NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 27, 2022, to review fiscal fourth quarter and full year results. The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com.
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What time does Nike earnings come out?
(NYSE: NKE) plans to release its fourth quarter fiscal 2022 financial results on Monday, June 27, 2022, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours.
What time is WSM earnings report?
Earnings announcement* for WSM: Aug 24, 2022
Williams-Sonoma, Inc. is estimated to report earnings on 08/24/2022. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.
What time do companies usually release earnings?
In general, each earnings season begins one or two weeks after the last month of each quarter (December, March, June, and September). Thus, look for the majority of public companies to release their earnings in early to mid-January, April, July, and October.
How is Nike doing financially 2022?
Nike has revealed revenue of US$46.7 billion for the 2022 financial year, up five per cent year-over-year (YoY). The US sportswear giant’s net income for fiscal 2022 was US$6 billion, a rise of six per cent YoY. Broken down, revenue for the Nike brand was US$44.4 billion, up five per cent YoY.
Is Nike still profitable?
In fiscal 2022, Nike’s global gross profit amounted to about 21.5 billion U.S. dollars.
Nike’s gross profit worldwide from the fiscal years of 2014 to 2022 (in million U.S. dollars)
| Characteristic | Gross profit in million U.S. dollars |
|---|---|
| 2020 | 16,241 |
| 2019 | 17,474 |
| 2018 | 15,956 |
| 2017 | 15,312 |
Does Nike pay a dividend?
From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike’s dividend has increased by an average of 15.8% per year.
How late can earnings be released?
The Timing
The old standard required companies to file earnings reports no later than 45 days after the end of their first three quarters, and both quarterly and annual reports no more than 90 days after their fiscal year ends.
Why are earnings reported after hours?
A company might plan to announce their earnings after hours when there is typically a lower level of investor attention being paid.
What time in the morning are earnings released?
Economic Indicators
A majority of important economic releases are issued at 8:30 a.m. EST, one hour before the New York market opens.
Is Nike a good stock to buy 2022?
Key Points. Nike turned out mid-single-digit total revenue and earnings growth in fiscal 2022. The company should have the flexibility to keep growing its dividend. The stock is reasonably priced for its growth prospects.
Does Nike own goodwill?
NIKE goodwill and intangible assets for 2021 were $0.511B, a 2.82% increase from 2020. NIKE goodwill and intangible assets for 2020 were $0.497B, a 13.73% increase from 2019.
Compare NKE With Other Stocks.
| NIKE Annual Goodwill and Intangible Assets (Millions of US $) | |
|---|---|
| 2020 | $497 |
| 2019 | $437 |
| 2018 | $439 |
| 2017 | $422 |
Why is Nike stock going up?
Shares of Nike gained strong upside momentum after the company released its fiscal third quarter earnings report. The company reported revenue of $10.9 billion and GAAP earnings of $0.87 per share, beating analyst estimates on both earnings and revenue.
Is Nike a good stock to buy?
As of October 12, 2021, Nike Inc had a $237.9 billion market capitalization, compared to the Footwear median of $4889.7 billion, Nike Inc’s stock is up 9.6% in 2021, up 4.2% in the previous five trading days and up 18.5% in the past year. Currently, Nike Inc’s price-earnings ratio is 40.7.
Is Nike financially stable?
The Bottom Line. Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. But there is no risk-free stock—not even Nike.
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
How many times Nike stock split?
According to our Nike stock split history records, Nike has had 6 splits.
When was Nike’s last stock split?
NKE Splits
| Split date | Split Ratio |
|---|---|
| Oct 24, 1996 | 1/2 Stock Split |
| Apr 03, 2007 | 1/2 Stock Split |
| Dec 26, 2012 | 1/2 Stock Split |
| Dec 24, 2015 | 1/2 Stock Split |
How much is Nike’s dividend? NKE pays a dividend of $1.19 per share. NKE’s annual dividend yield is 1.05%.
What usually happens to a stock after earnings?
In the days around earnings announcements, stock prices usually rise.
Are Delayed earnings bad for a company?
If a company schedules its earnings much earlier than normal, then earnings are often better than expected and share price gains typically follow. Conversely, when a company delays its reporting, that can be a bad sign.