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Why Nike's Stock Crashed 60% in 4 Simple Charts. Leo Sun, The Motley Fool. July 24, 2024 at 6:45 AM. Nike 's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time ...
Image source: The Motley Fool. Nike (NYSE: NKE) Q4 2024 Earnings Call Jun 27, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants ...
View more earnings on NKE. To Calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.48 in this case). So, $6,000 / $1.48 = 4,054 ($500 per month), and $1,200 / $1.48 ...
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. [ 6 ][ 7 ] The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971.
Nike’s reported adjusted earnings of $0.85 per share, marking the first year-over-year increase in four quarters, and topped expectations for $0.65. The surge in sales overshadowed the company ...
The company's damaging earnings report dragged the stocks of other sports apparel ... Nike stock sank more than 10% Friday after executives gave a weaker sales outlook for markets around the world ...
Here's how Nike's results stacked up against Wall Street analyst expectations, according to Bloomberg consensus estimates: Revenue: $12.83 billion versus $12.59 billion expected. Adj. earnings per ...
Nike's report also comes about a month after Foot Locker warned of a slowdown in its footwear business due to "price sensitive" consumers. About 64% of sales at Foot Locker ( FL ) are the Nike ...