Nike Tells Executives It Remains in S&P 500 After S&P 100 Removal

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โดย Bloomberg·

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Nike sent an internal memo to executives clarifying that the company remains a member of the S&P 500, after its impending removal from the smaller S&P 100 index generated confusion, according to Bloomberg. The memo, reviewed by Bloomberg and distributed by Nike's investor relations and communications team, said the change does not affect the company's business, strategy, operations, or public listing, and Nike declined to comment. S&P Dow Jones Indices announced last week that Nike will be removed from the S&P 100 effective Sept. 21, along with Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive, with Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk taking their places; Nike had been an S&P 100 member since the end of 2008. Nike stock has dropped over 40% in 2026 and is tracking toward a fifth consecutive yearly loss, with a market capitalization of roughly $55 billion to $57 billion, a fraction of its peak near $264 billion to $281 billion in November 2021. The decline reflects a prolonged deterioration in the underlying business: Nike posted $46.4 billion in fiscal 2026 revenue, a 2% drop on a currency-neutral basis, warned sales would keep falling through the first half of fiscal 2027, and saw Greater China quarterly revenue shrink 17% in constant-currency terms in its most recent fiscal period. For passive funds tracking the S&P 100, the change will trigger buying and selling, with Nike's position in the iShares S&P 100 ETF valued at roughly $19 million, a small fraction of the more than $700 million exposure carried by the Vanguard S&P 500 ETF.

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