Nike is by far the world’s largest athletic shoe manufacture,with an estimated market share of about50%. The company also sells a wide range of apparel under its own brand,and affiliated brands such as Converse and Hurley.
What share price did Nike go public at?
Nike had its IPO on Dec. 2, 1980. The stock was first sold to the public at $22 per share and traded in the over-the-counter (OTC) market on the NASDAQ.There have been seven stock splits– all 2 …
What Stock Exchange does Nike trade on?
Nike was founded in 1964 and is based in Beaverton, Oregon. What symbol and exchange does Nike stock trade? Nike trades on the NYSE stock market under the symbol NKE. What is Nike stock price doing today? As of April 29, 2022, NKE stock price declined to $125.46 with 1,771,383 million shares trading. What is Nike’s Beta?
How to invest in Nike stock?
Steps to Buy Nike sharesFind a good online broker. Not all brokers have access to the NYSE. …Open your Brokerage Account. After finding your online broker,you need to open an account. …Deposit Money to your Account. Because you need money to buy Nike stocks,you’ll need to deposit money into your stock account. …Buy the Nike Share. …Review your Nike shares regularly. …
How much does one share of Nike cost?
With any investment you choose, it’s OK, and even wise, to start small with one or two shares; you can always add to your investment over time. As of this writing, shares of Nike are selling for about $160 apiece. But there are other things to consider as you think through how much you should invest in a company like Nike.
How much did Nike pay for the swoosh logo?
The designer of Nike’s swoosh logo was paid $35 in the late 1960s (about $220 today). [ 21]
How much did Nike spend on advertising in 2021?
Nike spent $3.114 billion on advertising in its fiscal year 2021. [ 1]
How much does Kevin Durant make a year?
Kevin Durant earns an estimated $26 million a year from his sneaker deal with Nike. [ 22] Date: Aug 28, 2019. Zion Williamson earns an estimated $13 million a year from his deal with Nike’s Jordan Brand.
How much does Lebron James make a year?
Lebron James earns an estimated $32 million a year from his sneaker deal with Nike. [ 22] Date: Aug 28, 2019. Kobe Bryant earned an estimated $16 million a year from his sneaker deal with Nike. [ 22] Date: Aug 28, 2019. Kevin Durant earns an estimated $26 million a year from his sneaker deal with Nike.
How much money did Michael Jordan make from Nike?
Michael Jordan has earned over $1 billion from his endorsement deals with Nike. [ 18]
When did Nike buy Cole Haan?
Nike acquired Cole Haan for $80 million in 1988 and sold it in 2012 for $570 million. [ 15]
When did Nike buy Starter?
Nike acquired Starter in 2004 and sold it in 2007 for $60 million. [ 12]
What is the market share of Nike in 2025?
Between 2011 and 2025, Nike’s global market share in sports and sports inspired footwear is predicted to remain steady at around 27.4 percent. Nike. Founded in January 25, 1964 and headquartered in Beaverton, Oregon, Nike, Inc. is the world’s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment.
What are the major players in the sporting goods industry?
Over the years, the sporting goods industry has seen many mergers and acquisitions. Other key players in the industry include Reebok, Adidas, Puma, and Under Armour . Some of these companies are joining up with fashion designers to produce new clothing styles and widen their product lines.
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Who does Nike sponsor?
The company sponsors many high-profile professional athletes such as Cristiano Ronaldo, Rafael Nadal, Lebron James, and Rory Mcllroy to use their products and promote and advertise their technology and design. On top of that, Nike also manufactures and provides kits (uniforms) for a wide range of sports teams like Barcelona, Manchester City, and Paris Saint-Germain and many U.S. colleges as well.
How much is Nike worth?
As of 2019, Nike was the most valuable global apparel brand, with a brand value of over 32 billion U.S. dollars. Nike also held the largest market share of the global apparel market. The company also has a very strong financial record, generating over 30 billion U.S. dollars in revenue each of the last four fiscal years.
What is Nike 2021?
, Feb 19, 2021. Nike, Inc. is an American multinational corporation which is the world’s largest supplier and manufacturer of athletic shoes, apparel and other sports equipment.
How many people does Nike employ?
The company employed about 76,700 people worldwide in 2019. The North American region of Nike generated the largest portion of the company’s revenue with approximately 15.9 billion U.S. dollars in 2019.
What is Nike famous for?
