Professional
Added to YB: 2025-08-26
Pitch date: 2025-06-30
NKE [neutral]
NIKE, Inc.
-4.75%
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
$71.16
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
Pershing Square H1 holding update - Nike
NKE (holding update): New CEO Elliott Hill's turnaround showing early progress with Q4 results/guidance beating expectations despite 11% revenue decline. Running growing high-single-digits, wholesale orders up YOY. Inventory clearance ending 2025 should enable growth return 2026. Margin recovery expected as excess inventory cleared & overhead rationalized. Confident in return to historical high-single-digit growth & low-mid teens margins.
Read full article (2 min)