Nike Archives - Vista Partners LLCVista Partners LLC

NIKE Leadership Update: Innovation, Design, Marketing, & Technology Heads Named – $NKE $DIA $SPY $MODD

As per reports, in accordance with its upcoming phase of expansion, John Hoke, a seasoned veteran with 30 years of experience at NIKE, Inc. (NKE), is poised to assume the position of Chief Innovation Officer at the company. Hoke, previously serving as Nike's inaugural Chief Design Officer, will coll...

Nov 28, 2023 View Article

NIKE, Inc. Boosts Quarterly Dividend By 9% To $0.370 Per Share – $NKE $DIA $SPY $MODD

As per reports, NIKE, Inc. (NKE) Board of Directors has sanctioned a quarterly cash dividend of $0.370 per share on the outstanding Class A and Class B Common Stock of the company. This marks a 9 percent upturn compared to the previous quarterly dividend of $0.340 per share. The declared dividend is...

Nov 29, 2023 View Article

NIKE To Unveil Q1 Fiscal 2024 Results On September 28 – $NKE $DIA $SPY $LTRN

As per reports, NIKE, Inc. (NKE) intends to unveil its financial results for the first quarter of fiscal 2024 on Thursday, September 28, 2023, at around 1:15 p.m. PT, shortly after the close of regular stock market trading hours. Subsequent to the release of this news, the management of NIKE, Inc. w...

Sep 13, 2023 View Article

NIKE, Inc. To Pay Quarterly Dividend On October 2, 2023 – $NKE $DIA $SPY $LTRN

As per reports, NIKE, Inc. (NKE) declared a quarterly cash dividend of $0.340 per share for both its Class A and Class B Common Stock. Shareholders of record at the end of business on September 5, 2023, will receive the dividend, which is scheduled to be paid on October 2, 2023. NIKE, Inc...

Sep 14, 2023 View Article

NIKE, Inc. To Unveil Q4 Fiscal 2023 Financial Results – $NKE $DIA $SPY $BRQS

Reportedly, NIKE, Inc. (NKE) has scheduled the release of its financial results for the fourth quarter of fiscal year 2023 on Thursday, June 29, 2023, at approximately 1:15 p.m. PT, after market closes. After the announcement, NIKE, Inc. management will host a conference call at 2:00 p.m. PT to revi...

Jun 16, 2023 View Article

Nike Joins Puma In Ending Use Of Kangaroo Leather Amid Growing Criticism – $NKE $DIA $INVO

NIKE, Inc. (NKE) has announced that it will discontinue the use of kangaroo skins in its shoes this year. This move comes after Puma, Nike's German rival, made a similar announcement, marking an end to a controversial practice that has received backlash from animal rights activists and consumers ali...

Mar 15, 2023 View Article

NIKE Announces Changes To Senior Leadership Team To Support Digital Growth Strategy – $NKE $DIA $INVO

Reportedly, NIKE, Inc. (NKE) has made changes to its senior leadership team to support its Consumer Direct Acceleration (CDA) strategy, aimed at achieving long-term growth and profitability through digital channels. These changes were announced recently, with Amy Montagne, currently VP/GM, APLA, tra...

Mar 13, 2023 View Article

Nike Set To Release Q3 Earnings March 21 – $NKE $DIA $INVO

As per reports, NIKE, Inc. (NKE) schedules the release of its third quarter fiscal 2023 financial results on March 21, 2023, Tuesday, after the market closes. The sports giant to host a conference call at 2:00 p.m. PT. to review the results. The event can be reached at https://investors.nike.com. ...

Mar 02, 2023 View Article

Reportedly, Pou Chen To Cut Thousands Of Jobs At Its Vietnam Facility – $NKE $DIA

As per reports, Taiwan's Pou Chen Corp, the world's largest maker of branded sports footwear is to cut around 6,000 jobs at its Vietnam's Ho Chi Minh City plant due to sluggish demand. The firm's Pouyuen Vietnam factory will cut 3,000 jobs this month, and not extend labor contracts for another 3,000...

Feb 21, 2023 View Article

Nike To Pay Quarterly Cash Dividend On April 3 – $NKE $DIA $ATOS

Reportedly, the board of NIKE, Inc. (NKE) announced a quarterly cash dividend of $0.340 per share on the Company’s outstanding Class A and Class B Common Stock payable on April 3, 2023. The dividend is payable to shareholders as of March 6, 2023. NIKE, Inc. (NKE) is the world’s top de...

