Search results
Results from the WOW.Com Content Network
In November 2023, Nike announced a 9% dividend increase -- marking the 22nd consecutive year the company raised the dividend. Nike now yields a respectable 1.8% -- which is higher than the yield ...
The drop was especially steep in the US, where sales fell 10%; and in China, where they were down 14%. Basically, demand hasn’t been this low since the first year of the pandemic.
Data source: Nike. Chart by author. Nike expects that slowdown to deepen, with a mid-single-digit drop in its reported revenue in fiscal 2025. Analysts are bracing for a 5% decline.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Sales are slower than expected, leading to lower profit margins again.
Nike reports annual revenue for fiscal year 2005 (ending May 31) of $13.74 billion, a 12% increase over the previous fiscal year. Nike Signs Tennis Pro Rafael Nadal. Nike introduces Nike Free. 2007 Nike enters the cricket market with a 5-year sponsorship of the Indian cricket team for US$43m. CEO William Perez leaves Nike on January 23, 2006.
[21] [22] Nike also donated $1 million to the Mamba and Mambacita Foundation. [23] The event was criticized for being limited and for being sold out in minutes. [24] [25] The next day, Los Angeles City Council President Herb Wesson announced on his Twitter that a portion of Figueroa Street from Olympic to MLK Blvd would become "Kobe Bryant ...
Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than ... and up 2.2% year over year, essentially matching the Fed's target of 2% ...