Company profile

Ticker
NKE
Exchange
Website
CEO
Mark G. Parker
Employees
Incorporated
Location
Fiscal year end
Former names
Nike Inc
SEC CIK
IRS number
930584541

NKE stock data

(
)

Calendar

24 Jul 20
7 Aug 20
31 May 21

News

Company financial data Financial data

Quarter (USD) May 20 Feb 20 Nov 19 Aug 19
Revenue 6.31B 10.1B 10.33B 10.66B
Net income -790M 847M 1.12B 1.37B
Diluted EPS -0.49 0.53 0.7 0.86
Net profit margin -12.51% 8.38% 10.80% 12.82%
Net change in cash 5.49B -207M -376M -1.02B
Cash on hand 8.35B 2.86B 3.07B 3.45B
Cost of revenue 3.96B 5.63B 5.78B 5.79B
Annual (USD) May 20 May 19 May 18 May 17
Revenue 37.4B 39.12B 36.4B 34.35B
Net income 2.54B 4.03B 1.93B 4.24B
Diluted EPS 1.6 2.49 1.17 2.51
Net profit margin 6.79% 10.30% 5.31% 12.34%
Net change in cash 3.88B 217M 441M 670M
Cash on hand 8.35B 4.47B 4.25B 3.81B
Cost of revenue 21.16B 21.64B 20.44B 19.04B

Financial data from NIKE earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
5 Aug 20 Campion Andrew Class B Common Stock Sell Dispose S Yes 97.12 5,043 489.78K 128,290
3 Aug 20 Mark G Parker Class B Common Stock Payment of exercise Dispose F No 98.33 17,811 1.75M 1,423,635
3 Aug 20 Matheson Monique S. Class B Common Stock Payment of exercise Dispose F No 98.33 3,942 387.62K 144,126.038
3 Aug 20 Matthew Friend Class B Common Stock Payment of exercise Dispose F No 98.33 905 88.99K 95,177.184
3 Aug 20 Krane Hilary K Class B Common Stock Payment of exercise Dispose F No 98.33 4,554 447.79K 155,724.868
80.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1762 1840 -4.2%
Opened positions 139 274 -49.3%
Closed positions 217 85 +155.3%
Increased positions 710 716 -0.8%
Reduced positions 732 601 +21.8%
13F shares
Current Prev Q Change
Total value 839.91B 1.01T -16.7%
Total shares 999.93M 1.02B -1.9%
Total puts 16.46M 15.31M +7.5%
Total calls 10.34M 9.01M +14.8%
Total put/call ratio 1.6 1.7 -6.4%
Largest owners
Shares Value Change
Vanguard 109.17M $9.03B +2.5%
BLK BlackRock 90.98M $7.53B +1.7%
STT State Street 58.65M $4.87B -0.6%
FMR 31.05M $2.57B +3.2%
BK Bank of New York Mellon 26.55M $2.2B +2.3%
Wellington Management 22.18M $1.83B +0.3%
Geode Capital Management 21.11M $1.74B +1.1%
Capital World Investors 20.7M $1.71B +2.5%
MS Morgan Stanley 20.53M $1.7B +34.4%
NTRS Northern Trust 20.17M $1.67B -2.0%
Largest transactions
Shares Bought/sold Change
N Price T Rowe Associates 11.39M -17.14M -60.1%
Norges Bank 0 -12.97M EXIT
Jennison Associates 14.06M -9.07M -39.2%
Fisher Asset Management 5.89M +5.86M +19144.2%
MS Morgan Stanley 20.53M +5.26M +34.4%
Brown Brothers Harriman & Co 2.99M +2.93M +4945.4%
Vanguard 109.17M +2.63M +2.5%
Capital Research Global Investors 16.35M -2.44M -13.0%
1832 Asset Management 2.13M -2.35M -52.4%
Polen Capital Management 8.77M -2.11M -19.4%