Feb 13, 2023 View Article

Nike Tops Earnings Estimates, Returns $2.1B To Shareholders In Q2 – $NKE $DIA $INVO

Reportedly, NIKE, Inc.'s (NKE) fiscal 2023 financial results for its second quarter exceeded market estimates, but higher costs squeezed the company’s margins. Highlights for the 3 months Quarter Ended Nov 30: Earnings per share of 85 cents were reported versus the 64 cents expected. Re...

Dec 21, 2022 View Article

Nike To Host Q2 Earnings Call On Dec 20 – $NKK $DIA $INVO

Reportedly, NIKE, Inc. is to announce its second quarter fiscal 2023 earnings on December 20, 2022, at approximately 1:15 p.m. PT, followed by a conference call beginning at 2:00 p.m. PT to review the results with the management team. The call can be reached at http://investors.nike.com. NIKE, Inc....

Nov 27, 2022 View Article

Nike Announces Quarterly Dividend Raise – $NKE $DIA $INVO

Reportedly, Nike's board announced a quarterly cash dividend of $0.340 per share on the company’s outstanding Common Stock payable on December 28, 2022, the dividend represents an increase of 11 percent. The dividend is payable to shareholders as of December 5, 2022. NIKE, Inc. (NKE) is t...

Nov 22, 2022 View Article

Nike Recently Ended Ties With Kyrie Irving, The Brooklyn Nets Star – $NKE $DIA

Reportedly, NIKE, Inc. (NKE) has recently withdrawn from its relationship with Kyrie Irving, the Brooklyn Nets star, and canceled its next Irving-branded shoe release, Kyrie 8 after his promotion of an anti-Semitic documentary. The Nets had already suspended Irving for at least five games over the a...

Nov 05, 2022 View Article

Nike Q1 Earnings Slightly Exceeds Estimates – Stays Positive On Q2 Growth – $NKE $DIA $INVO

As per reports, Nike Inc's (NKE) first-quarter earnings exceeded market estimates, however, gross margins dropped as inventories jumped. The sportswear giant reported a 20% drop in earnings to 93 cents a share. Revenue grew 4% to $12.69 billion. Analysts were expecting Nike earnings to fall 21% to 9...

Oct 11, 2022 View Article

Nike Partners With Britain’s JD Sports – $NKE $DIA $INVO

Reportedly, JD Sports Fashion, Britain's biggest sportswear retailer has extended its deal with sportswear giant Nike Inc. (NKE) giving its customers access to more of the U.S. brand's footwear and apparel. The partnership would be Nike's first European retail partner for its Connected Partnership l...

Oct 10, 2022 View Article

Nike Announces Q1 September Release Date – $NKE $DIA $INVO

As per reports, NIKE, Inc. (NKE) is to release its first quarter fiscal 2023 financial results on Thursday, September 29, 2022, at approximately 1:15 p.m. PT, after market trading hours. The news release will be followed by a conference call beginning at 2:00 p.m. PT to review the results by NIKE, I...

Sep 06, 2022 View Article

Nike’s Jordan Brand Enters 20-Year Partnership With Howard University – $NKE $DIA

As per reports, NIKE, Inc. (NKE) Jordan brand announced a 20-year partnership with Howard University aimed to create academic and athletic opportunities elevating the best of the Black community. The partnership is tied to Michael Jordan and the Jordan brand’s $100 million commitment to racial equ...

Aug 28, 2022 View Article

Beaverton, Oregon-based Nike To Pay Quarterly Dividend On Oct 3 – $NKE $INVO $DIA

Reportedly, the board of NIKE, Inc. (NKE) announced a quarterly cash dividend of $0.305 per share on Common Stock (Class A and Class B) to stockholders as of September 6, 2022. The dividend will be paid on October 3, 2022. NIKE, Inc. (NKE) is the world’s top designer, marketer, and dist...

Sep 30, 2022 View Article

Nike & Fanatics Expanding Partnership Starting Summer 2024 – $NKE $DIA

As per reports, NIKE, Inc. (NKE) is expanding its relationship with Fanatics Brands, the company’s in-house apparel and manufacturing division. The expansion will make the brand the licensee for Nike fan apparel and headwear for a select group of leading colleges and universities, starting summ...

Jul 14, 2022 View Article

Nike’s Q4 Earnings – $NKE $DIA

NIKE, Inc. (NKE) reported fourth-quarter earnings, which surpassed some analysts’ estimates and overcame supply-chain pressures that have lingered, however the sports giant said it expects gross margin to be flat to down 50 basis points. “We did take a cautious approach to Greater China. And we...

