Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-08
NKE [bullish]
NIKE, Inc.
-3.45%
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
$70.20
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
Fundsmith Portfolio Holding: NIKE, Inc.
NKE: New CEO to address issues after pandemic online success led to neglect of brick & mortar, opening door to competition. Still dominant market share. Shifting focus from exercise to fashion. Awaiting new management's strategy to revitalize brand and retail channels.
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