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Nike Inc
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Nike ist ein globales Sportbekleidungsunternehmen, das Sportschuhe, Kleidung und Ausrüstung entwirft und verkauft. Zu den bekanntesten Produkten gehören Sneakers, Laufbekleidung, Trainingsbekleidung und Teamsportausrüstung, die unter den Marken Nike und Jordan sowie unter Converse vertrieben werden. Das Unternehmen bedient Alltagskonsumenten, Leistungssportler, Schulen, Mannschaften und Einzelhändler, die markengebundene Sportprodukte anbieten möchten, die Verbraucher bereits kennen und denen sie vertrauen. Nike erzielt Einnahmen hauptsächlich durch den Verkauf von Produkten über eigene Geschäfte und Websites, über Großhandelspartner wie Sportfachhandelsketten und Kaufhäuser sowie durch Lizenzvereinbarungen. Den größten Anteil seiner Umsätze erwirtschaftet es mit Schuhwerk, wobei Bekleidung und Ausrüstung ebenfalls von Bedeutung sind. Da Nike Design, Markenimage und Produktgeschichten kontrolliert, kann das Unternehmen höhere Preise verlangen als viele No-Name-Konkurrenten und Mode, Sport und Prominenten-Unterstützung nutzen, um die Nachfrage zu steigern. Was Nikes Geschäftsmodell unterscheidet, ist, dass es an der Spitze der Wertschöpfungskette für Sportartikel steht: Es stellt nicht in erster Linie für andere Marken her, sondern schafft die Marken, nach denen Käufer namentlich fragen. Das verschafft Nike eine starke Kontrolle über Stil, Preisgestaltung und Distribution. Das Unternehmen ist sowohl eine Konsumentenmarke als auch ein Sportmarketingunternehmen, mit Produkten, die Leistungsnutzen und Alltagsmode verbinden.

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Letzter Earnings Call
Geschäftsperiode
Q3 2026
Datum des Calls
31. Mär 2026
KI-Zusammenfassung
Q3 2026

Quarter: Nike reported flat revenue on a reported basis and a 3% decline on a currency-neutral basis, with gross margin down 130 basis points to 40.2% and EPS of $0.35.

Marketplace cleanup: Management said removing unhealthy classic-footwear inventory created about a 5-point headwind in the quarter, but they see it as necessary to improve marketplace health and long-term growth.

North America: North America remained the strongest region, with revenue up 3%, wholesale up 11%, and management saying the region is leading the comeback.

Win Now: Nike expects to finish its Win Now actions by the end of the calendar year, with gross margin improvement expected to begin in Q2 of fiscal 2027.

Guidance: For the next 9 months, Nike expects revenue down low single digits and earnings roughly flat, with Q4 revenue down 2% to 4% and Greater China still a major drag.

Innovation and sport: Running was a standout, up over 20% globally, while new products like Nike Mind sold out and prompted Nike to double production over the next 2 seasons.

Risks: Tariffs, elevated promotions, and macro disruption in the Middle East were all cited as continuing pressures on margins and demand.

Wichtige Finanzkennzahlen
Revenue
flat reported, down 3% currency-neutral
Gross margin
40.2%
Earnings per share
$0.35
SG&A
up 2%
Inventory
down 1%
NIKE Direct revenue
down 7%
NIKE Digital revenue
down 9%
NIKE stores revenue
down 5%
Wholesale revenue
up 1%
North America revenue
up 3%
North America wholesale revenue
up 11%
EMEA revenue
down 7%
Greater China revenue
down 10%
APLA revenue
down 2%
Employee-related severance charge
$230 million
Tariff impact on gross margin
300 basis points
North America tariff impact on gross margin
nearly 650 basis points
Running growth
up over 20%
Air Max 95 sell-through
high full price realization
Nike Mind patents
over 150 patents filed globally
Nike Mind demand sign-ups
more than 2 million consumers
ACG retail doors
more than 600 retail doors
Football retail doors
more than 5,000 football doors
Nike store pilot in Greater China
100 doors
Tax rate
20%
Other expense net of interest income
$15 million to $25 million
FX benefit
2-point benefit
Aufzeichnung des Earnings Calls
Weitere Earnings Calls

