Nike, a publicly owned company headquartered in the United States, was founded in 1964 and employs approximately 67,050 individuals. The company reported $46.4B in revenue as of 2026. Functioning primarily in the retail sector, it specializes in its main product offerings within this industry.
On September 7, 2026, Nike secured a permanent injunction against three Delhi retailers, barring them from selling counterfeit goods in stores and online, with an Indian court also issuing an order. This follows Nike's launch of its Alphafly 4 marathon shoe, an update described as its lightest and most responsive yet, offering 10% more energy return and being 5% lighter than its predecessor, featuring an Atomknit upper, ZoomX LT foam, updated Air Zoom units, and a carbon-fibre Flyplate. Also revealed on September 18 was the upcoming global release of the Nike Caitlin 1, Caitlin Clark's first signature sneaker, scheduled to launch on October 1, with an earlier release for fans in China on September 24. Earlier on September 18, an analysis highlighted that Nike's 4.56% dividend yield faces fragility, noting that adjusted earnings per share of $1.58 barely covers the $1.64 annualized payout after removing a tariff windfall. The analysis further suggested that growth narratives have shifted to competitors like On Holding and Lululemon, given Nike's fiscal year 2027 guidance projecting continued revenue decline.
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