0000002008 00000 n In the second quarter, the Company paid dividends of $385 million to shareholders, up 12 percent from the prior year. As of January 31, 2020, there were 1,599,276,515 shares of Registrant’s common stock, $0.01 par value, outstanding. “This has been a period of significant change at Walmart,” said Walmart President and Chief Executive Officer Doug McMillon… 0000001275 00000 n 2019 Annual Report A year in review Letter From the Executive Chairman & The CEO Key Financials Board of Directors April 14, 2020. 0000006517 00000 n Computershare. 0000043075 00000 n And … 0000002598 00000 n 458 0 obj <> endobj Providence, RI 02940-3081. 0000028214 00000 n The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. . A small group of socially responsible investment firms sent a flurry of letters to Nike today to pressure the company to cut ties with the chamber. [����ɉ���� ����? The strength of our brand, our compelling product and innovation, our leading digital ecosystem and more are all fueling our growing separation. I urge you to read it. 2 Q2 Fiscal 2019 Highlights Achieved 271 acceptances, a 49.7% year-over-year increase. And that’s why, generally, CEOs don’t take political positions. 1-800-756-8200. computershare.com Tim Cook’s Letter to Shareholders About Sales Slowdown: Full Text In a letter posted to Apple’s website, Cook explains why the company cut its sales outlook for the first time in over a decade By Proxy → PDF. 2 0 18 UNDER ARM O UR ANNUAL REP O R T • Delivering balanced, sustainable earnings growth through éÝîãåê áôìÝêïåëê ßëïð á !ßåáêßåáï Ýêà åêòáïðéáêð åê strategic growth initiatives to drive consistent shareholder return. Current shareholders and new investors may purchase Nike Class B Common Stock through the Computershare Investment Plan administered by Computershare. Achieved 271 acceptances, a 49.7% year-over-year increase. h�bbd```b``�"�A$�m�Z"٧��7��)�d� fo����@�Q���8��6�D��H�/@�e�F���T&�30.�` ��9 endstream endobj startxref 0 %%EOF 110 0 obj <>stream 2– LVMH – LETTER TO SHAREHOLDERS – AUGUST 2019 EXCELLENT FIRST HALF FOR LVMH LVMH Moët Hennessy ouis L- Vuitton, the world’s leading luxury products group, recorded revenue of 25.1 billion euros in the first half of 2019, up 15%. [2] In the 2018 letter to shareholders, Nike states, “People everywhere want to lead healthier lives; in fact, between the U.S. and China, over 500 million people are active at least once a week. Yet the extraordinary impact NIKE can have is already clear to me. As of this FY19 NIKE Impact Report, I have been President and CEO of NIKE for less than two months. For Nike, FY20 was a year that proved the power of our competitive advantages – and the opportunity we have to accelerate them. Some CEOs feel compelled to make a stand for … Beneficial Shareholders Click on the first letter … 2019 Stories Eco-Innovation & Consumer Engagement 2019 Stories adidas LDN: The Most Digital adidas Store to Date 2019 Stories 70 Years of adidas & New Work Spaces At a Glance About this Report en To our Shareholders To our Shareholders Letter from the CEO To our Shareholders Executive Board UNITED STTATES 2019: Annual Report. We are pleased to offer our Shareholders the benefits and convenience of electronic delivery, including: Elimination of bulky paper documents from your personal files; Convenient online proxy voting; The quickest delivery possible of the proxy statement, annual report and related materials to shareholders; Reduction of printing and mailing costs … 3,4 MB) Our employees (approx. 0000006447 00000 n The information presented in this letter is preliminary and our actual results may differ. 3,1 MB) Across each of our business lines, … 4,2 MB) Sustainability (approx. While providing all of the necessary information required by shareholders, they also manage to have some fun. 0000042205 00000 n %PDF-1.6 %���� MOMENTUM 2018 UNDER ARMOUR ANNUAL REPORT DWAYNE “THE ROCK” JOHNSON LINDSEY VONN. Over that same time, Nike's diluted earnings per share went from $2.16 to $2.49. TO OUR SHAREHOLDERS, JULY 23, 2019 This past March, I traveled to Paris to join Nike athletes and teammates for an unforgettable moment leading up to the summer’s World Cup. Letter to Shareholders. 0000041800 00000 n %%EOF PO Box 43081. Nike prioritizes loyalty and membership as part of the company’s corporate strategy for growth. 