NIKE, Inc.
News and overview for NIKE, Inc.
Nike Debuts the Ultimate in Athletic Performance Protection with Nike Pro Combat [Press Release]
Business Wire | 2 days 10 hours 44 minutes ago
NIKE, Inc. (NYSE:NKE) today introduced a new innovative padding system called Nike Pro Combat giving today’s football player lighter, stronger and more breathable base layer protection than ever before.
Nike Reports Record Second Quarter Revenue and Earnings Per Share [Press Release]
Business Wire | 23 days 7 hours 11 minutes ago
NIKE, Inc. (NYSE:NKE) today announced financial results for its fiscal 2009 second quarter ended November 30, 2008. Revenue grew 6 percent to $4.6 billion, compared to $4.3 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 1 percentage point for the quarter. Second quarter net income increased 9 percent to $391.0 million, compared to $359.4 million in the prior year. Diluted earnings per share increased 13 percent to $0.80, versus $0.71 last...
NIKEiD and Kobe Bryant Collaborate for a Special Holiday Surprise [Press Release]
Business Wire | 17 days 15 hours 26 minutes ago
NIKE, Inc. (NYSE:NKE) and reigning NBA MVP Kobe Bryant are celebrating breakthrough innovation with a festive flair this holiday season and beyond. Beginning December 25, 2008, Bryant’s new Nike Zoom Kobe IV, his fourth signature shoe with the brand, will be available on NIKEiD.com with more than 5 billion design variations, an unprecedented combination of color, material and pattern options.
Jordan Brand Goes Beyond XX3 to Unveil the Future of the Brand: The AIR JORDAN 2009 [Press Release]
Business Wire | 1 day 11 hours 26 minutes ago
Since the release of the AIR JORDAN XX3 in January 2008, the sneaker world debated the greatest question ever asked of a basketball shoe: will there be an AIR JORDAN XX4? Meanwhile, Jordan Brand, a division of NIKE, Inc. (NYSE: NKE) and creator of the legendary franchise, fueled the fire by admitting nothing…until now.
Nike Zoom Kobe IV: Nike Unveils Its Lightest and Strongest Basketball Shoe Ever [Press Release]
Business Wire | 29 days 6 hours 28 minutes ago
NIKE, Inc. (NYSE:NKE) and 10-time NBA All-Star Kobe Bryant unveiled the Nike Zoom Kobe IV today, its lightest basketball shoe ever, with a new low cut design weighing in at a mere 11.6 ounces.
Nike to report fiscal second-quarter results
Boston Globe, The | 25 days 2 hours 33 minutes ago
PORTLAND, Ore.—Nike Inc. reports earnings for its fiscal second quarter on Wednesday after the market closes. The following is a summary of key developments and analyst opinion related to the period.
Nike Launches New Army and Navy Football Enforcer Uniforms [Press Release]
Business Wire | 34 days 12 hours 56 minutes ago
Nike (NYSE:NKE) will debut its new “Enforcer” football uniforms this weekend as one of college football’s most storied rivalries enters into its 109th meeting. The new uniforms, which will be seen for the first time during the Army vs. Navy football game, were developed as the next evolution of Nike’s shrink wrap uniform with high performance materials that will help the athletes perform at their highest standard.
NIKE, Inc. Announces Second Quarter Fiscal 2009 Earnings and Conference Call [Press Release]
Business Wire | 36 days 7 hours 10 minutes ago
NIKE, Inc. (NYSE:NKE) plans to release its second quarter fiscal 2009 financial results on Wednesday, December 17, 2008, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review the results.
Nike Foundation Calls on Global HIV-Prevention Initiatives to Focus on Girls [Press Release]
Business Wire | 35 days 8 hours 10 minutes ago
Against the backdrop of World AIDS Week, the Nike Foundation has launched a global effort with government partners to put adolescent girls in developing countries at the center of HIV-prevention strategies.
Nike Shares Rise on Strong 2Q Sales Overseas - NYTimes.com
New York Times, The | 23 days 35 minutes ago
Filed at 9:14 p.m. ET BEAVERTON, Ore. (AP) -- Shoe and apparel company Nike Inc. said Wednesday that, despite weak domestic sales, its profit grew 9 percent in the second quarter on strong sales overseas.
Nike Overcomes Weak U.S. Sales
Wall Street Journal, The | 23 days 3 hours 1 minute ago
Nike Inc. said Wednesday its fiscal second-quarter net income grew 8.8% on higher sales and margins, with much of the revenue gain scored overseas.For the quarter ended Nov. 30, the world's largest sportswear company by sales reported net income of $391 million, or 80 cents a share, up from $359.4 million, or 71 cents a share, a year earlier.
Nike Profit Up 9 Percent - NYTimes.com
New York Times, The | 23 days 6 hours 4 minutes ago
Filed at 4:45 p.m. ET SAN FRANCISCO (Reuters) - Nike Inc <NKE.N> said on Wednesday that quarterly net profit rose 9 percent as higher-priced products and international growth offset lower revenue in the U.S. and at the non-Nike brands group.
Nike shares rise on strong sales overseas, despite weak US sales
Los Angeles Times | 23 days 6 hours 19 minutes ago
BEAVERTON, Ore. (AP) &#8212; Shoe and apparel company Nike Inc. said Wednesday that, despite weak domestic sales, its profit grew 9 percent in the second-quarter on strong sales overseas.
Nike shares rise on strong 2Q sales overseas
Yahoo! | 23 days 3 hours 3 minutes ago
Shoe and apparel company Nike Inc. said Wednesday that, despite weak domestic sales, its profit grew 9 percent in the second quarter on strong sales overseas. News, Headlines and Latest Stories on Yahoo! News
Nike's Penney Deal Is Budget-Retail Bid
Wall Street Journal, The | 59 days 21 hours 22 minutes ago
Nike Inc. said it has entered a deal with retailer J.C. Penney Co. to sell a new line of shoes from its Converse brand, a move that will puts the maker of high-end sportswear more deeply into the budget retail market.The shoes, basketball sneakers called EB1, will be sold exclusively at the department store for $65 starting this month. The name comes from NBA power forward Elton Brand, who plays for the Philadelphia 76ers.
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Company Overview
| Company: | NIKE, Inc. |
|---|---|
| Industry: | Footwear |
| Website: | http://www.nikebiz.com |
Nike, the Greek goddess of victory, helped others succeed in times of war. NIKE, the world's #1 shoemaker, does more dominating than assisting, to capture a hefty share of the US athletic shoe market. It designs and sells shoes for a variety of sports, including baseball, cheerleading, golf, volleyball, hiking, tennis, and football. NIKE also sells Cole Haan dress and casual shoes, as well as athletic apparel and equipment. In addition, NIKE operates NIKETOWN shoe and sportswear stores, NIKE factory outlets, and NIKE Women shops. NIKE sells its products throughout the US and in more than 180 other countries. In 2006 NIKE veteran Mark Parker succeeded Bill Perez as president and CEO. It bought Umbro in 2008.
Key Numbers
| Sales in U.S. Dollars (mil.) | 18,627 (2008) |
|---|---|
| One-year % Growth in Sales | 14.1 (2008) |
| Net Income in U.S. Dollars (mil.) | 1,883.4 (2008) |
| One-year % Growth in Net Income | 26.3 (2008) |
| Number of Employees | 32,500 (2008) |
| One-year % Growth in Number of Employees | 7.6 (2008) |
| Fiscal Year-End | May |