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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. ... But these profits were still down 28% year over year. Moreover, first-quarter revenue of $11.6 billion was down ...
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.
It doesn't necessarily have much growth right now -- net sales in the first half of 2024 were only up 5% from the first half of 2023. But it does beat Nike when it comes to its profit margin and ...
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.
The world's largest footwear maker still has a lot to prove.
Nike's headline numbers for fiscal 2024 aren't alarming in isolation. Full-year revenues were modestly up, gross margin improved, and net income was up 12% year over year to $5.7 billion. And yet ...