Financial report summary

?
Risks
  • Special Note Regarding Forward-Looking Statements and Analyst Reports
  • Our financial condition and results of operations have been and are expected to continue to be adversely affected by the coronavirus pandemic.
  • Global economic conditions could have a material adverse effect on our business, operating results and financial condition.
  • Our products, services and experiences face intense competition.
  • Failure to maintain our reputation, brand image and culture could negatively impact our business.
  • Our business is affected by seasonality, which could result in fluctuations in our operating results.
  • If we are unable to anticipate consumer preferences and develop new products, we may not be able to maintain or increase our revenues and profits.
  • We rely on technical innovation and high-quality products to compete in the market for our products.
  • Failure to continue to obtain or maintain high-quality endorsers of our products could harm our business.
  • Economic factors beyond our control, and changes in the global economic environment, including fluctuations in inflation and currency exchange rates, could result in lower revenues, higher costs and decreased margins and earnings.
  • We may be adversely affected by the financial health of our customers.
  • Failure to accurately forecast consumer demand could lead to excess inventories or inventory shortages, which could result in decreased operating margins, reduced cash flows and harm to our business.
  • Our NIKE Direct operations have required and will continue to require a substantial investment and commitment of resources and are subject to numerous risks and uncertainties.
  • If the technology-based systems that give our consumers the ability to shop or interact with us online do not function effectively, our operating results, as well as our ability to grow our digital commerce business globally or to retain our customer base, could be materially adversely affected.
  • We rely significantly on information technology to operate our business, including our supply chain and retail operations, and any failure, inadequacy or interruption of that technology could harm our ability to effectively operate our business.
  • We are subject to a complex array of laws and regulations and litigation and other legal and regulatory proceedings, which could have an adverse effect on our business, financial condition and results of operations.
  • Changes to U.S. or other countries' trade policies and tariff and import/export regulations or our failure to comply with such regulations may have a material adverse effect on our reputation, business, financial condition and results of operations.
  • Failure to adequately protect or enforce our intellectual property rights could adversely affect our business.
  • We are subject to data security and privacy risks that could negatively affect our results, operations or reputation.
  • Our international operations involve inherent risks which could result in harm to our business.
  • Our products are subject to risks associated with overseas sourcing, manufacturing and financing.
  • We could be subject to changes in tax rates, adoption of new tax laws, additional tax liabilities or increased volatility in our effective tax rate.
  • Consolidation of retailers or concentration of retail market share among a few retailers may increase and concentrate our credit risk and impair our ability to sell products.
  • We are subject to the risk our licensees may not generate expected sales or maintain the value of our brands.
  • Failure of our contractors or our licensees' contractors to comply with our code of conduct, local laws and other standards could harm our business.
  • If one or more of our counterparty financial institutions default on their obligations to us or fail, we may incur significant losses.
  • We rely on a concentrated source base of contract manufacturers to supply a significant portion of our footwear products.
  • Our success depends on our global distribution facilities.
  • The market for prime real estate is competitive.
  • Extreme weather conditions and natural disasters could negatively impact our operating results and financial condition.
  • Our financial results may be adversely affected if substantial investments in businesses and operations fail to produce expected returns.
  • The success of our business depends, in part, on high-quality employees, including key personnel as well as our ability to maintain our workplace culture and values.
  • Our business operations and financial performance could be adversely affected by changes in our relationship with our workforce or changes to United States or foreign employment regulations.
  • The sale of a large number of shares of common stock by our principal stockholder could depress the market price of our common stock.
  • Changes in our credit ratings or macroeconomic conditions may affect our liquidity, increasing borrowing costs and limiting our financing options.
  • If our internal controls are ineffective, our operating results could be adversely affected.
  • If our estimates or judgments relating to our critical accounting policies prove to be incorrect, our operating results could be adversely affected.
  • Anti-takeover provisions may impair an acquisition of the Company or reduce the price of our common stock.
  • We may fail to meet market expectations, which could cause the price of our stock to decline.
Management Discussion
  • Fiscal 2020 NIKE, Inc. Revenues declined 4% to $37.4 billion, as revenue growth of 7% for the first nine months of fiscal 2020 was more than offset by a 38% decline in the fourth quarter due to the impacts of COVID-19. The NIKE Brand, which represents over 90% of NIKE, Inc. Revenues, experienced a 4% decline, down 2% on a currency-neutral basis, driven by declines across nearly all geographies, partially offset by 11% currency-neutral growth in Greater China. NIKE Direct grew 8% on a currency-neutral basis driven by 49% growth in digital, with all geographies growing strong double digits, while wholesale revenues declined 7%. Revenues for Converse declined 3% and 1%, on a reported and currency-neutral basis, respectively, as revenue growth in Asia was more than offset by declines in North America, Europe and licensee markets.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accommodate, accused, Addressing, affiliated, agility, aspect, attrition, Axo, Bain, bond, Cambodia, challenging, choose, citizenship, civil, cleaning, criminal, curb, cybersecurity, deferral, disaster, discrete, discrimination, disinfecting, disinfection, distancing, divestiture, Dong, dynamic, eBay, efficacy, empowered, evidenced, exacerbate, expertise, expropriation, extenuating, facial, fastest, FlyEase, foundation, frequency, Friend, gathering, globe, Goldman, gradually, Grupo, hand, harassment, Heidi, hour, illegal, implicit, indirect, insight, lender, magnitude, Matrix, Matthew, metric, Morgan, Nai, NaN, nationalist, Northern, outbreak, overtime, pandemic, partnership, postponed, postponement, prompted, Province, published, quickly, rare, rearranging, reconciled, regular, relapse, relief, relocate, remittance, remote, removed, reopened, reopening, resume, sanitizer, satisfactory, SBF, sensing, ServiceNow, situation, slowdown, Southern, spread, Stanley, stoppage, strain, streamline, strife, strike, style, suggested, surfaced, suspend, suspended, suspension, Suzhou, telecommunication, temperature, unemployment, unethical, unified, unify, unlock, vaccine, vision, VP, vulnerable, war, workforce, Wuhan
Removed: abston, account, accountant, achieved, acutely, advocated, amendment, Argentine, attorney, award, certified, composed, conform, Controller, Costa, deepening, demonstrated, dictated, Eric, focusing, Foothill, impending, Interbank, invoice, largely, London, Lunar, Mesa, noncompliance, optional, Peso, power, prospectively, Ranch, shipped, Slower, Slusher, Sprunk, step, Subtopic, traditional, Waterhouse, wholly, worth