Barbara Furlow-Smiles stole more than $4.9 million that had been earmarked for DEI initiatives from Facebook, with the help of her former interns, a hairstylist, babysitters, nannies, and even her university tutor.
Nike Inc (NYSE:NKE) recently announced a dividend of $0.37 per share, payable on 2024-07-01, with the ex-dividend date set for 2024-06-03. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Nike Inc's dividend performance and assess its sustainability.
On Thursday, Foot Locker (NYSE: FL) showed its turnaround plan is working as it posted better-than-expected comparable sales, with shares surging 15% upon the release of its May quarter report. Although the footwear retailer is still in the black, its financials are declining at a slower rate. Fiscal First Quarter Highlights For the quarter ended on May 4th, revenue contracted about 3% YoY to $1.88 billion, in line with LSEG’s estimate. Net income plunged 78% to $8 million, or 9 cents per share.