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NIKE

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Nike : The Black/Red Jordan IV Releases in All Its Glory Next Month

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04/15/2019 | 06:18pm EDT

May 7, 1989; Cleveland, Ohio: A floating jumper at the foul line beats a buzzer, crushes one city, lifts another and cements two legends. The first of those is the shooter - MJ himself - who finished the series clinching game five with 44 points. The other is his shoe, the black and red Air Jordan IV.
Jordan signature shoes are cool for many reasons. The Air Jordan IV, when it arrived, was the coolest ever - in pure technical terms. Designed by Tinker Hatfield, it was a stripped down, streamlined, race-car-like game shoe complete with a lightweight nubuck upper and ventilated via mesh-filled cutouts.
On court, that shot in Cleveland conflated the shoe with a cold, clinical finishing. Off court, one of the greatest sneaker marketing campaigns in history combined with major film cameos made it an instant style staple.

Disclaimer

Nike Inc. published this content on 15 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 April 2019 22:17:02 UTC

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Financials ($)
Sales 2019 39 102 M
EBIT 2019 4 872 M
Net income 2019 4 114 M
Debt 2019 205 M
Yield 2019 0,98%
P/E ratio 2019 34,35
P/E ratio 2020 28,75
EV / Sales 2019 3,52x
EV / Sales 2020 3,27x
Capitalization 137 B
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Number of Analysts 34
Average target price 90,7 $
Spread / Average Target 3,7%
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Mark G. Parker Chairman, President & Chief Executive Officer
Eric D. Sprunk Chief Operating Officer
Andrew Campion Chief Financial Officer & Executive Vice President
Hans van Alebeek Vice President-Global Operations & Technology
James H. Scholefield Global Chief Information Officer & Vice President
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