Plus, our most popular articles and videos for the week ended July 5. -$0.69 Retirement Let's conquer your financial goals together...faster. Coronavirus Slams Wide-Moat Nike’s Q4 Results Footwear generates about two thirds of its sales. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, soccer, training, sportswear, and Jordan. However, Nike should get through the turmoil and continue paying a dividend to investors. See you at the top! Nike paid its first dividend in fiscal 1984, and it has paid a dividend every year since then. Real time Nike (NKE) stock price quote, stock graph, news & analysis. Nike stock took a dive today along with the broader market as fears of a second wave of coronavirus infections and negative comments from Federal Reserve Chairman Jerome Powell about the …
Stock Market View nke business summary and other industry information. Nike's iconic brand draws people all over the world to its running shoes and colorful lifestyle sneakers. Nike was founded in 1964 and is based in Beaverton, Oregon. The Gold-rated fund continues to prove its worth during volatile markets. Early investors in the stock would be close to Before the COVID-19 pandemic, Nike was firing on all cylinders with revenue up 9% year over year through the first half of fiscal 2020 (which ended in May). StockX is the Stock Market of Things where you can buy and sell deadstock sneakers and shoes including real Yeezys, Adidas Ultra Boost, Retro Air Jordans, Nike Air Max and new releases. While we expect a slow recovery in fiscal 2021 due to widespread discounting of apparel, sequential growth looks likely as about 90% of Nike’s worldwide stores are now open. Nike asks you to accept cookies for performance, social media and advertising purposes. A look at some of the industry leaders' recent moves. Nike celebrated the 35th Anniversary of the Nike Dunk by releasing the Nike Dunk Low SP Syracuse (2020), now available on StockX.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.California New Cases Hit 3-Week Low; Arizona Slows: Virus UpdateNike to Wind Down Operations at Arizona Factory, Citing Covid-19Nike Taps Former Tesla Executive as Its New Diversity ChiefNike Job Cuts to Cost Up to $250 Million in One-Time ChargeMicrosoft, Nike, Unilever Announce Global Carbon-Neutral GroupNike to Cut Jobs in Its Push to Sell More Directly to ConsumersNike Shares Tumble After Pandemic Batters Sales, Gross MarginNike Analysts Brush Off Poor Results, Tout E-Commerce StrengthCoronavirus: Nike’s Big Sales Miss Is Grim Harbinger for ApparelNike Shoppers Line Up 1-1/2 Hours at Billionaire’s Reopened MallJuneteenth Tests Corporate America’s Pledges to Fight RacismJuneteenth Observed by Companies; Statues Targeted: Protest WrapU.S. It ended the month of May with nearly $8.8 billion in cash and short-term investments, nearly offsetting the $9.7 billion in debt. Nike’s (May-ending) fourth quarter of fiscal 2020 was massively impacted by the coronavirus pandemic as most of its stores and those of its wholesale partners in North America, Europe, and other parts of the world were forced to close for about two months. (TMFRazorback)
Investing Basics Social media and advertising cookies of third parties are used to offer you social media functionalities and personalized ads. See you at the top! Learn about NKE with our data and independent analysis including price, star rating, valuation, dividends, and financials. These bargain stocks have demonstrated their commitment to gender equality. © Copyright 2020 Morningstar, Inc. All rights reserved. The Fool has written over 1400 articles on Nike. Revenue was down 38% in the fiscal fourth quarter, which tilted the business over to a net loss of $790 million. Early investors in the stock would be close to millionaire status by now. Nike (NKE) Outpaces Stock Market Gains: What You Should Know - August 24, 2020 - Zacks.com Let's conquer your financial goals together...faster. But recent store closures intended to stop the spread of COVID-19 caused operating results to crater. Nike sells products worldwide and outsources its production to more than 400 factories in more than 40 countries.
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