Added to YB: 2026-07-06
Pitch date: 2026-07-02
NKE [neutral]
NIKE, Inc.
-1.28%
current return
Author Info
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
$65.3B
Pitch Price
$43.90
Price Target
55.00 (+27%)
Dividend
3.72%
EV/EBITDA
11.95
P/E
21.00
EV/Sales
1.45
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
Nike, Inc. (NKE) -- Q4 FY2026 Results
NKE (earnings): Q4 FY26 EPS $0.72/49.2% GM inflated by $986M one-time tariff refund; underlying $0.20/40.2% GM, flat YoY. Guidance worsened to 'down low-mid single digits' thru Q2 FY27; CFO departing after 17yrs, no successor. NA wholesale +10% is accounting, not sell-in. Converse EBIT -93%, China -20%. ~50% of rev (Sportswear/Jordan) declining double digits; recovery hinges on untested H2 FY27 products. At 17.7x fwd on likely-too-high $2.40 consensus (26.9x underlying $1.58). NEUTRAL, low conviction; base case ~5-14% IRR fails 10% hurdle.
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