Nike is famous for its ‘Swoosh’ logo as well as its "Just Do It" slogan. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, Nike CR7, and subsidiaries including Brand Jordan, Hurley International and Converse.
Where is Nike headquartered?
Nike, Inc. includes the Nike, Converse, Hurley, and Jordan brands and the company is headquartered in Beaverton, Oregon, in the United States. The company takes its name from Nike, the Greek goddess of victory. Nike is famous for its ‘Swoosh’ logo as well as its "Just Do It" …
Is Nike a popular brand?
Nike is one of the most popular brands amongst men and women when it comes to athletic apparel worldwide. In the United States it is also the favorite sport apparel brand of both men and women. Unsurprisingly a large proportion of Americans own Nike brand apparel.
Who owns Converse shoes?
In 2019, footwear led the way in terms of sales revenues, bringing in over 24 billion U.S. dollars that year. Converse is owned by Nike and is one of the company’s success stories, generating steady revenues year after year. The company employed about 76,700 people worldwide in 2019.
How old is Nike?
However, it’s important to take into consideration the relative age of some of those players. As Powell put it, "Nike is nearly 60 years old." Lululemon, on the other hand, was founded in 1998, while Under Armour was founded in 1996.
How much did Nike make in 2011?
On its own, that metric may not sound especially unique. However, the athletics brand was already making $20.1 billion annually in 2011. That means it grew revenues by more than $20 billion over those 10 years, and in fact, revenues surged an extra $4 billion or so on top of that, to $44.5 billion.
What are the factors that contribute to Nike’s success?
There are several contributors to Nike’s success. Saunders, for one, pointed to Nike’s distribution capabilities, global reach and innovation as key to its growth over the years. Others have highlighted the brand’s use of data and focus on a connected customer experience or the company’s relentless pursuit of excellence.
Is Nike a giant?
To be sure, Nike is a giant within its own sporting goods space, eclipsing its closest competitor Adidas by over $20 billion, but it also makes quite a bit compared to the retail space at large. And there’s no sign of stopping ahead: The retailer is projecting net sales will hit $50 billion by its next annual report.
Is Nike a favorite?
Retail always has its favorites, which have impressed for one reason or another, and therefore remain closely watched by competitors and often praised by outsiders. Nike is certainly a favorite in its own space, but how much does the retailer make compared to other retail favorites?
Who believes food is the major driver of high revenues for Walmart and Costco?
Saunders agrees and believes food is the major driver of high revenues for Walmart and Costco. "Both players are extremely effective operators who have excellent distribution capability and a strong reputation for value — which is very important to food shoppers," Saunders said.
Is Under Armour more niche than Nike?
Under Armour and Lululemon are also more niche than Nike, experts said. Nike competes more broadly in the footwear space than the others, and Lululemon is centered more squarely around yoga and wellness. Nike possesses a far greater global distribution than the two younger brands, which are more focused in North America. But perhaps the biggest differentiator is Nike’s hold on the U.S. market, which also helps explain its dominance over Adidas, which was founded long before Nike, in 1949.
What is Nike Inc?
Nike Inc is the largest athletic footwear and apparel brand in the world. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, soccer, training, sportswear, and Jordan. Footwear generates about two thirds of its sales. Nike’s brands include Nike, Jordan, and Converse …
What is market cap?
Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). NASDAQ does not use this value to determine compliance with the listing requirements.
How many factories does Nike have?
Nike’s brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide and outsources its production to more than 400 factories in m. ore than 40 countries.
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Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment.
Where is Nike based?
than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Does market cap include convertible securities?
It does not include securities convertible into the common equity securities. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable).
How much did Nike sell in 2018?
After tax, in 2018, Nike had sales of $4 billion compared to $1.1 billion for Adidas.
When did Nike start?
Answer here. Nike is a relatively new brand since it was launched in 1971 by Philip Knight and Bill Bowerman. Based in Beaverton, Oregon, it has also owned Converse since 2003. The group bought and then sold Umbro and Bauer (a brand well known to ice hockey fans). Nike is also present in a wide range of sports: athletics, basketball, cricket, …
Is Nike a sports brand?
Nike is also present in a wide range of sports: athletics, basketball, cricket, football, handball, rugby, American football…. Adidas was born in 1949. He is Nike’s front runner in all sports. The German brand bought and relaunched Reebok in 2005.
Which region accounts for 25% of the total sales of Adidas?
