NIKE, headquartered in Beaverton, Oregon, designs and sells athletic footwear, apparel, and accessories, operating across multiple global segments. It also includes the Jordan Brand and Converse for basketball and casual wear.
NKE has been in the news recently: Dick's Sporting Goods has increased its sales and earnings projections, anticipating comparable sales growth of 2% to 3.5% and earnings per share between $13.90 and $14.50. Meanwhile, Nike is planning layoffs that will affect less than 1% of its corporate staff to better align the business for future growth, following a prior 2% reduction.
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