Nike Inc (N:NKE)
Business Focus: Sports & Outdoor Footwear
| Sector: Consumer Cyclicals | Industry: Footwear |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | One Bowerman Dr BEAVERTON OR 97005-6453 |
| Tel: | N/A |
| Website: | https://about.nike.com |
| IR: | See website |
| Key People | ||
| Mark G. Parker Executive Chairman of the Board | Andrew M. Campion Managing Director - Strategic Business Ventures | John Joseph Donahoe President, Chief Executive Officer, Director |
| Matthew Friend Chief Financial Officer, Executive Vice President | Heidi O' Neill President - Consumer, Product and Brand | Craig Williams President - Geographies and Marketplace |
| Monique S. Matheson Chief Human Resource Officer, Executive Vice President | Ann M. Miller Executive Vice President, Chief Legal Officer | Kejuan Wilkins Executive Vice President, Chief Communications Officer | Muge Erdirik Dogan Chief Technology Officer |
| Business Overview |
| NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The Company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. It also designs products specifically for the Jordan Brand and Converse. The Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball performance and culture using the Jumpman trademark. The Company also designs, distributes and licenses casual sneakers, apparel and accessories under the Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks. |
| Financial Overview |
| For the nine months ended 29 February 2024, Nike Inc revenues increased 1% to $38.76B. Net income increased 4% to $4.2B. Revenues reflect Asia Pacific & Latin America segment increase of 6% to $5.02B, Comparable Store Sales (%), G China increase from 0.7 to 5.3%, Retail Sales, Total increase of 11% to $7.1B. Net income benefited from Merchandise Margins, Total - % increase of 2% to 44.5%. |
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