|Bid||52.96 x 100|
|Ask||53.78 x 100|
|Day's Range||53.09 - 53.64|
|52 Week Range||49.01 - 60.53|
|PE Ratio (TTM)||21.19|
|Dividend & Yield||0.72 (1.35%)|
|1y Target Est||N/A|
Much ado was made of Nike's "Consumer Direct Offense" plan, announced in June , at its annual shareholders meeting on Thursday morning. Reviewing the company's performance over the past year, CEO Mark Parker said that Nike's direct-to-consumer efforts made up just a third of its business but contributed to 70 percent of its growth. The company recorded 6 percent revenue growth, to $34.4 billion.
Thursday's Nike shareholder meeting found CEO Mark Parker in show-and-tell mode. The meeting drew the usual array of praise and concerns, especially considering a recent lag in sales and shareholder value for the company. A shareholder proposal to increase transparency about Nike's political contributions was voted down.