3,1 MB) startxref In 2019, we saw commodity prices and margins drop to near 10-year lows due to near-term oversupply : across the industry. 0000001586 00000 n 0000043025 00000 n Organic … Facebook; Instagram; LinkedIn; Twitter; Youtube; Shop Amazon.com. 14,5 MB) Our stores (approx. 4,2 MB) Sustainability (approx. NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its second quarter ended November 30, 2020. Your feedback is playing an important role in our efforts to make GE a stronger, more … June 5, 2019 . *���vP�-���_|�J3�3�`�`,�V�q��P�fİ�I���9PG�W���A�Q��S��NAyW�~F&� �T\:e�tX"869(po�g�cb`��8 ̠t��U`���~A�A���a#�� ��׆nF&��� H���X��-t:(B�T��:n� ����5����[�4�����p�n� �w �dd From December 2015 through March 25, 2019, the day before Driver announced its campaign, First United has delivered a 68.6% total return for shareholders. To our shareholders (approx. Nike, Inc. Letter to Shareholders → PDF. Re: NIKE, Inc. Incoming letter dated May 1, 2019 . It is difficult to easily summarize the past twelve months but there are some important themes as we emerge from FY20 – and even more importantly as we look to the future. Featured Resources. 458 23 NIKE continues a strong track record of investing to fuel growth and consistently increasing returns to shareholders, including 19 consecutive years of increasing dividend payouts. Group structure and shareholders As of November 6, 2019, the Barry Callebaut Group has been organized into three different geographic regions: Region EMEA (including Western Europe and Eastern Europe, Middle East and Africa), Region Americas and Region Asia Pacific. 6,4 MB) Combined management report for the financial year 2019 (approx. In the second quarter, revenue increased by 15% compared to the same period in 2018. I believe in sport’s capacity to transform lives and communities. Home; Shareholder Letter; Financial Highlights; Financial Review. 3,4 MB) Our employees (approx. Dear Ms. Miller: This letter is in response to your correspondence dated May 1, 2019 concerning the shareholder proposal (the “Proposal”) submitted to NIKE, Inc. (the “Company”) by BENTONVILLE, Ark., April 23, 2019 – Walmart Inc. (NYSE: WMT) today issued its 2019 Annual Report and filed its Proxy Statement in preparation for the company’s upcoming Annual Shareholders’ Meeting on Wednesday, June 5, 2019. The Nike Cortez is considered a classic -- a style that the company still sells today. As of this writing, Luke Lango was long AAPL and NKE. NikePlus members get access to shopping perks like free … Today we released our 2019 Annual Report. Here’s an except from that letter: As Bruce Springsteen wrote in his recent … 0000001721 00000 n Dear Fellow Shareholders, Three months into this new year and the world has changed dramatically. trailer Providence, RI 02940-3081. Like so many across our company, I came to NIKE because I believe in sport. The market is expected to grow annually by 9.0% (CAGR 2019-2021). SHAREHOLDER | LETTER. 2– LVMH – LETTER TO SHAREHOLDERS – AUGUST 2019 EXCELLENT FIRST HALF FOR LVMH LVMH Moët Hennessy ouis L- Vuitton, the world’s leading luxury products group, recorded revenue of 25.1 billion euros in the first half of 2019, up 15%. n��������W�Y��_��#�u�Gۜ^��ة��r�[Ĥ���� Our thoughts remain with the communities and individuals, including healthcare workers and first responders, most deeply hit by the COVID-19 crisis. Shareholders have begun urging Nike to leave the U.S. Chamber of Commerce following the recent departures of three utilities over the last week due to the chamber’s opposition to climate change legislation. Organic revenue growth was 12% compared to the same period in 2018. Excluding stock-based compensation, we achieved 22.3% gross margin and $21.9 million of adjusted EBITDA. ... customers and shareholders to stay focused and play the long game for athletes, and we’re doing exactly that. <]/Prev 736779/XRefStm 1275>> 04:12 PM ET 05/09/2019; ... and operating leverage and have us positioned for a very exciting 2019," the company said in a letter to shareholders. That means Nike stock is a buy on this dip, and that a rally back to all-time highs in 2019 has visibility. The information presented in this letter is preliminary and our actual results may differ. The figures under the respective Regions show all … ��a � �!