Professional
Added to YB: 2025-06-09
Pitch date: 2025-03-31
NKE [neutral]
NIKE, Inc.
+7.64%
current return
Author Info
No bio for this author
Company Info
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America.
Market Cap
$97.4B
Pitch Price
$62.68
Price Target
N/A
Dividend
2.49%
EV/EBITDA
18.83
P/E
33.81
EV/Sales
2.15
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Macquarie Value Fund Portfolio Holding: NIKE, Inc.
NKE (holding update): Stock fell after Q1 beat low expectations but guidance lowered. China weak, inventory clearing progressing. Encouraging signs in wholesale partnerships, running shoe innovation & marketing spend. Near-term earnings pressure likely, but turnaround plan should drive long-term sales/profitability growth.