Nike: A Great Brand That Needs Time To Rebound
Summary
Nike is a global leader in athletic apparel, footwear, and accessories, recognized for its iconic brand. NKE currently f...
Nike is a global leader in athletic apparel, footwear, and accessories, recognized for its iconic brand. NKE currently faces revenue headwinds from slower demand and tariffs, impacting its near-term growth outlook. The stock trades at a forward P/E of 43, significantly above both industry and S&P 500 averages, raising valuation concerns.