Report
John Brick, CFA
EUR 101.80 For Business Accounts Only

Nike's Investor Day Evokes Confidence; Shares Undervalued

Wide-moat Nike hosted an investor meeting Oct. 25 and outlined its continued focus on the Triple Double and Consumer Direct Offense strategies, which we expect will support its brand equity moat for at least the next 20 years. Management also outlined its five-year growth targets of high-single-digit sales growth and midteens earnings per share growth, similar to our model, which assumes 8% top-line and 16% EPS growth over the next five years. With confidence in Nike's wide moat and our assumpti...
Underlying
Nike, Inc.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
John Brick, CFA

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