Professional
Added to YB: 2024-09-12
Pitch date: 2024-06-30
NKE [bullish]
NIKE, Inc.
-7.66%
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
$73.07
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
Coho Relative Value Equity Portfolio Holding: NIKE, Inc.
NKE: Mixed Q4 FY24, weak FY25 guidance. Lifestyle product slowing, lower digital sales, int'l macro headwinds. Cost cuts & reinvestment in marketing/innovation to drive sales. Performance product innovation showing promise. Historically emerged stronger from downturns due to market leadership & scale.
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