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Nike, FedEx, and 24 other companies with $77 billion of combined income have avoided paying taxes for years, a new report found

55 of America's biggest companies paid $0 in fe.....»»

Category: personnelSource: nytApr 2nd, 2021

Five Things for Friday, including Nike layoffs and a PDX firm heads to Texas

Good morning. Here are Friday's Five Things. Oregon sportswear giant disclosed its quarterly earnings Thursday, reporting $10.4 billion in earnings but a 10% decline in North American sales. Then there was a number it did not disclose: An unsp.....»»

Category: topSource: bizjournalsMar 19th, 2021

Nike shows mixed results as layoffs news follows after earnings release

Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago......»»

Category: topSource: foxnewsMar 18th, 2021

Nike still does it despite pandemic and supply chain challenges

Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago......»»

Category: topSource: foxnewsMar 18th, 2021

Report: Knight family"s $1.37 billion in 2020 philanthropy ranks No. 4

Nike co-founder Phil Knight and wife Penny Knight ranked No. 4 nationally in philanthropy in 2020 with $1.37 billion in charitable gifts, according to a new report from the Chronicle of Philanthropy. The total was slightly higher than a January r.....»»

Category: topSource: bizjournalsFeb 12th, 2021

Looking Into Nike"s Return On Capital Employed

Nike (NYSE:NKE) showed a loss in earnings since Q1, totaling $1.58 billion. Sales, on the other hand, increased by 6.13% to $11.24 billion during Q2. In Q1, Nike earned $1.77 billion and total sales reached $10.59 billion. read more.....»»

Category: blogSource: benzingaFeb 8th, 2021

Nike stock hits another record after quarterly earnings beat expectations

Nike shares climbed to all-time high after the sportswear maker reported $11.2 billion in quarterly sales Friday......»»

Category: topSource: bizjournalsDec 18th, 2020

Nike beats on earnings, revenue despite market downturn

The athletic apparel maker posted revenue of $10.1 billion in the period, which also beat Street forecasts......»»

Category: topSource: foxnewsMar 24th, 2020

Cowen expects Nike"s sales fall $3.5 billion for May quarter

Nike Inc's revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and the suspension of this year's NBA season due to the coronavirus pandemic......»»

Category: topSource: reutersMar 16th, 2020

Investor, author, filmmaker: the entrepreneurial second act of Kobe Bryant

The NBA legend owned a venture capital firm with $2 billion in assets, a film production company and athletic training centers, and held endorsement deals with Nike and other brands......»»

Category: topSource: washpostJan 27th, 2020

Nike stock generated massive wealth under Mark Parker. How much went to employees?

Nike's outstanding stock was worth $16.3 billion on Jan. 26, 2006, the day Mark Parker became CEO of the sportswear company. On Friday, his last day as CEO, the company's stock is worth $158 billion. Of the nearly $142 billion in stock wealth gene.....»»

Category: topSource: bizjournalsJan 10th, 2020

The list of most valuable sneakers with the highest resale value in 2019 is dominated by Nike

The RealReal The sneaker resale industry is booming and could be worth $6 billion globally by 2025, according to Cowen & Co. est.....»»

Category: topSource: businessinsiderDec 23rd, 2019

Analyst Says Buy The Dip Nike"s Post-Earnings Drop

Shares of Nike Inc (NYSE: NKE) traded lower despite reporting a top- and bottom-line earnings along with a net income of $1.12 billion in its fiscal second-quarter earnings report. Latest Ratings for.....»»

Category: blogSource: benzingaDec 20th, 2019

Nike again beats quarterly sales and profit expectations

Nike Inc. on Thursday reported quarterly sales and earnings ahead of Wall Street expectations. The sportswear giant said sales climbed 10 percent in the quarter ended Nov. 30 to $10.3 billion, ahead of the $10.09 billion expected by analysts. The compa.....»»

Category: topSource: bizjournalsDec 19th, 2019

Nike Reports Q2 Earnings Beat, Greater China Sales Up 23%

Nike Inc (NYSE: NKE) shares were under pressure Thursday afternoon after reporting a second-quarter earnings beat. Earnings came in at 70 cents per share, beating estimates by 13 cents. Sales came in at $10.33 billion, beating estimates.....»»

Category: earningsSource: benzingaDec 19th, 2019

Nike fiscal Q2 rev. $10.3 billion vs expectations $10.1 billion

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchDec 19th, 2019

Google to purchase Fitbit for $2.1 billion as it beefs up its health capabilities

Alphabet Inc.’s Google plans to acquire Fitbit Inc. in a $2.1 billion deal, capping off a tumultuous journey as a public company for the maker of wearable health devices......»»

Category: topSource: marketwatchNov 3rd, 2019

In wake of strong earnings report, Nike stock hits record high

Nike's shares climbed 4 percent Wednesday, hitting an all-time high, one day after the company released a strong quarterly earnings report that exceeded Wall Street expectations. The Washington County-based company's stock is now worth $142 billion. N.....»»

Category: topSource: bizjournalsSep 25th, 2019

Why Nike Earnings Are Pushing Shares to All-Time Highs

Nike released fiscal first quarter financial results after markets closed Tuesday. The apparel giant said that it had $0.86 in earnings per share (EPS) and $10.7 billion in revenue, compared with........»»

Category: blogSource: 247wallstSep 24th, 2019

Purdue Pharma begins Chapter 11 bankruptcy journey

Purdue Pharma gets its day in court Tuesday after the OxyContin maker filed for bankruptcy and negotiated a potential multi-billion dollar settlement to resolve thousands of lawsuits. An initial... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 17th, 2019