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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 (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time, investors were impressed by its quick recovery from the pandemic, the ongoing expansion of its Nike Direct ...
Nike also expects sales to fall in the current fiscal year. There's no doubt that the brand is in trouble and needs some kind of change. A new CEO certainly isn't out of the question.
With shares down by almost 17% over the last five years, Nike (NYSE: ... $5.5 billion in 2023, and $4 billion in 2022. That's almost $14 billion spent buying back a stock that has fallen ...
Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [234] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [235] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [236]
Nike stock has been pushed down to levels that look cheap on a historical basis. The company is now trading at roughly 20 times trailing-12-month profits and approximately 24 times this year's ...
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 CEO William Perez leaves Nike on January 23, 2006.
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 ...