Nike
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Transcript of Nike
CONTENTES
INTRODUCTION
Type: Public (NYSE: NKE) in NASDAQ market
Founded : January 25, 1962 as Blue Ribbon Sports 1978 as Nike, Inc.
Founders :WilliamJ. "Bill" Bowerman Philip H. Knight
NIKE Headquarters: Washington County, Oregon, United States
Area served: Global
Key people :Philip H. Knight (Chairman) Mark Parker (CEO &President)
Employees: 32800 (2009), 35000(2010) ,
Industry :Sportswear, Sports Equipment, Athletic shoes ,Apparel ,Sports equipment Accessories
Website: www.nike.com
Nike History
1962: Phillip Knight, Stanford University, Blue Ribbon Sports
1964: William Bowerman becomes a partner by matching Knight's investment of $500.
1965: Hires a full time employee, and annual sales reach $2,000.
1969: It now has several stores and 20 employees; sales are close to $300,000.
1971: Nike, capitalizing on the Greek goddess of victory. The first Nike product sold with the new symbol is a soccer shoe.
1976: The popularity of jogging increases revenue to $14 million.
Nike History
1978: The company changes its name to Nike
1980: Nike goes public, offering 2 million shares of stock.
1997: Feb., Stocks reaches a high of $76 per share.
1998: Sept., Stocks tumbles to $31 per share
2003: Nike purchases Converse Inc. for $ 305 million.
2008 :Nike acquired sports appar el supplier Umbro,
2010: Nike Future Sole Design Competition
Evolution of the Logo
FINANCIAL ANALYSIS.
Since the adoption of long-term strategy in
2001, on an annual compounded basis, NIKE,
Inc.’s revenues and earnings per share have
grown 9% and 14%, respectively. During the
same period, return on invested capital
increased from 14% to 18%. In fiscal 2009,
deteriorating macroeconomic conditions
caused significant volatility in global financial
markets and put significant pressure on
discretionary consumer spending worldwide.
FINANCIAL STATEMENTS
.
0.00
2,000.00
4,000.00
6,000.00
8,000.00
10,000.00
12,000.00
14,000.00
16,000.00
NETINCOME TOTAL
ASSETS TOTALLIABILITIES
TOTALEQUITY
2008
2009
2010
FINANCIAL STATEMENTS
-1,500.00
-1,000.00
-500.00
0.00
500.00
1,000.00
1,500.00
2,000.00
2,500.00
3,000.00
3,500.00
cash fromoperating
cash frominvesting
cash fromfinancing
2008 1,936.30 -489.8 -1,226.10
2009 1,736.10 -798.1 -733.9
2010 3,164.20 -1,267.50 -1,061.20
Ax
is T
itle
STATEMENT OF CASH FLOW
FINANCIAL ANALYSIS
FINANCIAL ANALYSIS
Restructuring Charges.
During the fourth quarter of fiscal 2009, executed a plan to restructure the organization to streamline they management structure, enhance consumer focus, drive innovation more quickly to market and establish a more scalable cost structure. As a result of these actions, reduced global workforce by approximately 5% and incurred pre-tax restructuring charges of $195 million, primarily consisting of cash charges related to severance costs.
Goodwill, Intangible and
Other Asset Impairment
.
In the third quarter of fiscal 2009, they
recognized a $401.3 million pre-tax non-cash
impairment charge to reduce the carrying
value of Umbro’s goodwill, intangible and
other assets. Although Umbro’s financial
performance for fiscal 2009 was slightly
better than had originally expected, projected
future cash flows had fallen below the levels
expected at the time of acquisition.
FINANCIAL ANALYSIS
FINANCIAL ANALYSIS
INDUSTRY ANALYSIS
Sportswear, and sports accessories &
footwear industries
Since the 2003 athletic footwear industry
has begun to enter the high-cost, high-
growth "double high" development
mode.
In 2010, the United States athletic
apparel market become the world’s
largest Sportswear market.
COMPANY STRUCTURE
• Philip H. Knight
• (Chairman of the Board of Directors(
• Mark G. Parker
• (President and Chief Executive Officer(
• Charles D. Denson
• (President of the NIKE Brand (
• Jeanne P. Jackson
• (President, Direct to Consumer (
• David J. Ayre
• (Vice President, Global Human (
PRODUCTSBaseball equipments Running shoe
AIR MAX T-shirts ,hoodies
PRODUCTS
Outfits Golf equipments
Tennis shoes and balls Footballs
Suray CHARIYEVA
Instituto Polytecnico de Bragança