ANNUAL REPORT PROJECT 2011
Yesenia Rivera ACG2021-SEC001
SUMMARY
This company strives for excellence. Nike is an enormous corporation that continues to do well, even in this questionable economy. They are relentless about innovating to reach their full potential. Despite a few highs and lows within the company they continue to produce high quality sport-inspired equipment. Nike 2011 Annual Report
INTRODUCTION
CEO: Mark Parker Home office :
One Bowerman Drive, Bearerton OR 97005
Fiscal Year ended May 31,2011
Nike specializes in a wide range of products. They are leaders in the production of athletic footwear as well as leisure and casual footwear. Nike also produces sport apparel, accessories and sport performance equipment for not only the SEC teams and the general public here in the US, but globally as well.
AUDIT REPORT
PriceWaterhouseCoopers LLP
1300 SW Fifth Avenue, Suite 3100 Portland, Oregon 97201
Nike will continue to perform and produce high quality sport-inspired equipment despite the fluctuating economy. While suffering in some areas they continue to do well in most.
STOCK MARKET
Most recent price of the company’s stock
$85.73
Twelve month trading range of the company’s stock
$64.43-$94.23
Dividend per share $.31 Information accessed on 10/4/11 My opinion about the company stock as an investment? HOLD.
INDUSTRY&COMPANY PLANS
Nike is a worldwide leader in the design, marketing and distribution of athletic and sports-inspired footwear, apparel, equipment and accessories. Wholly-owned NIKE subsidiaries include Cole Haan, Converse Inc., Hurley International LLC, Umbro International Limited. NIKE is the largest seller of athletic footwear and athletic apparel in the world. Nike is committed to amplifying their innovation agenda and driving growth at the category, brand and country level. Nike acknowledges the fluctuating state of the economy and