NI

Nike

NKE
NYSEConsumer Discretionary
$44.27
USD
-0.13(-0.28%)
At close: Apr 30, 18:05 UTC
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Open

$44.27

Prev. Close

$44.27

High

$44.27

Low

$44.26

Market Snapshot

Market Cap

$65.71B

P/E Ratio

29.2

EPS

3.25

Revenue

$48.98B

Why NKE moved

Nike has enacted job cuts to streamline operations, as its stock price plummets 29.9% this year, prompting investor apprehension amid market shifts.

About

NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. The company is headquartered in Beaverton, Oregon and currently employs 77,800 full-time employees. The firm's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). The company sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. The company also designs products specifically for the Jordan Brand and Converse. The Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball performance and culture using the Jumpman trademark. The firm also designs, distributes and licenses casual sneakers, apparel and accessories under the Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks.

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