Selling Sports Shoes For Under $10 Turned This Shoemaker Into India’s Newest Billionaire [Forbes]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
Company Research
Source: Forbes
Hari Krishan Agarwal launched “Campus” sports shoes in 2005.Courtesy of Campus ActivewearThe IPO of Campus Activewear, which sells more shoes than the likes of Nike and Adidas in India, propels its founder into the billionaires club.The $9 billion Indian footwear industry has spawned three billionaires in recent years. Delhi-based brothersMukand Lal Dua and Ramesh Kumar Dua,Rafique MalikAgarwal’s tryst with entrepreneurship began in 1983 when he founded the “Action" sports shoe brand. In 2005, he launched “Campus” sports shoes for prices under $10. The budget pricing helped Campus make big enough strides to compete with global brands such as Nike, Adidas and Puma, which sell sports shoes for upwards of $35.“He capitalized on the huge vacuum in the Indian sports shoe market—in the $10 to $40 price range,” says Campus’ chief financial officer Raman Chawla.An April 2022 report by Gurgaon consulting firm Technopak notes that in fiscal 2021, Campus was India’s largest player in the branded
Show less
Read more
Impact Snapshot
Event Time:
NKE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NKE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NKE alerts
High impacting Nike, Inc. news events
Weekly update
A roundup of the hottest topics
NKE
News
- Nike momentum picks up ahead of high-profile product launches [Seeking Alpha]Seeking Alpha
- Adidas Could Benefit From Nike's Innovation Struggles, Morgan Stanley Says [Yahoo! Finance]Yahoo! Finance
- Arianna Casadei On Family Brand's Push in Asia, Bridal [Yahoo! Finance]Yahoo! Finance
- Betting On The Swoosh: Why Nike Deserves A Spot In Your Portfolio [Seeking Alpha]Seeking Alpha
- Adidas Could Benefit From Nike's Innovation Struggles, Morgan Stanley Says [BNN Bloomberg (Canada)]BNN Bloomberg
NKE
Earnings
- 3/21/24 - Beat
NKE
Sec Filings
- 4/4/24 - Form 10-Q
- 3/21/24 - Form 8-K
- 3/11/24 - Form 8-K
- NKE's page on the SEC website