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Nike, Inc. Tearsheet
SIC: 3021 Nike, Inc. Ownership: Public
One Bowerman Drive
Beaverton, OR
97005 		Telephone:
(503) 671-6453
SIC Codes:
3021 -- Rubber and Plastics Footwear
2321 -- Mens,Boys Shirts,Ex Wk Shirt
 Industry:
Footwear
Business Summary:Nike designs, developments and markets high quality footwear, apparel, equipment, and accessory products. For the three months ended 8/31/98, revenues decreased 9% to $2.50B. Net income decreased 35% to $163.8M. Revenues suffered from a decrease in footwear sold, and NIKE brand equipment. Earnings also suffered from a decrease in gross profit, and increased sports marketing expenses due to expenditures surrounding the World Cup event in France.
Recent News Releases:(the four most recent news releases presented)
  • Economic Turmoil, Slow Sales Cut Reebok's Earnings
    23-Oct-98 08:34 AM, Reuters, Number of Lines: 38
  • Nike Raising Asian Factory Wages
    16-Oct-98 05:50 PM, United Press International, Number of Lines: 32
  • Nike Raising Asian Factory Wages
    16-Oct-98 05:50 PM, United Press International, Number of Lines: 32
  • Nike Raising Asian Factory Wages
    16-Oct-98 05:33 PM, United Press International, Number of Lines: 33
    • Business and Trade Press Articles: (the four most recent articles presented)
  • Nike increases wages of Indonesian factory workers making footwear by 25%, but holds wages steady fo
    19-Oct-98, Women's Wear Daily, Page 20 (460 Words)
  • Nike Inc will increase the pay for entry-level factory workers 22% in Indonesia to about $28/month f
    16-Oct-98, Wall Street Journal , Page B14
  • Nike has restructured many facets of its business into separate units (Nike Golf, Jordan Brand, Nike
    12-Oct-98, Advertising Age, Page 24 (563 Words)
  • There were many shifts among players competing in rivalry between Adidas and Nike
    05-Oct-98, AdWeek East|AdWeek, Page 2 (379 Words)
    • Financial Snapshot: (as of 05/98) Officers
    Amount 3 Yr Growth
    Sales ($mm) $9,553.1 26.1%
    Assets ($mm) $5,397.4 19.8%
    Net Inc.($mm) $399.6 -0.0%
    Mkt. Cap.($mm) $11,399.1
    # of Empl 22,800
    P.H. Knight Chmn./CEO
    R.E. Harold Interim CFO
    Stock Price Information: (as of 16-Oct-98) Price Percent Changes: (as of 16-Oct-98)
       
    Recent Stock Price $39.81
    12 Month High Price $52.69
    12 Month Low Price $31.00
    Price/Earnings Ratio 37.03
    Price % Change Rel S&P 500 % Change
    4 Week 18.0% 14.7%
    13 Week -19.9% -9.4%
    52 Week -22.3% -29.2%
    Year to Date 1.9% -5.6%
    Top 6 Companies in SIC: 3021 - Rubber and plastics footwear
    Company Name Sales ($mm) # Employees Sales/Empl Income ($mm) Oper Margin
    Nike, Inc. 9,553.1 22,800 $418,996 400 6.84%
    Reebok International Ltd. 3,643.6 6,700 $543,821 135 4.21%
    Fila Holding S.p.A. 1,473.8 3,448 $427,429 34 4.06%
    Converse, Inc. 450.2 2,956 $152,300 -4 3.27%
    Vans, Inc. 174.5 426 $409,617 -3 -2.84%
    LaCrosse Footwear, Inc. 145.5 1,520 $95,726 7 9.04%