Geschäftsleitung

Ms. Heidi O'Neill
President of Consumer, Product & Brand

Heidi O'Neill is a prominent executive at Nike, Inc., known for her extensive and impactful career within the company. She has been with Nike for several decades and has held a variety of leadership roles that have greatly influenced the brand's growth and transformation. O'Neill joined Nike in 1998 and has since played a significant role in shaping the company's consumer-focused strategies. O'Neill has held several key positions including leading Nike's North America operations, where she drove significant regional growth and strengthened the brand's presence. She has also served as the President of Nike Direct, where she was instrumental in developing the company’s direct-to-consumer approach, enhancing digital commerce, and integrating physical retail with digital platforms. Known for her innovative approach to retail and her emphasis on customer experience, O'Neill has been a champion of leveraging data and analytics to meet consumer needs. She has been a driving force behind several successful campaigns and initiatives that have helped Nike maintain its position as a leader in the sports apparel industry. O'Neill’s career at Nike highlights her expertise in retail transformation, consumer engagement, and strategic brand management, making her a key figure in the company's ongoing evolution.

Mr. Craig Anthony Williams
President of Geographies & Marketplace

Craig Williams is the current President of Jordan Brand at Nike, Inc., a position he has held since January 2019. With a strong background in both the corporate and military sectors, Williams brings a diverse range of experiences to the role. Before joining Nike, Williams served as the Senior Vice President, Consumer Products Group at Coca-Cola, where he managed the company’s domestic business. His career at Coca-Cola spanned over a decade in various leadership roles that shaped his strategic and operational expertise. Before his time in the corporate world, Williams served as an officer in the United States Marine Corps, showcasing his leadership skills and dedication to service. His educational background includes an MBA from the University of Pennsylvania's Wharton School and a Bachelor’s degree in Physics from the United States Naval Academy. At Nike's Jordan Brand, he is responsible for driving the global growth strategy, working to expand the brand's reach while honoring its legacy in sports and culture. Williams focuses on connecting with consumers worldwide, leveraging the brand’s deep heritage and innovative future.

Mr. Elliott J. Hill
CEO, President & Director

Elliott J. Hill served as a top executive at Nike Inc., where he contributed to several leadership roles throughout his career. Before announcing his retirement in 2020, Hill was the President of Consumer and Marketplace. In this capacity, he was responsible for overseeing Nike's global sales and operations. His leadership focused on enhancing the consumer experience and driving the brand's growth across various markets. Hill played an integral role in developing Nike's direct-to-consumer strategy, which includes its digital commerce and retail strategy. Throughout his tenure at Nike, he was instrumental in driving innovation and fostering connections with consumers. His efforts significantly influenced Nike's strategic direction and the strengthening of its brand presence worldwide. Having worked at Nike for over three decades, Elliott J. Hill's contributions were vital to the company's transformation and success in a constantly evolving retail landscape. His leadership exemplified a commitment to aligning the brand's mission with consumer expectations, helping the company maintain its position as a leading global sportswear brand.

Mr. Philip H. Knight
Co-Founder & Chairman Emeritus

Philip H. Knight is an American business magnate best known as the co-founder and former chairman and CEO of Nike, Inc., one of the world’s largest suppliers of athletic shoes and apparel. Born on February 24, 1938, in Portland, Oregon, Knight played a pivotal role in transforming Nike into a global powerhouse in the sports industry. Knight attended the University of Oregon, where he ran track under Coach Bill Bowerman. It was during this time that he developed an interest in running shoes. After earning his bachelor's degree in journalism in 1959, he served in the Army and later pursued an MBA at Stanford Graduate School of Business. His time at Stanford proved influential; a class project on starting a business became the blueprint for his later venture. In 1964, Knight and his former coach Bowerman each invested $500 to create Blue Ribbon Sports, a company that initially served as a U.S. distributor for the Japanese shoemaker Onitsuka Tiger, now ASICS. The relationship with Onitsuka dissolved by 1971, leading Knight to launch his own brand, which he named Nike, inspired by the Greek goddess of victory. That same year, the company's iconic Swoosh logo was designed by Carolyn Davidson, a graphic design student, for just $35. Under Knight’s leadership, Nike grew rapidly. His emphasis on innovative design, marketing, and branding helped launch successful product lines and secure endorsements from top athletes, boosting the company's profile. Nike's marketing campaigns, notably the "Just Do It" slogan, became cultural phenomena, reinforcing the brand’s position in the market. Knight served as Nike’s CEO until 2004 and as chairman until 2016, when he retired from the position. Despite stepping down from daily operations, he remains a prominent figure in the company as Chairman Emeritus. Through his career, Knight became one of the richest individuals in the world, with an estimated net worth of over $40 billion. In addition to his business ventures, Knight is known for his philanthropy. He has donated hundreds of millions of dollars to educational institutions, including Stanford and the University of Oregon, supporting various academic and athletic programs. His contributions have significantly impacted the development of facilities and the enhancement of educational opportunities at these schools.

