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Added to YB: 2025-12-23

Pitch date: 2025-12-19

NKE [neutral]

NIKE, Inc.

-3%

current return

Author Info

Valuations is a disciplined value investor. A systematic approach to finding high-quality companies, valuing the equity and acquiring shares at a discount. Sign up for the newsletter.

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

$86.8B

Pitch Price

$58.99

Price Target

N/A

Dividend

2.79%

EV/EBITDA

18.16

P/E

34.42

EV/Sales

1.93

Sector

Textiles, Apparel and Luxury Goods

Category

growth

Show full summary:
NIKE Q2 FY26 – Middle Innings

NKE (earnings): NA +9%, wholesale +8% signals Win Now strategy working; Running +20% 2nd consecutive quarter taking share from Hoka/On; inventory down 3% to $7.7B nearing pre-COVID levels. China footwear -21%, tariffs hit margins 300bps to 40.6%, Q3 guide weak. Trading 25x vs peers high teens but no real peers, expecting double-digit IRR, adding on dips to low $50s.

Read full article (2 min)