Jun 30, 2022 View Article

Adidas Sues Nike in Texas For Copying Its Smart Shoes Technology – $NKE $DIA

Reportedly, Adidas is suing NIKE, Inc. (NKE) over claims that the brand infringed its patents with its mobile applications and shoe-fitting technology. The lawsuit, filed in Texas, claims that Nike’s Run Club, Training Club, and SNKRS mobile apps and Adapt system violate nine Adidas patents for ex...

Jun 21, 2022 View Article

Nike Announces To End Run Club App In China – $NKE $DIA

Reportedly, Nike Inc, (NKE) the world's largest sportswear maker, is discontinuing its popular Nike Run Club (NRC) app in China from July. The U.S. sportswear brand announced to its mainland China users through the app and thanked them for their support. However, the sportswear giant did not give a ...

Jun 21, 2022 View Article

Nike’s Diversity Head Felicia Mayo To Exit The Company – $NKE $DIA

As per reports, NIKE's, Inc. (NKE) head of diversity, Felicia Mayo, is scheduled to leave the company at the end of July after two years, marking the second executive to leave that role in as many years. Since July 2020, Felicia Mayo served as chief talent, diversity, and culture officer. Mayo join...

May 23, 2022 View Article

Nike Terminates Sponsorship Deal With Russian Premier League Club Spartak Moscow – $NKE $DIA

As per reports, NIKE, Inc. (NKE) has terminated its sponsorship deal with Russian Premier League club Spartak Moscow as the team will not be taking part in European competitions next season. The governing body of European soccer, UEFA informed Russia will have no affiliated teams participating in it...

May 16, 2022 View Article

Nike Announces Common Stock Dividend Payable July 1, 2022- $NKE $DIA

Reportedly, the board of NIKE, Inc. (NKE) announced a quarterly cash dividend of $.305 per share on its Common Stock payable to shareholders as of June 6, 2022. The dividend is payable on July 1, 2022. NIKE, Inc. (NKE) is the world’s top designer, marketer, and distributor of athletic f...

May 11, 2022 View Article

Nike Appoints Maggie Gauger As Its New Global VP Of Direct Acceleration – $NKE $DIA

Reportedly, NIKE, Inc. (NKE) has appointed Maggie Gauger as its new global VP of direct acceleration. Gauger most recently served as Nike’s global VP of the marketplace, leading a team of more than 150 people to execute Nike’s B2B platform. Earlier, she served as Nike’s VP of global marketplac...

May 04, 2022 View Article

Former Twitter Executive Dantley Davis Joins Nike As VP Of Digital Design – $TWTR $NKE $FB $NFLX

As per reports, NIKE, Inc. (NKE) has named Dantley Davis as the company’s Vice President of digital design. Earlier Davis was positioned as the first chief designer officer at Twitter. According to his LinkedIn profile, he also served as the director of product design at Facebook and as a design d...

Apr 25, 2022 View Article

Sports Wear Giant Nike To Release Q3 Earnings On March 21 – $NKE $DIA

Reportedly, NIKE, Inc. (NKE) is to release its third-quarter fiscal 2022 financial results at approximately 1:15 p.m. PT on Monday, March 21, 2022, followed by a conference call conducted by Nike's management starting at 2:00 p.m. PT to discuss and review results. The conference call will be broad...

Feb 27, 2022 View Article

Nike Sues Online Reseller StockX Over Sell Of Sneaker NFTs – $NKE $DIA

Reportedly, NIKE, Inc. (NKE) has sued online reseller Detroit-based StockX in New York federal court for selling unauthorized images of Nike shoes, making it the latest lawsuit over digital assets known as non-fungible tokens (NFTs). StockX, a platform for reselling sneakers, handbags, and other goo...

Feb 07, 2022 View Article

Home Depot Honors Nike Grind With 2021 Environmental Partner Of The Year -$HD $NKE $DIA

Reportedly, Home Depot (HD) has named Nike Grind as the 2021 Environmental Partner of the Year. Many things go into Nike shoes, from foam cushions for feet, rubber provides traction and accents made with plastics, and leather and colorful textiles to complete the look. These different elements can c...

Jan 02, 2022 View Article

Nike Reports Strong Q2 Earnings With Renewed Focus – $NKE

NIKE, Inc. (NKE) reported better-than-expected second-quarter results as the sports apparel retailer as the retailer continued to focus on cutting ties with retail partners in order to focus on its own stores. Dealing with tight inventories due to supply-chain issues, the sportswear giant is looking...

