Nike: Low-Yielding, High-Growth Stock Benefiting From Durable Competitive Advantages
NKENIKE(NKE) Seeking Alpha·2024-07-08 21:00

hapabapa Nike Inc. (NYSE:NKE) is an American athletic footwear and apparel corporation. Founded in 1964, Nike is now a $114 billion (by market cap) sportswear behemoth that employs more than 80,000 people. FY 2023 sales can be broken down geographically as follows: 44%, North America; 28%, EMEA; 15%, Greater China; and 13%, APLA. As the world's largest seller of athletic footwear and apparel, Nike is in a league of its own and the true kingpin of its industry. The company has spent decades investing in its ...