REVENUE WAS $1,679 MILLION VERSUS $1,379 MILLION REPORTED LAST YEAR.NIKE - EVEN AMIDST INCREASINGLY VOLATILE MACROECONOMIC & GEOPOLITICAL ENVIRONMENT, EXPECT FOCUS ON BETTER SERVING CONSUMER TO FUEL GROWTH.  Full Article

Nike Inc Says On August 16, 2019, Co Entered Into A Credit Agreement
Wednesday, 21 Aug 2019 

Aug 20 (Reuters) - Nike Inc ::NIKE INC - ON AUGUST 16, 2019, CO ENTERED INTO A CREDIT AGREEMENT.NIKE INC - CREDIT AGREEMENT PROVIDES FOR UP TO $2.0 BILLION OF BORROWINGS IN U.S. DOLLARS AND OTHER SPECIFIED CURRENCIES.NIKE INC - REVOLVING CREDIT FACILITY ALSO INCLUDES UNCOMMITTED OPTION TO EXPAND SIZE OF THE FACILITY BY UP TO $1.0 BILLION.NIKE INC - REVOLVING CREDIT FACILITY PROVIDED IN THE CREDIT AGREEMENT MATURES ON AUGUST 16, 2024.NIKE INC - CREDIT AGREEMENT REPLACES $2.0 BILLION PRIOR CREDIT AGREEMENT ENTERED INTO ON AUGUST 28, 2015..NIKE - REVOLVING CREDIT FACILITY PROVIDED IN CREDIT AGREEMENT MATURES ON AUGUST 16, 2024, WITH 1-YEAR EXTENSION OPTION.NIKE INC - ON AUGUST 16,CO TERMINATED CREDIT AGREEMENT DATED AUGUST 28, 2015, WHICH PROVIDED FOR A $2.0 BILLION REVOLVING CREDIT FACILITY.  Full Article

Nike Inc Files For Potential Debt Shelf Offering Size Not Disclosed
Wednesday, 24 Jul 2019 

July 23 (Reuters) - Nike Inc ::NIKE INC FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Nike Inc Says CEO Mark Parker's FY 2019 Total Compensation Of About $14 Mln Vs $9.5 Mln In FY 2018
Wednesday, 24 Jul 2019 

July 23 (Reuters) - Nike Inc ::NIKE INC SAYS CEO MARK PARKER'S FY 2019 TOTAL COMPENSATION OF ABOUT $14 MILLION VERSUS $9.5 MILLION IN FY 2018.NIKE INC SAYS CFO ANDREW CAMPION'S FY 2019 TOTAL COMPENSATION WAS $4.9 MILLION VERSUS $9.3 MILLION IN FY 2018 - SEC FILING.NIKE SAYS ESTIMATED RATIO OF 2019 ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN ANNUAL TOTAL COMPENSATION OF OTHER NIKE EMPLOYEES WAS 550 TO 1.  Full Article

FCA Names Davide Grasso Chief Operating Officer Of Maserati
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Fiat Chrysler Automobiles NV ::FCA NAMES DAVIDE GRASSO CHIEF OPERATING OFFICER OF MASERATI; HARALD WESTER APPOINTED EXECUTIVE CHAIRMAN OF MASERATI, EXPANDS CTO RESPONSIBILITIES.FIAT CHRYSLER - DAVIDE GRASSO, FORMER CHIEF EXECUTIVE OFFICER OF NIKE'S CONVERSE, JOINS FCA AND IS NAMED CHIEF OPERATING OFFICER OF MASERATI.  Full Article

Nike, Inc. Declares $0.22 Quarterly Dividend
Friday, 10 May 2019 

May 9 (Reuters) - Nike Inc ::NIKE, INC. DECLARES $0.22 QUARTERLY DIVIDEND.  Full Article

UPDATE 2-Adidas sees soccer boost after stumble on Kanye West shoes

BERLIN, Nov 6 German sportswear company Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back by a weaker performance from Yeezy shoes designed by Kanye West.