Company profile

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

NKE stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

7 Apr 20
4 Jun 20
31 May 21

News

Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 10.1B 10.33B 10.66B 10.18B
Net income 847M 1.12B 1.37B 989M
Diluted EPS 0.53 0.7 0.86 0.62
Net profit margin 8.38% 10.80% 12.82% 9.71%
Net change in cash -207M -376M -1.02B 771M
Cash on hand 2.86B 3.07B 3.45B 4.47B
Cost of revenue 5.63B 5.78B 5.79B 5.55B
Annual (USD) May 19 May 18 May 17 May 16
Revenue 39.12B 36.4B 34.35B 32.38B
Net income 4.03B 1.93B 4.24B 3.76B
Diluted EPS 2.49 1.17 2.51 2.16
Net profit margin 10.30% 5.31% 12.34% 11.61%
Net change in cash 217M 441M 670M -714M
Cash on hand 4.47B 4.25B 3.81B 3.14B
Cost of revenue 21.64B 20.44B 19.04B 17.41B

Financial data from Nike earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Jun 20 Mark G Parker Class B Common Stock Sell Dispose S 98.56 41,557 4.1M 1,889,511
1 Jun 20 Mark G Parker Class B Common Stock Option exercise Aquire M 17.24 41,557 716.44K 1,931,068
1 Jun 20 Mark G Parker Class B Common Stock Sell Dispose S 99.34 123,443 12.26M 1,889,511
1 Jun 20 Mark G Parker Class B Common Stock Option exercise Aquire M 17.24 123,443 2.13M 2,012,954
1 Jun 20 Mark G Parker NQSO Class B Common Stock Option exercise Dispose M 17.24 41,557 716.44K 0
1 Jun 20 Mark G Parker NQSO Class B Common Stock Option exercise Dispose M 17.24 123,443 2.13M 41,557
1 Jun 20 Heidi O'neill Class B Common Stock Grant Aquire A 0 60,278 0 119,534.176
1 Jun 20 Matthew Friend Class B Common Stock Grant Aquire A 0 60,278 0 84,555.184
1 Jun 20 Slusher John F Class B Common Stock Grant Aquire A 0 40,185 0 229,527.222
1 Jun 20 Matheson Monique S. Class B Common Stock Grant Aquire A 0 40,185 0 137,713.038
80.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1744 1836 -5.0%
Opened positions 137 272 -49.6%
Closed positions 229 85 +169.4%
Increased positions 704 716 -1.7%
Reduced positions 725 599 +21.0%
13F shares
Current Prev Q Change
Total value 839.77B 1.01T -16.7%
Total shares 998.2M 1.02B -2.0%
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

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Risks
  • Special Note Regarding Forward-Looking Statements and Analyst Reports
  • Our products face intense competition.
  • Failure to maintain our reputation and brand image could negatively impact our business.
  • 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.
  • General 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.
  • Global economic conditions could have a material adverse effect on our business, operating results and financial condition.
  • Our business is affected by seasonality, which could result in fluctuations in our operating results.
  • 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.
  • 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.
  • 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 with us online do not function effectively, our operating results, as well as our ability to grow our digital commerce business globally, could be materially adversely affected.
  • 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.
  • 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.
  • Our international operations involve inherent risks which could result in harm to our business.
  • 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.
  • Changes to U.S. trade policy, 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.
  • 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 products are subject to risks associated with overseas sourcing, manufacturing and financing.
  • Our success depends on our global distribution facilities.
  • 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.
  • 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.
  • 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.
  • The success of our business depends, in part, on high-quality employees, including key personnel.
  • 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
  • On a currency-neutral basis, NIKE, Inc. Revenues grew 7% for the third quarter of fiscal 2020, driven by growth in both the NIKE Brand and Converse. Higher revenues in Europe, Middle East & Africa (EMEA) contributed approximately 3 percentage points of growth to NIKE, Inc. Revenues; Asia Pacific & Latin America (APLA) and North America each contributed approximately 2 percentage points and Converse contributed approximately 1 percentage point of growth. As a result of the impacts from COVID-19, Revenues for Greater China declined in the third quarter of fiscal 2020, reducing NIKE, Inc. Revenues by approximately 1 percentage point.
  • On a currency-neutral basis, NIKE Brand footwear revenues increased 5%, driven by growth in most key categories, primarily Sportswear and the Jordan Brand. Unit sales of footwear increased 1% and higher average selling price (ASP) per pair contributed approximately 4 percentage points of footwear revenue growth, primarily due to higher full-price ASP, on a wholesale equivalent basis, as well as higher NIKE Direct ASP and the favorable impact of growth in our NIKE Direct business.
  • Currency-neutral NIKE Brand apparel revenues grew 9%, fueled by growth in nearly all key categories, most notably Sportswear and, to a lesser extent, Training. Unit sales of apparel increased 8% and higher ASP per unit contributed approximately 1 percentage point of apparel revenue growth.
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