Professional
Added to YB: 2024-06-20
Pitch date: 2024-03-31
NKE [bullish]
NIKE, Inc.
-25.05%
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
$90.43
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
Mar Vista Strategic Growth Fund Portfolio Holding: NIKE, Inc.
NKE earnings mixed: Rev met, EPS beat but FY25 outlook cautious on flat H1 sales from restructuring. Still, conviction high as efforts position for LT success. Earnings expected +10% in '24, accelerating to +15% in '25 as execution normalizes post-transition.
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