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For its fiscal 2024 fourth quarter (ended May 31), Nike's sales declined 2% year over year to $12.6 billion. Nike brand revenue fell 1% to $12.1 billion, while Converse sales plunged 18% to $480 ...
Footwear accounted for two-thirds of Nike's $23.9 billion in fiscal first-half revenue, which ended on Nov. 30, 2024. The company's offerings also include apparel and equipment/accessories (such ...
Like an athlete going through a slump, Nike (NYSE: NKE) finds itself at a critical juncture. Despite the sharp decline, Nike's stock still commands a premium valuation at 30.8 times forward earnings.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. [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.
Larry G. Miller is an American business executive for Nike, Inc. He spent five years as the team president of the Portland Trail Blazers in the National Basketball Association (NBA). In his memoir, Jump: My Secret Journey From the Streets to the Boardroom , Miller writes that he was involved in a gang when he was 16, committing the murder of ...
Mark Parker (born October 21, 1955) is an American businessman. He is the executive chairman of Nike, Inc. He was named the third CEO of the company in 2006 and was president and CEO until 13 January 2020.
Q1 2025 Earnings Call Oct 01, 2024, 5:00 p.m. ET. Contents: ... including guidance on building a ... let me turn the discussion toward our current business. NIKE's first quarter results largely ...
Can this consumer discretionary stock reverse course, rise 33% from its current $75 price tag, and get to $100 in 2025? A winning business. Nike controls 16.4% of the global sportswear market ...