Nike, Inc. has been given a Neutral rating by UBS due to a cautious outlook on the stock.

Nike is a leader in the sports footwear, apparel, and equipment industry. The company sells products under well-known brands such as Nike, Jordan, and Converse. Footwear is the main driver of Nike's net sales, accounting for 68.6% of total sales, followed by apparel at 27% and sports equipment at 4.1%.

Nike operates a global network of 1,045 stores and also utilizes independent distributors and online platforms for sales. Geographically, Nike's net sales are distributed with North America contributing 41.6%, Europe/Middle East/Africa at 26.5%, China at 14.7%, and the Asia/Pacific and Latin America regions together accounting for 13.1%. The remaining 4.1% comes from other markets, highlighting Nike's extensive international reach and diverse revenue streams.