Nike Inc. (NYSE: NKE)
Footwear & Accessories · Beaverton, OR, United States · Founded 1964
- Market capitalization: $140.0 billion
- Annual revenue: $46.31 billion
- Net income: $3.22 billion
- Employees: 79,400
- Sector: Consumer Cyclical
- Headquarters: Beaverton, United States
- Founded: 1964
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Nike is the world's largest athletic footwear and apparel company, with annual revenue exceeding $51 billion. The Swoosh is one of the most recognized logos on Earth. Nike dominates global sneaker culture through brands like Air Jordan, Air Max, and Dunk, and sponsors athletes including LeBron James, Cristiano Ronaldo, and Serena Williams. The company also owns Converse. Phil Knight and Bill Bowerman founded Nike in 1964 as Blue Ribbon Sports.
Nike sells footwear (66% of revenue), apparel (30%), and equipment through wholesale partners and its own direct-to-consumer channels (Nike.com, Nike app, Nike stores). The DTC push has been a strategic priority, now accounting for over 40% of revenue. Nike doesn't manufacture anything u2014 it contracts with factories in Vietnam, China, and Indonesia.
Phil Knight and his University of Oregon track coach Bill Bowerman founded Blue Ribbon Sports in 1964, initially distributing Japanese running shoes. Bowerman famously made the first waffle-sole shoe using his wife's waffle iron. Renamed Nike in 1978. IPO in 1980. The Air Jordan line launched in 1985 and became a cultural phenomenon. Nike's "Just Do It" campaign debuted in 1988.
| Market Capitalization | $140.0B |
| Annual Revenue | $46.31B |
| Net Income | $3.22B |
| Profit Margin | 7% |
| Revenue per Employee | $583249K |
| Stock Exchange | NYSE |
| Ticker Symbol | NKE |
Financial data is approximate and based on most recent annual filings.
The Swoosh logo was designed by a Portland State University student, Carolyn Davidson, for $35 in 1971. Phil Knight later gave her Nike stock and a diamond ring. Michael Jordan was originally an Adidas fan and had to be convinced to sign with Nike u2014 the Air Jordan line has since generated over $5 billion annually. Nike spends more on athlete endorsements than any other company.
Nike's DTC pivot stumbled when it alienated wholesale partners, and the brand has lost heat to New Balance and On Running u2014 a turnaround is needed, and the new CEO has a narrow window to execute.
What is Nike Inc.'s revenue?
Nike Inc. generates approximately $46.31 billion in annual revenue.
How many employees does Nike Inc. have?
Nike Inc. employs approximately 79,400 people worldwide.
What is Nike Inc.'s market cap?
Nike Inc. (NKE) has a market capitalization of approximately $140.0 billion on the NYSE.
When was Nike Inc. founded?
Nike Inc. was founded in 1964 and is headquartered in Beaverton, OR, United States.
Who is the CEO of Nike Inc.?
Elliott Hill is the current CEO of Nike Inc..
What is Nike Inc.'s website?
Nike Inc.'s official website is nike.com.
| CEO | Elliott Hill |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Founded | 1964 |
| HQ | Beaverton, OR |
| Country | United States |
| Website | nike.com |
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