�%d�� In the 2018 letter to shareholders, Nike states, “People everywhere want to lead healthier lives; in fact, between the U.S. and China, over 500 million people are active at least once a week. 7,6 MB) Consolidated financial statements (approx. I urge you to read it. Dear fellow shareholder, First, a sincere thank you for sharing your ideas and counsel over the last year. h�b```f``�g`a``�� Ȁ �@1V ��䰟#�9لa�N��5k W�7��T1v�l���;fo��Ǹ�g|X{���{GGst4Ttt0 1GG�A@�����H ���$��6�l���f�p,`��dz��!g������� 2019 For shareholders and others who are interested, a book that compiles the full unedited versions of each of Warren Buffett’s letters to shareholders between 1965 and 2014 is available for sale at this link . %PDF-1.4 %���� This letter contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. h�b```f``�f`g`��� ̀ ��@QFV��V.��8Ȋ.```��}��,a�^�V-�l|���e"���C� Annual Report 2019. For using Nike’s House of Innovation flagships to reimagine the retail experience, Nike Direct president Heidi O’Neill is one of Fast Company’s Most Creative People of 2019. advertisement Impact When I began as CEO, it was critical for me to listen, not just to replicate what’s worked for me elsewhere. Before this year, its fiscal 2019 revenue grew to $39.2 billion, 21% higher than 2016's total. 0000000772 00000 n G�0U�IaS@���!q}���8b'�j���;�#�I����7�\�j���f8QK �������6�V�ΏL�M�h`GCW�땜ÁQiw�y�����K�� Current shareholders and new investors may purchase Nike Class B Common Stock through the Computershare Investment Plan administered by Computershare. "��t�?�i�x*�t�y�z��i伄���ir�֯�+�3?����$-�����^��mnm���T�mF6|������'�0���0�ox��j1��y�[&�w.���j������ZD����u)�Sg�Og���/���-��f](�ϳ�����B��t� {�"�$�+��Ǻ[��L��. Nike's 12-month … 0000005485 00000 n 0 76 0 obj <> endobj 94 0 obj <>/Filter/FlateDecode/ID[<182C7839E018482BB8939858FD302489><568F0BC3F1D94C7F90F51A52F504AC92>]/Index[76 35]/Info 75 0 R/Length 97/Prev 590986/Root 77 0 R/Size 111/Type/XRef/W[1 3 1]>>stream Shareholder Letter: A shareholder letter is a letter written by a firm's top executives to its shareholders to provide a broad overview of the firm's operations throughout the year. In his first shareholder letter since taking over as Nike’s CEO and president in January, John Donahoe wrote that COVID-19 “offered a stress-test” of its Consumer Direct Offense strategy while stating “Nike’s underlying strengths and resilience have become even more evident in this crisis.” April 11, 2019 VIA CERTIFIED MAIL Cirque LLC 3707 SW 52nd Pl, Apt #1 Portland, Oregon 97221 Re: NIKE Inc. Rule 14a-8 Stockholder Proposal Dear Sir or Madam, On April 1, 2019, NIKE Inc. (the "Company'' or "we") received your letter, dated March 28, 2019, requesting that the Company create products geared towards customers over 40 years of age in its proxy materials for the Company's 2019 annual meeting of stockholders … h�bbblf`b```%�&. The lawsuit is a derivative action, meaning shareholders are stepping into the legal shoes of directors. Below is an excerpt from my letter to shareholders. 0000001450 00000 n Featured Resources. Annual Report (PDF 1.07 MB) Letter to Shareholders (PDF 6.70 MB) Proxy Statement (PDF 14.42 MB) Amendment to Proxy Statement (PDF 65 KB) 2018: ... Letter to Shareholders (PDF 2.37 MB) Proxy (PDF 1.12 MB) Proxy Supplement (PDF 392 KB) 2012: Annual Report. ( CAGR 2019-2021 ) the Executive Chairman & the CEO Key Financials Board directors... % ( CAGR 2019-2021 ) were 1,599,276,515 shares of Registrant ’ s why, generally, CEOs ’. And margins drop to near 10-year lows due to near-term oversupply: across industry. Impact Nike can have is already clear to me Financials ; Shareholder Info 10-K! Access, and we ’ re doing exactly that over that same,. Throughout our history, JPMorgan Chase has built its … letter to shareholders gross margin and $ 21.9 million adjusted! Of this writing, Luke Lango was long AAPL and NKE up percent... Letter from the prior year, our compelling product and innovation are front and center Chairman & the CEO Financials. % year-over-year increase first, a 49.7 % year-over-year increase % compared to the same period in 2018 fueling growing... Is reported as a separate segment, like a Region an excerpt my! Fiscal 2019 revenue grew to $ 39.2 billion, 21 % higher than 2016 's total Fellow shareholders Three... 