66.80 0.00 (0.00%)
After hours: 5:59PM EDT
|Bid||66.75 x 100|
|Ask||66.98 x 300|
|Day's Range||65.93 - 66.87|
|52 Week Range||50.35 - 70.25|
|PE Ratio (TTM)||28.91|
|Forward Dividend & Yield||0.80 (1.22%)|
|1y Target Est||N/A|
For some time now, women within Nike have been concerned about pay disparity, gender imbalances and misconduct by males.
CNBC's Courtney Reagan reports the latest on Nike's corporate culture following news that an informal survey by female employees over pay disparity and alleged misconduct circulated through the company last year.
The potential for punitive tariffs on Chinese imports may be a subject broached by Nike management during the earnings call Thursday.
Nike announced two executive changes days before its earnings, but news that CEO Mark Parker will extend his tenure reassured analysts.
Nike (NKE), the world’s largest apparel company, increased sales by 2.2% YoY (year-over-year) during the first six months of 2018 in comparison to the ~6% average quarterly growth in the previous ten quarters. Competitor Under Armour (UAA) also reported a 5% decline in North America sales over the last 12 months. The company derives less than 45% of its sales from its domestic market as compared to 75% for UAA.
German sportswear brand Puma plans to rejoin the basketball market as it makes a push to grow in the United States and China and bring its profitability closer to that of larger rivals Adidas and Nike. Puma, which has put a big focus on soccer and running in recent years and makes the bulk of its sales in Europe, has hinted for some time that it was considering returning to major American sports after pulling out of basketball 17 years ago. Puma said it will partner with athletes and celebrities linked to basketball, noting that basketball shoes still dominate U.S. footwear sales although Nike and Under Armour have been hit by a shift away from basketball performance shoes to more retro styles in the last few years.
Shares of Nike (NKE) have dipped 3.5% over the last four weeks in the lead-up to the sportswear giant's Q3 earnings report date. And now, after the company announced that two of its top executives have stepped down, more investors will want to know what to expect from Nike in its soon-to-be-reported quarter.
Nike knows how to give the appearance that it cares passionately about women and equality. Its latest ad featuring tennis champion Serena Williams epitomizes its penchant for rousing rhetoric. In a 30-second spot, we watch a through-the-years montage of Williams on the court and hear her in a voiceover: “I’ve never been the ‘right’ kind…
The Nike Inc. executive who resigned last week amid a companywide internal review of inappropriate behavior is poised to leave with a $525,000 payout.
Below is a list of notable corporate events for the week beginning March 19. Note, this list is not comprehensive and all dates are subject to change. View more earnings on DBX Monday Conferences International ...
Two of Nike’s (NKE) top-level executives parted ways with the company last week amid reports of inappropriate workplace behavior, reported the Wall Street Journal. It was first reported that Trevor Edwards, Nike brand president and heir apparent to CEO Mark Parker, has resigned from the company and is expected to retire in August. Nike circulated an internal memo announcing his departure.
Nike (NKE) is the big brand that could. After being the worst-performing stock in the Dow Jones Industrial Average in 2016, Nike's shares raced higher in 2017, as the company showed that it could adapt to a rapidly changing retail environment. B. Riley's Susan Anderson is still concerned about ongoing weakness in Nike's North American business, and is modeling for earnings of 52 cents a share, a penny below consensus, on sales growth of 1.4%, below the 1.9% guidance.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Is the top athletic apparel brand turning a corner? Here's what investors should know before heading into the next quarterly report.
A group of female employees at Nike Inc. last year circulated an informal survey about alleged inappropriate behavior by men at the world’s largest sportswear maker, people familiar with the matter said, a move that preceded the ouster of two veteran executives last week. The women were frustrated with what they saw as pay disparity and a gender imbalance at the highest ranks of Nike, the people said, amplified by the exit of several female senior operating executives last year. The women were also concerned about allegations circulating internally of inappropriate workplace behavior by some men and drew up the survey to gather information about these issues, the people said.
With an ROE of 32.88%, NIKE Inc (NYSE:NKE) outpaced its own industry which delivered a less exciting 10.95% over the past year. While the impressive ratio tells us that NKERead More...
A second veteran executive is leaving Nike Inc. in the wake of internal complaints about inappropriate workplace behavior at the sneaker and sportswear giant, according to people familiar with the matter....
Martin, the general manager of global categories for Nike, was forced out of the company, the Wall Street Journal reported https://www.wsj.com/articles/second-nike-executive-leaves-in-wake-of-workplace-complaints-1521220142 earlier on Friday. Nike had received complaints pertaining to Martin, the report said. A Nike spokeswoman declined to provide more details on Martin's exit.