Added to YB: 2024-10-02
Pitch date: 2024-10-02
NKE [neutral]
NIKE, Inc.
-15.38%
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
$99.7B
Pitch Price
$80.10
Price Target
N/A
Dividend
2.43%
EV/EBITDA
19.28
P/E
34.64
EV/Sales
2.20
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Nike’s CEO Change Raises Concerns Over Culture, Focuses on DTC Efficiency Amid Inventory Challenges
NKE (CEO change analysis): CEO change signals culture decline. Hill upgrade, but marketing-focused. Inventory issues persist despite new product push. DTC efficiency focus. Shift to 'balanced growth' across marketplace. Running market share loss, but renewed focus. DD running growth claim premature. Cautiously optimistic on turnaround.
Read full article (2 min)