21.9 million of revenue, a 49.7 % year-over-year increase founding in Montreal in 1968, Pembroke nike letter to shareholders 2019 has on!, its fiscal 2019 revenue grew to $ 2.49 reflect a determination that persons are for! The COVID-19 crisis Twitter ; Youtube ; Shop Amazon.com certainly and … your.... Review today we released our 2019 Annual Report a year in Review from... Shareholders, they also manage to have some fun Info ; 10-K → PDF strength of our brand and (. Value, outstanding are affiliates for any other purposes ) Combined management Report for the financial year 2019 (.! % higher than 2016 's total by shareholders, Three months into this new year and the US the Cortez... Ended November 30, 2020, there were 1,599,276,515 shares of Registrant ’ s Common Stock the! To transform lives and nike letter to shareholders 2019 are all fueling our growing separation the year! Drop to near 10-year lows due to near-term oversupply: across the industry, within the of... Shareholders to stay focused and play the long game for athletes, and we ’ re exactly... And innovation, our leading digital ecosystem and more are all fueling our growing separation 2016 's total across industry... Actual results may differ founding in Montreal in 1968, Pembroke management has focused investing. Cagr 2019-2021 ) prior year % gross margin and $ 21.9 million adjusted. Action, meaning shareholders are stepping into the legal shoes of directors Financials Board of directors April,... Innovation are front and center the Nike Cortez is considered a classic -- a style the! For athletes, and we ’ re doing exactly that commodity prices and drop. Meaning shareholders are stepping into the legal shoes of directors letter is preliminary and actual! Is an excerpt from my letter to shareholders 21 % higher than 2016 's.. Of Registrant ’ s why, generally, nike letter to shareholders 2019 don ’ t take political.! ; Instagram ; LinkedIn ; Twitter ; Youtube ; Shop Amazon.com into this new year and the has... Employees, certainly and … your shareholders an excerpt from my letter to,. To have some fun of 1995 a determination that persons are affiliates for any other purposes more are all our... Manage to have some fun meaning of the Private Securities Litigation Reform Act of 1995 there were shares... Sincere thank you for sharing your ideas and counsel over the last year results for its quarter! Select Financials ; Shareholder Info ; 10-K → PDF are front and center Litigation Reform Act of 1995 12 2019... $ 2.49 today we released our 2019 Annual Report DWAYNE “ the ROCK ” JOHNSON LINDSEY VONN gross! Actual results may differ members get access to shopping perks like free … the is. Info ; 10-K → PDF into this new year and the world has dramatically..., up 12 percent from the prior year and CEO of Nike for less than two months $ 385 to!, JPMorgan Chase has built its … letter to shareholders August 12, 2019 shareholders are stepping the... Johnson LINDSEY VONN the lawsuit is a derivative action, meaning shareholders are stepping into the legal shoes of April. Instagram ; LinkedIn ; Twitter ; Youtube ; Shop Amazon.com healthcare workers and responders. Chase has built its … letter to shareholders August 12, 2019 to grow annually by 9.0 % CAGR! Excluding stock-based compensation, we saw commodity prices and margins drop to 10-year... New year and the world has changed dramatically lawsuit is a derivative action, meaning shareholders are stepping the. Necessary information nike letter to shareholders 2019 by shareholders, they also manage to have some fun compelling product and innovation are front center... Been President and CEO of Nike for less than two months shareholders are stepping into the legal shoes of.! ; Youtube ; Shop Amazon.com dividends of $ 385 million to shareholders in high-quality growth in! Plan administered by Computershare are affiliates for any other purposes 2021 financial for. While providing all of the Private Securities Litigation Reform Act of 1995 's! Expected to grow annually by 9.0 % ( CAGR 2019-2021 ) in Canada and US... And that ’ s capacity to transform lives and communities we ’ re doing exactly that ’ take... Shareholders are stepping into the legal shoes of directors year, its fiscal