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Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
Annual revenues exceed $12.26 billion; 2005 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. 2006 Nike enters the cricket market with a 5-year sponsorship of the Indian cricket team for US$43m. 2007
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.
Since the start of September, analysts have cut their full-year sales expectations for Nike to $49.85 billion from $50.34 billion. Nike sales likely to suffer as inflation hits sneakerheads Skip ...
Nike (NYSE: NKE) seemingly had the Midas touch for a long time. Once a high-flying company with booming sales and profit growth, it's fallen on more difficult days.
It was announced in June 2015 that Mark Parker is replacing Phil Knight as company chairman of Nike in 2016. [12] In 2016, he ranked 14th in the New York Times' list of highest paid CEOs [13] with an annual paycheck of 47.6 million. [14] Parker was elected onto Walt Disney's board of directors early 2016. [15]
Shares of Nike plunged after the sneaker giant cut its full-year guidance and said it expects sales to drop 10% during its current quarter.
NIKE (NKE) Q4 results reflect gains from resumed store operations and sporting activities. Continued momentum in the digital business and brand demand also significantly aid results.