Nike, Inc. Common Stock (NKE)
Frequently Asked Questions About Nike, Inc. Common Stock (NKE)
How can consumers purchase Nike products?
Consumers can purchase Nike products through multiple channels, including Nike's official website, mobile app, and branded retail stores. Additionally, Nike products are available at various authorized retailers and department stores worldwide. The company's DTC model enhances the shopping experience by offering exclusive products and promotions directly to consumers.
How does Nike, Inc. approach product innovation?
Nike, Inc. places a strong emphasis on product innovation, investing in research and development to create cutting-edge technologies that enhance athletic performance. The company regularly conducts consumer feedback surveys, collaborates with athletes, and utilizes advanced materials and manufacturing techniques. This commitment to innovation allows Nike to stay ahead of competitors and meet the evolving needs of athletes and fitness enthusiasts.
How does Nike, Inc. contribute to sustainability?
Nike, Inc. has made significant commitments to sustainability, aiming to reduce its environmental impact through various initiatives. The company's 'Move to Zero' campaign focuses on achieving zero carbon and zero waste across its supply chain. Nike invests in innovative materials, sustainable manufacturing processes, and circular economy practices to minimize its carbon footprint and promote responsible consumption.
How does Nike, Inc. engage with communities?
Nike, Inc. actively engages with communities through various initiatives, including youth sports programs, grants to non-profit organizations, and partnerships with local community initiatives. The company champions diversity, equity, and inclusion while promoting physical activity and teamwork among young people. Nike's Community Impact program focuses on breaking down barriers to sports participation and creating opportunities for all.
How does Nike, Inc. market its products?
Nike, Inc. utilizes a multi-channel marketing strategy that encompasses digital advertising, social media, influencer partnerships, and traditional media. The company collaborates with high-profile athletes and teams to create engaging campaigns that inspire consumers. Nike's marketing emphasizes storytelling, focusing on the experiences and achievements of athletes, which helps build a strong emotional connection with customers.
What are Nike, Inc.'s main competitors?
Nike, Inc.'s primary competitors include Adidas, Puma, Under Armour, and New Balance. The athletic footwear and apparel industry is highly competitive, with companies continuously innovating to capture consumer attention. Nike differentiates itself through strong branding, technological advancements in product design, and extensive marketing campaigns that resonate with athletes and fitness enthusiasts.
What are some of Nike, Inc.'s key products?
Nike, Inc. offers a wide range of products that include athletic footwear, apparel, equipment, and accessories. Some of their most popular footwear lines include the Air Jordan, Air Max, and Nike Free. The company also produces performance apparel designed for various sports like running, basketball, soccer, and training. Additionally, Nike engages in technological innovations such as smart running shoes and fitness apps.
What does Nike, Inc. do?
Nike, Inc. is a global leader in the athletic footwear, apparel, and sports equipment industry. The company designs, develops, and sells a wide range of sports-related products, catering to various sports and fitness activities. Nike's mission is to inspire athletes worldwide through innovative products, exceptional branding, and impactful marketing. The company operates under several brands, including Jordan, Converse, and Hurley.
What does the Nike logo represent?
The Nike logo, known as the 'Swoosh,' symbolizes motion and speed. Designed in 1971 by graphic designer Carolyn Davidson, the Swoosh represents the wing of the Greek goddess of victory, Nike. Over the years, the logo has become synonymous with high performance and athletic excellence, making it one of the most recognizable brand symbols worldwide.
What is Nike, Inc.'s direct-to-consumer strategy?
Nike, Inc.'s direct-to-consumer (DTC) strategy is designed to strengthen its relationships with customers by selling products directly through its website, mobile apps, and retail stores. This approach allows Nike to control the consumer experience, enhance brand loyalty, and optimize pricing. By reducing dependency on third-party retailers, Nike can respond more quickly to market trends and consumer needs.
What is Nike, Inc.'s financial performance?
Nike, Inc. has consistently demonstrated strong financial performance, reporting substantial revenues and profits over the years. The company has achieved consistent growth, driven by its digital transformation, product innovation, and global brand presence. As of the last fiscal year, Nike reported revenues exceeding $44 billion, showcasing its ability to adapt to changing consumer preferences and market dynamics.
What is Nike, Inc.'s mission statement?
Nike, Inc.'s mission statement is 'To bring inspiration and innovation to every athlete in the world.' The company emphasizes the importance of athletics and aims to support individuals in reaching their potential through quality products and motivational experiences. Nike believes that everyone is an athlete, which reflects its commitment to inclusivity and empowerment through sports.
What is Nike, Inc.'s stance on social issues?
Nike, Inc. has taken a proactive stance on various social issues, including racial equality, gender equality, and climate change. The company uses its platform to raise awareness and advocate for positive change, reflected in its advertising campaigns and corporate values. Nike believes in the power of sport to inspire social progress and has committed resources and funding to support these causes.
What is the significance of Nike's Air technology?
Nike's Air technology, first introduced in 1979 with the Air Tailwind shoe, revolutionized athletic footwear by incorporating lightweight, air-cushioned soles that provide enhanced comfort and shock absorption. This innovation has continued to evolve, with subsequent models featuring advancements in design and functionality. Nike Air technology is now a defining characteristic of many popular shoe lines, contributing to Nike's reputation for performance-driven products.
What role do endorsements play for Nike, Inc.?
Endorsements play a crucial role in Nike, Inc.'s marketing strategy, allowing the company to leverage the popularity and influence of high-profile athletes and celebrities. Partnerships with athletes like Michael Jordan, Serena Williams, and LeBron James contribute to brand image and visibility. These endorsements not only promote individual products but also reinforce Nike's overall brand message of excellence, performance, and inspiration.
When was Nike, Inc. founded?
Nike, Inc. was founded on January 25, 1964, by Bill Bowerman and Phil Knight. Initially established as Blue Ribbon Sports, the company initially operated as a distributor for the Japanese shoemaker Onitsuka Tiger. In 1971, the company rebranded to Nike, after the Greek goddess of victory, and has since grown into one of the most recognizable brands globally.
Where is Nike, Inc. headquartered?
Nike, Inc. is headquartered in Beaverton, Oregon, USA. The company's campus has a unique design that reflects its culture, featuring various sports facilities, artistic installations, and innovative workspaces. Being based in Oregon allows Nike to stay close to its roots and the outdoor sports culture that inspires many of its product offerings.
Who is the CEO of Nike, Inc.?
As of October 2023, the CEO of Nike, Inc. is John Donahoe, who took over the role in January 2020. Donahoe, who previously served as the CEO of ServiceNow and eBay, has focused on driving digital transformation and enhancing Nike's global brand presence since he joined the company. Under his leadership, Nike has continued to innovate in product development and expand its direct-to-consumer strategies.
What is the current price of Nike, Inc. Common Stock?
The current price of Nike, Inc. Common Stock is 64.96
When was Nike, Inc. Common Stock last traded?
The last trade of Nike, Inc. Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Nike, Inc. Common Stock?
The market capitalization of Nike, Inc. Common Stock is 55.56B
How many shares of Nike, Inc. Common Stock are outstanding?
Nike, Inc. Common Stock has 855.35M shares outstanding.