Stock market of nike

Stock market of nike DEFAULT

Nike Inc. Stock , NKE

Leading up to the IPO Nike was growing fast. In 1981, its revenues reached almost $458 million. For comparison, back in 1972 Nike’s annual revenue was $2 million. From 1972 to 1981, NIKE Inc.’s net income grew at a pace of almost 100% per year. On IPO day Nike stock price closed at $0.18 on the first day of trade. Nike stock price first reached the $1 mark on September 21st, 1989. Nike began paying a quarterly cash dividend in 1984.

On December 3rd, 1990, Nike stock price closed at $1.10. Nike stock price had increased by 511% in a decade. The stock continued to perform well into the 1990s. By the end of 1994, the stock hit $2.33 and by December 1995, the stock had gone as high as $4.35. In just one year’s time, the stock’s value had increased by 87%. Growth was a constant.

It was on February 13th, 1997, when Nike stock price reached its then peak of $9.47. During the next 12 months, Nike stock price went through a tough period. Nike hit a stock price of $5.11 on February 13th, 1998, which represented a decrease of 46% in only one year. Nevertheless, patience started to pay off for investors in the 2000s, when the success story of Nike stock price regained momentum. If Nike stock was still traded at a price of $5.76 on January 2nd, 2003, it had nearly doubled its value by January 3rd, 2005, when its closing price was $11.34. Since 2004, the company began increasing the dividend on an annual basis. Ten years later, on January 5th, 2015, Nike stock price reached $46.75. The growth rate of 312% within a decade tells the outstanding performance of NIKE’s stock in the 21st century.

Nike`s stock has split two for one six times.

In November 2015 Nike announced it was increasing its dividend by 14%, and that its board had also approved a $12 billion share repurchase program and a two-for-one stock split. Nike stock price rocketed on the news.

In 2017, the stock performed reasonably well. On June 14th, 2017, NIKE’s stock price was at $54.66 before falling sharply to $51.10 by the end of the trading day on June 16th. This decline was followed by a rally resulting in a closing price of $60.14 on August 3rd. The stock remained at a high level for some weeks, but fell again sharply to bottom out at $51.07 on October 13th. The current trend, however, is clearly pointing upwards. On November 15th, Nike stock price closed at a price of $56.63. This represents an increase of over 11% compared to the low on October 13th and a year over year increase of almost 13%.

Going forward the company is also refining how it sells its products to customers, rethinking its e-commerce strategy by partnering with Amazon and reducing the number of retail partners from 30,000 to just 40, according to KGW.

Nike`s grip on the market comes down to a simple supply and demand formula, Josh Luber, CEO of sneaker reselling site StockX previously told Jefferies. Demand for Nike`s newest products is partially driven by their perceived scarcity, and if Nike produces too many pairs of a new shoe, demand will plummet because the product is then widely available and is no longer limited in its availability. This mostly applies to the sneaker market, but Nike losing its cool factor in one area of its business can seep into others. Nike, the perennially "cool" brand has a stock price that depends on it.

Sours: https://markets.businessinsider.com/stocks/nke-stock

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright 2019© FactSet Research Systems Inc. All rights reserved. Source: FactSet

Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Source: FactSet

Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Dow Jones

Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet, Dow Jones

ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Dow Jones

Bonds: Bond quotes are updated in real-time. Sources: FactSet, Tullett Prebon

Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon

Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Source: FactSet

Data are provided 'as is' for informational purposes only and are not intended for trading purposes. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Data may be intentionally delayed pursuant to supplier requirements.

Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)

Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Source: Kantar Media

Sours: https://www.wsj.com/market-data/quotes/NKE
  1. Bmw z4 2004
  2. Masscan for termux
  3. Homes nearby for sale
  4. Ratio test calculator wolfram
  5. Cefsharp select element

Why Nike Stock Dropped Today

What happened

Shares of Nike(NYSE:NKE) fell 6.2% on Friday following the release of the sports apparel titan's fiscal 2022 first-quarter earnings results and subsequent conference call.

So what

Nike's revenue rose 16% year over year to $12.2 billion. The gains were fueled by a 28% jump in Nike's direct sales -- which include company-owned physical retail stores and digital channels -- to $4.7 billion. 

"Nike's strong results this quarter are continued proof of our deep consumer connections, unrelenting innovation pipeline, and a digital advantage that fuels our brand momentum," CEO John Donahoe said in a press release. 

A person is pointing to a stock chart that rises sharply and then falls.

Nike's stock price fell despite posting solid earnings growth metrics. Image source: Getty Images.

Better still, gains in Nike's higher-margin, direct-to-consumer businesses helped to boost its overall gross margin by 1.7 percentage points, to 46.5%. That contributed to a 22% increase in the company's earnings per share, to $1.16.

"Our Q1 results illustrate how Nike's consumer direct acceleration strategy continues to fuel growth and transform our long-term financial model," Chief Financial Officer Matt Friend said. 

Now what

Investors, however, appeared to focus on Nike's reduced full-year sales forecast. Friend said during a conference with analysts that coronavirus-related closures in Vietnam and other countries are causing delays in its supply chain. These production challenges will likely result in inventory shortages in the coming months. Management, in turn, now expects Nike's revenue growth to increase by "mid-single digits" rather than its previous estimate of low double-digit growth.

Yet these supply chain troubles are expected to be transitory, and management remains confident in Nike's long-term future. "Our competitive advantages, including our innovative product, brand strength fueled by compelling storytelling, our roster of the world's best athletes, and increasingly our industry-leading digital experiences at retail, will continue to create separation," Donahoe said. 

Sours: https://www.fool.com/investing/2021/09/24/why-nike-stock-dropped-today/

"What do you suggest, Danila Sergeevich?" Victoria asked. Firstly, not Danila. Sergeevich, but simply Danila, and you can, and secondly, I suggest going to some chic restaurant, said Danila. Okay Danila.

Nike stock market of

I had to obey unquestioningly. Yes. I understood Olezhka. and the driver. I asked.

How Nike Stole The Olympics

My friends was walking with her now, as it were, without Palev. then no one did not attach any importance to this, but in vain. it has been about 4 months since Nika and I stopped.

Similar news:

Aunt Lan. We were talking with Leshka now. About women. And about you. About me.



19971 19972 19973 19974 19975