NIKE

INC.

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The Story

NIKE Inc. was originally known as Blue Ribbon Sports when it was created in

January of 1964 by University of Oregon track athlete Philip Knight and his coach

Bill Bowerman.

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Mark Parker is Nike's current CEO, as well as the president.

Not only does Nike own Brand Jordan, its subsidiaries are NIKE IHM Inc., Converse Inc., and Hurley International LLC.


Nike is a part of the Textile - Apparel Footwear & Accessories industry.

The company's main chief competitors are Adidas, Puma, and New Balance.

Production

Nike produces a variety of athletic footwear & clothing, as well as sporting goods.
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Nike directly employs more than 30,000 people from across the globe. In addition, Nike contracts with manufacturers that employ more than 800,000 people.

The company's net worth is $65.87 Billion.

Financial Info

Nike's net income has steadily increased over the past 5 years. The only "dip" in the sales was in 2012 when Nike's net income only increased by 4.22%. This is markedly low compared to other years.
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Nike's popularity has steadily increased, as seen in it's net-income increases. Many people are now buying Nike as compared to Under Armour and Adidas. This might be because of good marketing by Nike, as well as the fact that Nike is an American company (while Adidas is a German company).

NIKE STOCK

NKE is Nike's stock symbol.

It trades on the NYSE (New York Stock Exchange).

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Nike's last stock split was on December 24, 2012. It was a 2-for-1 stock split. Merry Christmas. There are now currently 686,830,000 (686.83 million) NKE shares in circulation.
Its 52 week high is $99.76. Its 52 week low is $70.60.

Today (March 19, 2015), NKE stock is trading at around $97.50.


Nike does pay dividends for its stock. It pays quarterly dividends, which happens around the dates of January 5th , April 5th , July 5th, and October 5th. The last dividend was $0.28 per share, which was recorded on March 2nd, 2015, and will be paid on April 6th, 2015.

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According to marketwatch.com, they believe that NKE stock is more bearish than it is bullish. This means that the price of stock is declining. They rate it this way because in the recent past, the stock has been generally declining and has had many price fluctuations.

IN THE NEWS

LeBron James is the NBA's top shoe seller. His shoes earned Nike $340 million, while LeBron James himself earned $44 million. WIthout LeBron James and his shoe sales and endorsement, Nike stock would not be doing as well as it has been.
Adidas has recently announced that it will not bid for a new contract with the NBA when its current contract ends in 2017. This could lead to the possible signing of Nike with the NBA, which would increase Nike's revenue (and in turn its stock) exponentially.

Summary

Knowing what I know now, I probably would not have purchased the stock. I would have purchased something that had a better outlook. I haven't lost too much money, but of course I bought it as soon as I started the project, and I have fluctuated and lost about $50.00 (at the time of this typing). I have learned to not act impulsively and to hold onto the stock and to sell when the stock finally gets positive.