$NKE (NIKE, Inc.)

$NKE {{ '2016-06-28T21:49:49+0000' | timeago}} • Webcast

$NKE said all of its international geographies grew double digits with North America growing at a high single digit rate, in line with the long-term targeted rate. Effective tax rate for FY16 was 18.7%, 350 BP lower than the previous year, mainly due to a higher mix of non-US earnings.

$NKE {{ '2017-06-30T12:06:36+0000' | timeago}} • Webcast

$NKE said that on the $AMZN partnership, it's a small pilot currently and not much can be spoken about the future plans. The company will continue to work with the retailer and if it sees success then it will work on to build the plan to scale it.

$NKE {{ '2017-06-30T11:55:57+0000' | timeago}} • Webcast

$NKE expects modest decline of about 50 BP in GM, with FX having a greater impact in 1H18. However, SG&A is expected to grow in the mid single-digit range, inclusive of costs related to leadership and organizational realignment. $NKE expects majority of those costs to be incurred in 1H18.

$NKE {{ '2017-06-30T11:33:33+0000' | timeago}} • Webcast

$NKE's nearly three quarters of NIKE.com consumers were members in 4Q17, up 25%, with a plan to accelerate through stronger member benefits and international expansion. The company has also begun a new partnership with Instagram that will allow consumers to purchase $NKE product in the Instagram app.

$NKE {{ '2017-06-30T11:31:11+0000' | timeago}} • Webcast

$NKE's digital products surpassed a milestone of over $2Bil in revenue in FY17, which was nearly double of what it was two years ago. In FY18, both SNKRS and NIKE shopping apps will be expanding into Europe and Greater China. $NKE added that its members on its apps are spending nearly triple of what others spend on NIKE.com.

$NKE {{ '2017-06-29T21:37:49+0000' | timeago}} • Infographic

$NKE Nike Inc. Earnings AlphaGraphics: Q4 2017 highlights

$NKE {{ '2017-06-29T20:50:35+0000' | timeago}} • Announcement

$NKE repurchased a total of 14.9MM shares for approx. $820MM during 4Q17, as part of the four-year, $12Bil program approved by its BoD in Nov. 2015. As of May 31, 2017, a total of 79.8MM shares had been repurchased under this program for approx. $4.4Bil.

$NKE {{ '2017-06-29T20:44:02+0000' | timeago}} • Announcement

$NKE, which recently cut 2% of its workforce and initiated a new business structure, reported a 19.14% jump in 4Q17 earnings, driven by global revenue growth, lower expense, and lower tax rate. Net income rose to $1Bil for the quarter from $846MM a year earlier, while revenue inched up 5.25% to $8.67Bil.

$NKE {{ '2017-03-21T22:39:24+0000' | timeago}} • Webcast

$NKE stated that despite volatility in the last two years, the dollar is strengthening. The larger single annual impact of FX will be in FY18. The FX impact has been a double-digit negative headwind on EPS growth. Excluding foreign currency, the growth would be in double-digits. $NKE did not provide a specific guidance for the impact of FX on FY18.

$NKE {{ '2017-03-21T22:28:46+0000' | timeago}} • Webcast

$NKE said that the retail landscape, particularly in the US, is not in a steady state. The changes have created some big opportunities and some challenges. These changes are being driven by the consumer and consumer demand, the company added.

$NKE {{ '2017-03-21T22:17:20+0000' | timeago}} • Webcast

For 4Q17, $NKE targets 150-175 basis points of gross margin contraction versus prior year with the year-over-year variance largely driven by FX headwind. SG&A expense is expected to be roughly flat compared to the prior year.

$NKE {{ '2017-03-21T22:06:54+0000' | timeago}} • Webcast

In 4Q17, $NKE expects reported revenue to grow in the mid-single digit range, slightly below 3Q17 reported rate of growth. On a currency neutral basis, revenue growth is expected to be in the high single-digit range. The company expects strong growth in international geographies ranging from Greater China to Europe.

$NKE {{ '2017-03-21T21:54:06+0000' | timeago}} • Webcast

$NKE said that a continued shift to more active life style is fueling growth in western Europe and Greater China. In 3Q17, western Europe grew across all categories and territories, across direct-to-consumer and wholesale, led by digital. In China, the number of marathons grew 500% and government predicts a sports economy valued at $850Bil by 2025.

$NKE {{ '2017-03-21T21:23:51+0000' | timeago}} • Webcast

$NKE said that consumers have decided digital as just part of their shopping experience. This decision and other factors have shifted consumer patterns, especially in North America, impacting traffic, the economics of brick and mortar retail and driving more promotional environment in the near term.

$NKE {{ '2017-03-21T21:17:22+0000' | timeago}} • Announcement

$NKE repurchased a total of 8.9MM shares for about $475MM during 3Q17. Meanwhile, gross margin contracted 140 basis points in the quarter to 44.5%, while effective tax rate went down to 13.8% from 16.3% a year ago. As on Feb. 28, 2017, cash and short-term investments were $6.2Bil, with inventories up 7% at $4.9Bil.

$NKE {{ '2017-03-21T21:12:44+0000' | timeago}} • Announcement

During 3Q17, revenues in $NKE’s North America division grew 3% to $3.78Bil from last year. Revenues in Western Europe increased 4% to $1.5Bil, while Central and Eastern Europe revenues inched 1% up to $362MM. Revenues from Greater China division grew 9% to $1.075Bil and from Japan grew 15% to $236MM. Emerging markets revenues rose 8% to $950MM.

$NKE {{ '2017-03-21T21:10:22+0000' | timeago}} • Infographic

$NKE NIKE Inc. Earnings AlphaGraphics: Q3 2017 Highlights

$NKE {{ '2017-03-21T21:03:26+0000' | timeago}} • Announcement

Athletic apparel and footwear giant $NKE posted a 20% jump in 3Q17 net income to $1.14Bil. Diluted EPS grew 24% to $0.68 from a year ago, aided by consumer demand in all regions. Revenues rose 5% to $8.43Bil, up 7% on a constant currency basis.

$AAPL {{ '2017-03-21T13:34:04+0000' | timeago}} • Announcement

$AAPL launched a new lineup of band colors for Apple Watch. The latest additions include a wide stripe woven nylon band, $NKE sport bands and Hermes bands in new colors.

$NKE {{ '2017-02-16T21:50:20+0000' | timeago}} • Announcement

$NKE announced that its BoD declared a quarterly cash dividend of $0.18 per share on the company’s outstanding Class A and Class B common stock payable on April 3, 2017, to shareholders of record on March 6, 2017.

$NKE {{ '2016-12-20T23:22:22+0000' | timeago}} • Webcast

$NKE's inventory in North America is down. The company believes it made progress in tightening supply and demand and positioning itself for more sustainable profitable growth in 2H17. $NKE is seeing good growth in nike.com. The Factory store business has been a good channel to take the actions required to rebalance supply and demand.

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