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Nike management discusses its controversial marketing campaign, strong growth in China, and more. 3 Must-Read Quotes From Nike, Inc.'s Earnings Call Skip to main content
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.
Nike's operating margin is currently about 12%, and there's nothing wrong with that. But this is about what investors should expect -- not much has changed in over a decade.
The founder of the Wieden+Kennedy agency, Dan Wieden, credits the inspiration for his "Just Do It" Nike slogan to a death row inmate Gary Gilmore’s last words: "Let's do it." [ 1 ] From 1988 to 1998, Nike increased its share of the North American domestic sport-shoe business from 18% to 43% (from $877 million to $9.2 billion in worldwide ...
And in February, the company announced a 2% cut to its workforce, or more than 1,500 people, and Donahoe put some of the blame for Nike’s recent underperformance on himself and the company’s ...
John Joseph Donahoe II (born April 30, 1960) [1] is an American businessman who was the CEO of Nike from January 2020 to October 2024. [2] Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999. [3] He is on the board of directors at Nike, [4] The Bridgespan Group [5] and is chairman of PayPal.
Last week, Nike released its 2014 first-quarter results, stunning the markets with an 8% increase in operating revenue and a 37% jump in earnings per share. Kaboom. The market ate it up and the ...
After 10 years of work, Parker and his team launched the first "Green Shoe" that adheres to the principles of sustainability. [ 9 ] While CEO of Nike in 2012, Parker earned a total compensation of $15,425,608, which included a base salary of $1,609,615, a cash bonus of $594,190, stocks granted of $3,500,087, options granted of $4,199,250, and ...