Nike Inc Reports Strong Global Sales Across Diverse Product Lines

Nike, Inc., a prominent player in the sports footwear, apparel, and equipment industry, has been given a neutral rating by UBS.

The company offers a wide range of products under various well-known brands such as Nike, Jordan, Converse, and Jack Purcell. Footwear constitutes the majority of their sales at 68.6%, followed by clothing at 27%, and sports equipment at 4.1%.

Nike operates globally with 1,045 stores, as well as independent distributors and online sales channels. In terms of sales distribution, North America is the largest market at 41.6%, followed by Europe-Middle East-Africa at 26.5%, China at 14.7%, and Asia-Pacific and Latin America at 13.1%. Other regions account for 4.1% of sales, showcasing the brand's extensive international presence.

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