Nike, Inc. - Class B (NKE)
Summary
NIKE's Inventory Cleanup: Short-Term Pain, Long-Term Gain Ahead?
NKE's inventory cleanup targets excess products and discounting, while new footwear and supply-chain actions aim to improve margins over time.
Nike (NKE) Suffers a Larger Drop Than the General Market: Key Insights
The latest trading day saw Nike (NKE) settling at $39.06, representing a -1.36% change from its previous close.
At Nike's NYC street race, where runners went head-to-head for rent money, affordability was top of mind
Nike offered two NYC street-race winners up to $4,000 each to cover a month's rent. Some racers and spectators said $4,000 doesn't go far enough in New York's housing market.
Nike, Inc. - Class B Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 10,010 | $851,431.56 | $417,517.1 | -$433,914.46 | -50.96% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 447 | $43,622.91 | $18,644.37 | -$24,978.54 | -57.26% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 894 | $64,444.31 | $37,288.74 | -$27,155.57 | -42.14% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 11,043 | $1.26M | $460,603.53 | -$800,907.38 | -63.49% |
 Curtis Ellergodt Rothschild Investment LLC | 138,569 | $9.46M | $5.88M | -$3.58M | -37.8% |
Nike, Inc. - Class B Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Nick Anderson Bernstein | 2,127.07 | $91,591.59 | $91,570.32 | -$21.27 | -0.02% |
Nike, Inc. - Class B (NKE) FAQ
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Nike, Inc. - Class B Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Elliott J. Hill CEO | NYSE Exchange | 654106103 CUSIP |
| US Country | 73,000 Employees | 1 Sep 2026 Last Dividend | 24 Dec 2015 Last Split | 2 Dec 1980 IPO Date |
Overview
NIKE, Inc., a global leader in the design, development, marketing, and sales of athletic footwear, apparel, equipment, accessories, and services, operates a diverse portfolio of products distributed worldwide. Founded in 1964 and headquartered in Beaverton, Oregon, NIKE has grown to become a household name in athletics, emphasizing innovation and branding to connect with consumers across various sports and lifestyle activities. Through its extensive range of subsidiaries, NIKE caters to a broad audience, delivering performance and casual products designed to meet the needs of professional athletes, sports enthusiasts, and casual wearers alike.
Products and Services
NIKE’s product line is comprehensive, covering a wide range of sports and lifestyle needs. Below are the main categories:
- Athletic and Casual Footwear, Apparel, and Accessories: Produced under the Jumpman trademark, these products are designed for both athletic performance and casual wear, offering versatility for users in different settings.
- Casual Sneakers, Apparel, and Accessories: Marketed under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks, this range emphasizes casual and lifestyle-oriented footwear and clothing, appealing to a wide consumer base looking for style and comfort.
- Performance Equipment and Accessories: This line includes bags, sport balls, socks, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other sports-related items under the NIKE brand. Designed for enhancing athletic performance across a variety of sports disciplines.
- Plastic Products for Other Manufacturers: NIKE also produces a range of plastic products used by other manufacturers, showcasing the company's versatility and innovation beyond its core consumer products.
- Apparel with Licensed College and Professional Team and League Logos: NIKE designs and markets sports apparel featuring logos of college teams, professional teams, and leagues, catering to fans who want to support their favorite teams through clothing.
- Licensing: The company licenses third parties to manufacture and sell apparel, digital devices, applications, and other equipment for sports activities under NIKE-owned trademarks, expanding its reach and presence in the sports industry.
NIKE products are available through various distribution channels, including NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives, ensuring widespread availability to consumers around the globe.
