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MarketScreener Homepage  >  Equities  >  Nyse  >  Nike, Inc.    NKE

NIKE, INC.

(NKE)
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Nike's North American head steps down after report reveals ties to resale business

03/01/2021 | 05:55pm EDT
The Nike swoosh logo is seen outside the store on 5th Ave in New York

(Reuters) - Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company.

The company said the departure of Hebert, vice president and general manager of Nike's North America business, is effective immediately and that it plans to announce a new head for the geography shortly.

Bloomberg Businessweek last week reported that Hebert's son Joe Hebert used a credit card in her name to purchase sneakers for his resale company, West Coast Streetwear. (https://bloom.bg/304NpkK)

The report said Joe Hebert used bots to purchase the most sought-after sneakers after they were released online, spending over $132,000 on the credit card to stock up on the limited edition sneakers for reselling them at a higher price.

Hebert told Bloomberg he had never received inside information from his mother while she was at Nike.

West Coast Streetwear could not be immediately reached for a comment.

Nike in a statement said Hebert had made the decision to resign.

(Reporting by Nivedita Balu in Bengaluru; Editing by Amy Caren Daniel)


© Reuters 2021
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Financials (USD)
Sales 2021 43 362 M - -
Net income 2021 5 054 M - -
Net Debt 2021 1 168 M - -
P/E ratio 2021 43,0x
Yield 2021 0,77%
Capitalization 214 B 214 B -
EV / Sales 2021 4,96x
EV / Sales 2022 4,39x
Nbr of Employees 75 400
Free-Float 80,2%
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Technical analysis trends NIKE, INC.
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TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 32
Average target price 164,04 $
Last Close Price 135,45 $
Spread / Highest target 36,6%
Spread / Average Target 21,1%
Spread / Lowest Target -16,6%
EPS Revisions
Managers and Directors
NameTitle
John J. Donahoe President, Chief Executive Officer & Director
Matthew Friend Chief Financial Officer & Executive Vice President
Mark G. Parker Executive Chairman
Andrew Campion Chief Operating Officer & Executive Vice President
Ann Miller Secretary, VP, Chief Ethics & Compliance Officer
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