The Europe-Middle East-Africa region accounts for 25% of the total. China, an emerging and growing market, contributes 14% of the total turnover. Adidas, on the other hand, is less dependent on a single geographical area.
Is Adidas a strong competitor?
But Adidas remains a strong competitor and a strong second in the market. The three-band brand has two major strengths: a more widespread global presence and faster growth than the American mastodon.
What is MarketBeat community ratings?
MarketBeat’s community ratings are surveys of what our community members think about NIKE and other stocks. Vote “Outperform” if you believe NKE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is Nike shoes?
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
What is the dividend payout ratio of Nike?
NIKE does not yet have a strong track record of dividend growth. The dividend payout ratio of NIKE is 30.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NIKE will have a dividend payout ratio of 22.04% next year.
What is the NKE symbol?
NIKE trades on the New York Stock Exchange (NYSE) under the ticker symbol "NKE."
What is the peg ratio of Nike?
NIKE has a PEG Ratio of 3.22. PEG Ratios above 1 indicate that a company could be overvalued.
Where is Nike located?
NIKE is headquartered at ONE BOWERMAN DRIVE, BEAVERTON OR, 97005.
When did Nike split?
NIKE shares split on the morning of Thursday, December 24th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were payable to shareholders after the market closes on Wednesday, December 23rd 2015. An investor that had 100 shares of NIKE stock prior to the split would have 200 shares after the split.
How many shares does BlackRock own?
BlackRock owns 91.0 million shares of Nike, representing 5.9% of total shares outstanding, according to the company’s 13F filing as of March 31, 2020. 15 ? The company is primarily a mutual fund and ETF management company with approximately $6.5 trillion in AUM. 19 ? The iShares Core S&P 500 ETF ( IVV) is among one of BlackRock’s largest ETFs with approximately $197.7 billion in AUM. Nike comprises 0.5% of IVV’s holdings. 20 ?
How many shares does Mark Parker own?
Mark Parker holds 1,450,813 shares of Nike stock, representing roughly 0.09% of outstanding shares. 11 Mark Parker serves as Executive Chair of Nike, having previously been the President, CEO, and chair for 14 years. Parker stepped down as CEO in 2019. 12 Parker’s career at Nike began in 1979 as a footwear designer, and he has also held executive leadership positions at the company in business lines such as Consumer Product Marketing, Global Footwear, and Nike Brand. 9
How many classes of stock does Nike have?
Note that Nike has two classes of stock. Class A, which are not available on the open market and are convertible into class B shares on a 1-for-1 basis; and Class B, the normal Nike shares available to all investors. 3 ? The primary difference is that holders of Class A shares elect 9 of the 12 members of Nike’s board, …
How much does Philip Knight own Nike?
Billionaire Philip Knight directly owns 29,154,487 shares of Class A and 11,385,687 shares of Class B Nike stock, representing 9.3% of outstanding Class A shares and 0.9% of outstanding Class B shares as of April 2, 2020; Knight owns 2.6% of all outstanding shares as of that date. 6 7 In 1964, Knight co-founded Blue Ribbon Sports, later to be renamed Nike, with his former track coach, Bill Bowerman. Over the next six decades, Nike would become one of the world’s biggest and most powerful brands in sports shoes and apparel, making Knight one of the worlds’ wealthiest persons. 8 Knight ran the company as president from 1968 to 1990, save for a brief interlude, and again from 2000 to 2004. Knight has served on the board of directors since the 1960s and retired as the chair after in June 2016. He was appointed Chair Emeritus, a non-voting board member. 9 He and his family are ranked 25th on the Forbes list of billionaires, with a net worth of $39.3 billion. 10
Who owns Nike stock?
Vanguard Group owns 109.2 million shares of Nike, representing 7.0% of total shares outstanding, according to the company’s 13F filing for the period ending March 31, 2020. 15 ? The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management ( AUM ). 17 ? The Vanguard Dividend Appreciation ETF ( VIG) tracks an index of U.S. companies with steadily increasing dividends over 10 or more consecutive years and has $43.0 billion in AUM. Nike stock represents around 1.6% of the fund’s holdings. 18 ?
Who makes Nike products?
Most of Nike’s products are manufactured by independent contractors. The company sells its products direct-to-consumer through both its retail outlets and its digital platforms, as well as through independent distributors and retailers. 1 ?. The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., …
Who is Nathan Reiff?
Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016.