Dec 21, 2021 View Article

Nike Increases Quarterly Dividend By 11 Percent, Payable Dec 28

As per reports, Nike Inc’s (NKE) board has declared a quarterly cash dividend of $0.305 per share on the company’s outstanding Class A and Class B Common Stock, payable on December 28, 2021. The dividend is payable to stockholders as of December 6, 2021, and marks an increase of 11 percent from ...

Nov 21, 2021 View Article

Nike Schedules Q2 Earnings Release On Dec 20

As per reports, NIKE, Inc. (NKE) is to release its second quarter, 2022 financial earnings at approximately 1:15 p.m. PT, on Monday, December 20, 2021, after trading closes. The Nike management will host a conference call at 2:00 p.m. PT to review the results. The live call can be reached at the c...

Nov 21, 2021 View Article

Nike & U.S. Soccer Federation Reached Long-Term Deal

As per reports, the U.S. Soccer Federation reached a long-term deal with NIKE, Inc. (NKE) to extend their apparel partnership, also elevating the profile of the women's game globally and promoting inclusivity. The partnership that began in 1995 will focus on all levels of the national team, includin...

Nov 15, 2021 View Article

Nike’s Vietnam Contracted Factories Resume Full Production

Reportedly, 200 contracted factories across Vietnam that make sportswear for NIKE, Inc. (NKE) have resumed operations after months of COVID-19 suspension, racing back to get its key manufacturing sector back on track. In mid-July, nearly 80% of Nike's footwear makers and half of its apparel provider...

Nov 09, 2021 View Article

Nike Continues To Rule As Top Choice Among Teens

Reportedly, NIKE, Inc. (NKE) has gained the number 1 apparel brand spot among teens for the eleventh straight year, also a top choice for teens when it comes to footwear, as surveyed by Piper Sandler’s latest "Taking Stock with Teens" survey. The list is followed by Vans at spot 2, and Nike’s-ow...

Oct 06, 2021 View Article

Nike Announces Re-Opening Of Its Nike Sport Research Lab (NSRL) In Beaverton, OR

As per reports, NIKE, Inc. (NKE) announced the re-opening of its Nike Sport Research Lab (NSRL) in the new LeBron James Innovation Center, placed at the center of Nike’s campus in Beaverton, Oregon. The new NSRL is five times larger than the original, created 40 years ago in Exeter, New Hampshi...

Oct 06, 2021 View Article

Nike Q1 Earnings – Supply Chain Issues & Brands Digital Success Highlighted

NIKE, Inc. (NKE) recently released Q1 earnings which were 'curbed' by supply-chain issues, as manufacturing delays due to factory shutdowns in facilities in Asia continued. The sportswear giant reported revenue of $ 12.2 billion vs. $12.47 billion expected. Adjusted earnings of $1.16 cents were repo...

Sep 28, 2021 View Article

Nike Teams Up With Award-Winning Singer Billie Eilish To Launch “100% Vegan” Air Jordans

Reportedly, Nike, Inc. (NKE) is set to launch two pairs of "100% vegan" Air Jordan sneakers on Sep 27, in collaboration with award-winning singer Billie Eilish, 19. Eilish announced the sneakers on her social media handle, showcasing two options a green pair of Air Jordan 1KO, and a tan pair of Air ...

Sep 28, 2021 View Article

BTIG Downgrades Nike From Buy To Neutral – Supply Chain Disruptions Continue

Reportedly, BTIG has downgraded NIKE, Inc. (NKE) rating from Buy to Neutral amid supply chain disruptions. The rising COVID-19 cases in Vietnam with its fully vaccinated rate of only between 4% and 5% has forced Vietnamese government officials to close down manufacturing facilities throughout the ...

Sep 15, 2021 View Article

Nike Schedules Q1 Fiscal 2022 Earnings Conference Call For Sep 23rd

Reportedly, NIKE, Inc. (NKE) to release its first-quarter fiscal 2022 financial results on Thursday, September 23, 2021, following the close of regular trading hours at approximately 1:15 p.m. PT. The management team to hold a conference call beginning at 2:00 p.m. PT to review results. The event w...

Aug 24, 2021 View Article

Nike Schedules Quarterly Dividend Payable Oct 1

As per reports, NIKE, Inc. (NKE) declared its quarterly cash dividend of $0.275 per share to stockholders of record at the close of business on August 30, 2021. The dividend is applicable to the company’s outstanding Class A & Class B Common Share, payable on October 1, 2021. NIKE, ...

