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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 ...
Nike's gross margin declined in fiscal 2023 as it grappled with steeper markdowns and higher logistics costs in an inflationary environment. However, its gross margin expanded again in fiscal 2024 ...
As of 10:30 a.m. ET today, Nike stock was down 7%. Nike's unanswered questions Nike just hired Elliott Hill as its new CEO, but he doesn't start for about another two weeks.
Why Nike, Starbucks and Boeing have lost their magic. Analysis by Allison Morrow, CNN. ... Its stock is down some 25% this year, and revenue fell 10% last quarter from a year earlier.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
In October 2019, Parker announced he would step down as Nike's CEO and become executive chairman of the company effective January 13, 2020. [21] In January 2023, he was named chairman of the Walt Disney Company, succeeding Susan Arnold .
Shares of athletic apparel company Nike (NYSE: NKE) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence. When taking out just two days of trading ...
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