Analyst Aneesha Sherman from Bernstein research considers the stock attractive and recommends it with a Buy rating. The target price is unchanged and still at USD 102.
Nike, Inc. specializes in the design, manufacturing and marketing of sports shoes, clothing, and equipment. The group's products are sold primarily under the names Nike, Jordan, Converse Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell. Net sales break down by family of products as follows:
- footwear (68.6%);
- clothing (27%);
- sports equipment (4.1%): golf equipment (golf clubs, balls, gloves, etc.), bags, balls, etc.;
- other (0.6%).
At the end of May 2024, products were being marketed through a network of 1,045 stores worldwide, through independent distributors, and via the Internet.
Net sales are distributed geographically as follows: North America (41.6%), Europe/Middle East/Africa (26.5%), China (14.7%), Asia/Pacific and Latin America (13.1%) and other (4.1%).
NIKE, INC. 