Aug 09, 2021 View Article

Is Nike Losing Out To Chinese Rivals Amid The Xinjiang Cotton Boycott?

As per reports, Chinese sportswear makers are performing better than their global peers fueled by the Xinjiang cotton controversy amid Chinese consumer support in response to the alleged human-rights issues in the Xinjiang region. The incident has boosted at least one local sneaker maker by some 250...

Jul 08, 2021 View Article

Nike Announces ‘Rawdacious Tokyo Collection’ In Honor Summer Olympics

As per reports, NIKE, Inc. (NKE) has launched its Rawdacious Tokyo Collection in honor of the 2020 Summer Olympics. The collection includes a range of running silhouettes, including the Air Zoom MaxFly ($180), ZoomX Vaporfly Next% 2 ($250), Air Zoom Victory ($180), ZoomX Dragonfly ($150), Air Zoom L...

Jul 06, 2021 View Article

Nike Crushes Q4 Earnings Expectations – Witnesses Growth In North America & Greater China

As per reports, Nike Inc. (NKE) reported fiscal Q4 earnings and sales this week, beating analyst estimates. The sports giant also offered a better-than-expected sales outlook for the upcoming year, driven by optimistic growth around its women’s category, apparel business, and Jordan brand. Nike wi...

Jun 25, 2021 View Article

Nike Launches “Be True” Collection Celebrating Pride 2021

NIKE, Inc. (NKE) & its subsidiary, Converse continue to celebrate the LGBTQIA+ community with their colorful new footwear. Nike has celebrated its Pride Month with its “Be True” collection since 2012. Nike’s “Be True” footwear and apparel collection, offers each sneaker a velcro patch ...

Jun 09, 2021 View Article

Nike Schedules Fiscal Q4 2021 Earnings Release On June 24

As per reports, Nike Inc (NKE) to release its fourth-quarter fiscal 2021 financial results at approximately 1:15 p.m. PT on Thursday, June 24, 2021, followed by a conference call at 2:00 p.m. PT to review the results by the management team. The live call can be reached at http://investors.nike.com....

May 25, 2021 View Article

Nike Looks Forward To Phased Return Of Employees To Office

Reportedly, NIKE, Inc. (NKE) is preparing for a phased return of its employees to its offices subject to the employee's geographical location. As COVID-19 vaccinations are in full swing, the sportswear giant is one of a growing number of companies planning for life after the pandemic. A phased retu...

May 17, 2021 View Article

Nike To Pay Quarterly Dividend On July 1

As per reports, the board of Nike, Inc. (NKE) has announced a quarterly cash dividend of $0.275 per share on the outstanding Class A and Class B Common stock to shareholders of record on June 1, 2021, payable on July 1, 2021. NIKE, Inc. (NKE) is the world’s top designer, marketer, and distributo...

May 11, 2021 View Article

Nike Launches Nike Refurbished As A Part Of Its Sustainability Initiative

As per reports, Nike Inc (NKE) will begin refurbishing sneakers including Vapormaxes, Air Max, and Reacts, returned by shoppers and resell them at lower prices, in order to reduce consumer waste as a part of its Move-to-Zero initiative under a business model called Nike Refurbished. In order to qual...

Apr 13, 2021 View Article

Nike’s North America Head Steps Down

Reportedly, Nike Inc’s (NKE) Ann Hebert, Vice President and General Manager, North America geography, has departed from the company, effective today, March 1. Ann Hebert leaves the company after 25 years of service. The company plans to announce a new head of its North American geography shortly. ...

Mar 04, 2021 View Article

Nike Announces Dates For Q3 Fiscal 2021 Earnings & Conference Call

Sports-wear giant, NIKE, Inc. (NKE) to announce Q3 fiscal 2021 earnings at 1:15 p.m. PT on Thursday, March 18, 2021, after the market closes. NIKE management will host a conference call at 2:00 p.m. PT followed by the release, to review results. The call can be reached live at http://investors.nik...

Mar 01, 2021 View Article

Nike Announces Quarterly Cash Dividend

As per reports, Nike Inc. (NKE) will pay a quarterly cash dividend of $.275 per share to all outstanding common stock shareholders of Class A & Class B as of March 1, 2021. The dividend is to be paid on April 1, 2021, as announced by the company's Board of Directors. NIKE, Inc. (NKE) is the wor...

Feb 12, 2021 View Article

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