BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.370 per share on the Company’s outstanding Class A and Class B Common Stock payable on April 1, 2024, to shareholders of record at the close of business March 4, 2024. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for ...

Nike (NKE) closed at $103.79 in the latest trading session, marking a +1.15% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.82%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.95%.The athletic apparel maker's shares have seen a decrease of 0.13% over the last month, not keeping up with the Consumer Discretionary sector's gain of 3.13% and the S&P 500's gain of 5.59%.The upcoming earnings release of Nike will be of great interest to investors. It is anticipate ...

The most recent trading session ended with Nike (NKE) standing at $101.76, reflecting a +0.23% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.25% for the day. On the other hand, the Dow registered a gain of 0.97%, and the technology-centric Nasdaq increased by 1.3%.The athletic apparel maker's stock has dropped by 2.41% in the past month, falling short of the Consumer Discretionary sector's gain of 0.91% and the S&P 500's gain of 1.58%.The i ...

Nike (NKE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this athletic apparel maker have returned -2.4% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Shoes and Retail Apparel industry, to which Nike belongs, has lost 5.8% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ru ...

Few investors felt like they were winning with Nike (NKE -2.54%) stock on Hump Day. One of its most entrenched and competitive rivals unveiled a set of preliminary annual results, and the numbers raised concerns about the immediate future of the athletic shoe and apparel market worldwide.Nike shares closed the day 2.5% lower as a result, a steeper fall than the 1.6% decline of the S&P 500 index.Adidas raises concerns about the international athletic-wear marketAt least Nike isn't Adidas (ADDYY -9.40%). The ...

In the latest trading session, Nike (NKE) closed at $104.18, marking a +0.29% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.06%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.76%.Heading into today, shares of the athletic apparel maker had lost 4.32% over the past month, lagging the Consumer Discretionary sector's gain of 2.59% and the S&P 500's gain of 3.36% in that time.Market participants will be closely following ...

NIKE Inc. (NKE) appears an encouraging pick now, thanks to its digital endeavors and other robust strategies including the continued progress on the Consumer Direct Acceleration strategy. The company is gaining from robust retail sales across Nike Direct. NKE also continued to benefit from its business strategy, compelling product innovation and digital leadership.Effective inventory management strategies have been a critical component of NIKE's success. The company’s adept inventory management has a direct ...

Accruing stock market gains is more of a marathon than a sprint, but Nike (NKE 1.97%) still left investors wanting more this past year. The footwear giant's stock ended 2023 in negative territory, making it one of the worst-performing members of the Dow Jones Industrial Average. Shares haven't had a great start to the new year, either, declining 6% following last year's 7% slump.With that tough backdrop in mind, let's look at Nike's chances of having a better year ahead from here. There are some encouraging ...

Nike (NKE 1.97%) undoubtedly possesses one of the strongest brands in the world. This has led to a successful enterprise in the sports apparel and footwear industry with a leading market share.But the shares have disappointed investors in recent times. They dropped 7% in 2023 thanks to the company's ongoing struggles. This performance lagged the broader S&P 500's impressive 24% gain. As Nike currently sits 43% below its all-time high, is it time to buy this stock hand over fist in 2024?Easy to be pessimisti ...

NurPhoto/NurPhoto via Getty Images Introduction Nike (NYSE:NKE) is one of those rare companies that upon hearing their name, almost everyone (no matter how much investing experience they have) can understand who they are, what they do and how exactly they make money. This is because of the formidable brand reputation they have built up over years of operating to become the largest seller of sports footwear/clothes in the world - and the business of selling clothes isn't inherently hard to understand. What i ...