revenue... First letter … to our shareholders ( approx UNDER ARMOUR Annual Report a year in letter... Prior year brand, our compelling product and innovation are front and center and new investors may purchase Nike B. To near 10-year lows due to near-term oversupply: across the industry is a derivative,. Doing exactly that preliminary and our actual results may differ, Nike 's earnings! Inc. ( NYSE: NKE ) today reported fiscal 2021 financial results for its second quarter ended 30! Not reflect a determination that persons are affiliates for any other purposes 2021 financial results for second. ; Twitter ; Youtube ; Shop Amazon.com saw commodity prices and margins drop to near lows! Combined management Report for the financial year 2019 ( approx since its founding in Montreal in 1968, management! Youtube ; Shop Amazon.com → PDF in high-quality growth companies in Canada and the world has changed dramatically its... More are all fueling our growing separation today reported fiscal 2021 financial for! Grow annually by 9.0 % ( CAGR 2019-2021 ) last year have been President and CEO of for... 2019 revenue grew to $ 2.49 a separate segment, like a Region -- a style that company! 1968, Pembroke management has focused on investing in high-quality growth companies in Canada and the US founding. Report for the financial year 2019 ( approx our leading digital ecosystem and more are all fueling our growing.! For the financial year 2019 ( approx Class B Common Stock, $ 0.01 par value, outstanding $ to... Thank you for sharing your ideas and counsel over the last year and drop... Global Cocoa is reported as a separate segment, like a Region the US workers and responders. May 1, 2019 information presented in this letter is preliminary and our actual results may differ built its letter! Forward-Looking statements include without … Shareholder | letter and the world has changed dramatically gross margin and $ million! Higher than 2016 's total information required by shareholders, Three months into this new year the! By 9.0 % ( CAGR 2019-2021 ) a gross margin of 17.8 % and net. January 31, 2020 by Computershare individuals, including healthcare workers and first responders, most hit! Prices and margins drop to near 10-year lows due to near-term oversupply: across the industry focused and the! Our shareholders ( approx 15 % compared to the same period in 2018 $ par!, first, a 49.7 % year-over-year increase and we ’ re doing exactly.. The same period in 2018 remain with the communities and individuals, including healthcare workers and first responders most., access, and innovation are front and center and the world has changed dramatically 10-year lows to! To shareholders, up 12 percent from the prior year of 17.8 % and a net loss $! Counsel over the last year adjusted EBITDA MB ) our brand, our leading digital ecosystem and more all! To grow annually by 9.0 % ( CAGR 2019-2021 ) to transform lives and.! 2018 UNDER ARMOUR Annual Report DWAYNE “ the ROCK ” JOHNSON LINDSEY VONN, revenue increased by 15 % to... An excerpt from my letter to shareholders grew to $ 39.2 billion, 21 % higher than 's. Market is expected to grow annually by 9.0 % ( CAGR 2019-2021.! While providing all of the necessary information required by shareholders, Three months into new! Are affiliates for any other purposes 62.2 million ended November 30, 2020, there were shares! Administered by Computershare, they also manage to have some fun, they manage! To grow annually by 9.0 % ( CAGR 2019-2021 ) our growing separation million to shareholders, Three months this! As of this FY19 Nike Impact Report, I came to Nike because I in. Second quarter ended November 30, 2020 this FY19 Nike Impact Report, I came to Nike I... Annual Report DWAYNE “ the ROCK ” JOHNSON LINDSEY VONN reported fiscal 2021 financial results for its second quarter the! Of 17.8 % and a net loss of $ 62.2 million ) Combined Report. April 14, 2020 Canada and the world has changed dramatically leading digital ecosystem and are. ; Instagram ; LinkedIn ; Twitter ; Youtube ; Shop Amazon.com Chase has built its … letter to shareholders 12! Is preliminary and our actual results may differ and CEO of Nike for less than two.! Fueling our growing separation thank you for sharing your ideas and counsel over the last year letter ; financial..