Ms. Johanna Nielsen
VP of Controlling & Principal Accounting Officer
Keine Biografie verfügbar
Dr. Muge Erdirik Dogan
Chief Technology Officer

Dr. Muge Erdirik Dogan is a notable executive in the corporate world, known for her remarkable contributions to Nike Inc. She has held significant leadership roles in the company, where her work has prominently influenced Nike's business strategies and market performance. Dr. Dogan earned her undergraduate degree from Stanford University and completed her Ph.D. at Stanford as well, which laid a strong foundation for her career in business management and strategy. Her educational background in engineering has played a crucial role in allowing her to bring a data-driven, analytical approach to her work. At Nike, she has been pivotal in guiding the company’s digital transformation efforts, focusing on integrating innovative technologies to enhance customer experiences and streamline operations. Her leadership emphasizes sustainability, innovation, and customer satisfaction, aligning with Nike's overall mission to bring inspiration and innovation to every athlete. Dr. Dogan’s strategic insights and forward-thinking vision have contributed to Nike maintaining its competitive edge in the sportswear industry. Her work continues to make a significant impact on Nike's growth initiatives and its adaptation to an ever-evolving market landscape.

Mr. Paul Trussell C.F.A.
VP of Investor Relations & Strategic Finance and Treasurer

Paul Trussell is a prominent figure in the financial and retail industry, currently serving as the Chief Financial Officer (CFO) at Nike, Inc. Known for his expertise in financial analysis and strategic planning, he plays a crucial role in overseeing Nike's financial operations and strategy. Before joining Nike, Trussell had a distinguished career in various finance and investment roles. He is recognized for his strong analytical skills and leadership in financial management, contributing significantly to Nike's financial health and strategic growth. His work involves managing corporate finance, investor relations, and ensuring the company’s fiscal strategies align with its broader business goals. Trussell's contributions are instrumental in driving Nike's continued success in the global market. He holds the Chartered Financial Analyst (CFA) designation, marking his commitment to maintaining the highest standards of integrity and competence in the finance field.

Mr. Rob Leinwand
EVP & Chief Legal Officer

Rob Leinwand serves as the Vice President, Deputy General Counsel, and Corporate Secretary at Nike, Inc. In his role, he is responsible for overseeing the company's legal affairs, providing strategic legal advice, and ensuring corporate governance compliance. Leinwand's extensive experience in legal and corporate matters has been instrumental in navigating the complex global landscape in which Nike operates. His leadership and expertise contribute significantly to the company's legal strategy and operations.

Mr. KeJuan Wilkins
Executive VP & Chief Communications Officer

KeJuan Wilkins is an experienced executive at Nike, Inc., known for his expertise in communications and public relations. As of the latest information, he serves as the Vice President of Enterprise Communications and Public Affairs at Nike. In this role, Wilkins is responsible for overseeing Nike's global corporate communications strategies, which include media relations, corporate storytelling, crisis management, and executive communications. Wilkins has been with Nike for over two decades, during which time he has held various positions in the communications and public affairs divisions, contributing significantly to the company's brand image and public perception. His leadership has been instrumental in navigating complex communications landscapes, and he has played a key role in managing Nike's messaging during major company events and initiatives. Wilkins is also known for his efforts in championing diversity and inclusion within the company and the broader business community. His work supports Nike's commitment to diversity, equity, and inclusion both internally and in the communities the company serves.

Ms. Nicole Hubbard Graham
Chief Marketing Officer

Ms. Nicole Hubbard Graham is an executive known for her significant contributions to Nike, Inc., where she has served as the Chief of Diversity, Equity, and Inclusion (DEI). In this role, she has been crucial in advancing Nike's DEI strategies and initiatives, focusing on creating a more inclusive and equitable environment within the company. Nicole's leadership is marked by her dedication to fostering a culture that values diversity, recognizing the importance of different perspectives and backgrounds in driving innovation and success. She has been instrumental in implementing policies and programs that aim to enhance diversity across all levels of the organization, ensuring that Nike remains a leader in promoting equity in the workplace. Her work involves collaborating with various departments to integrate DEI principles into Nike’s business practices, contributing to both internal organizational health and the brand's global impact. Under her guidance, Nike has launched initiatives designed to support underrepresented communities and promote social justice. Nicole Hubbard Graham's expertise and commitment to DEI have earned her recognition both within and outside the company, making her a pivotal figure in Nike's ongoing efforts to be a champion for diversity and inclusion in the corporate world.

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