Essay about Nike Stock Analysis - 844 Words

â€Å"On January 25, 1964 Nike, formerly known as Blue Ribbon Sports was founded by Bill Bowerman and Phillip Knight. It officially became Nike Incorporated on May 30, 1978†(Nike Business). During the late 70s to early 80s Nike’s initial focus was Track and Field but later expanded into various sports such as : soccer, golf, hockey and basketball just to name a few.† In 1980, Nike entered the decade on the success of its Nike Air technology, and at the end of that year Nike completed its initial public offering (IPO) and became a publicly traded company on the New York Stock Exchange. The reason for going public was typically viewed as a means of raising addition capital without having to borrow, and also increase the company’s profile by†¦show more content†¦Apparel will be a big part of Nike’s overall focus as they believe they can be on par with their footwear department. Footwear will also receive some attention as Nike wants to impro ve their range in that department†(Nike Business). â€Å"Nike Inc. has 12 members on the Board of Director; this includes Phillip Knight who is the co founder and chairman of the board, and Mark Parker who is the CEO. The CEO is evaluated typical by the Compensation Committee. This committee considers (1) achievement against approved financial performance measures and company targets such as revenue, net income and earnings per share. They also consider other factors such as leadership, market position, and brand strength, which are signals of company success. The CEO’s performance is then reflected in the amount of compensation he receives†(Nike Business). Nike Inc. has no major ongoing litigation During the 2011 fiscal year, Nike seemed to have a down year compared to 2010 as seen in Figure 1.1: Period Ending May 31, 2011 May 31, 2010 Net Income 2,133,000 1,907,000 Depreciation 358,000 396,000 Adjustments To Net Income 29,000 167,000 Changes In Accounts Receivables (273,000) 182,000 Changes In Liabilities 151,000 297,000 Changes In Inventories (551,000) 285,000 Changes In Other Operating Activities (35,000) (70,000) Total Cash Flow From Operating Activities 1,812,000 3,164,000 Capital Expenditures (432,000) (335,000) Investments (560,000) (932,000)Show MoreRelatedCase Study on Nike1252 Words   |  6 PagesCase Study Nike Introduction Good morning ladies and gentlemen and thank for taking the time to meet with us. Nike was founded on January 25, 1964 as Blue Ribbon Sports by Bill Bowerman and Philip Knight. The company officially became Nike, Inc. on May 30, 1978. Nike has various products which include footwear as well as other apparel that compliment the former. This accounts for 92 percent of the company’s revenue. The other 8 percent comes from equipment and non Nike brand products, such as ColeRead MoreA Portfolio Managers Analysis of Nike Inc. Essay1029 Words   |  5 Pagesdifficult decision to make while looking at Nike Inc. financials: whether Kimi should buy Nike shares or not for the fund Group she was working for. Kimi needed to consider all aspects of Nike Inc. financial position. On July 28,2011 Nike Inc. held a analyst’s meeting to disclose their fiscal year 2001 as well as to revitalize the company who wasn’t performing well. Thus, the meeting showed that Nike Inc. experience d some difficulties during the past years. 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In 1966 the handshake between Bowerman and Knight was made official with a formal written partnershipRead MoreWhy Adidas And Nike Is The Best Choice For Me1643 Words   |  7 Pagesabout their histories. 1) Why Adidas and Nike? Two reasons lead me to make this choice. First of all, I am really fond of sport. I have been played soccer since ten years and always wear Adidas and Nike so it is two companies I know very well. Then, when I was thinking about which companies I was going to choose, I wanted two multinationals and one American company and one European company. So Adidas and Nike was the best choice for me. Today, Adidas and Nike are the two leaders of the sports marketRead MoreNike : The World s Most Successful Sportswear Industry1247 Words   |  5 PagesMiu Kataoka, Spencer Kim Cody Miyasato Principle of Finance – BUS 305 NIKE, Inc. Overview: Nike, founded in January 25 1964 by Bill Bowerman and Phil Knight, is the world’s largest sportswear designer holding a dominant position in the worldwide athletic footwear industry with a market share of 33%. It markets and distributes athletic footwear, apparel, equipment and accessories, constantly emphasizing on technological innovation, developing and manufacturing products that help reduce injury, maximizeRead MoreNike, Inc. Case Analysis844 Words   |  4 PagesNIKE, Inc., is a company that was founded in by William Jay Bowerman and Philip H. Knight in 1964, and was originally called Blue Ribbon Sports, Inc. It’s name was changed to Nike, Inc. in 1971. It’s base of operation is located in Beaverton, Oregon. NIKE, Inc., is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities worldwide. Entirely owned Nike subsidiaries include Conv erse