In the current trading session, NIKE, Inc. (NKE) is priced at $44.82, showing a decrease of 32 cents (-0.709%) compared to the previous close of $45.14. Trading volume is at $3.59 million, representing a 17.66% change relative to the average volume.
NIKE's latest quarterly earnings report, announced on Monday, March 30th, revealed an earnings per share of 0.35, surpassing the consensus estimate of 0.29.
The company offers a forward dividend yield of 3.66%. The dividends per share stand at 41 cents on a quarterly basis, showing a year-over-year increase of 6.6225 cents. The trailing twelve months dividend per share is $1.62.
NIKE generated free cash flow of $284 million. Notable financial activities include stock-based compensation of $194 million and no net acquisitions or debt repayment. The company repurchased $17 million worth of common stock, resulting in a net cash decrease of $314 million.
With $11.28 billion in revenue, NIKE reported a gross profit of $4.53 billion and an operating income of $553 million. The net income for the period was $520 million, translating to earnings per share of 35 cents.
Key financial ratios for NIKE include a gross profit margin of 40.16%, a return on equity of 3.69%, and a price to earnings ratio of 44.21.
The balance sheet indicates total assets of $37 billion, with total liabilities at $22.97 billion. Net debt stands at $4.52 billion.
This comprehensive overview provides insights into NIKE's current financial standing and market performance.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it 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 under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company 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.