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Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with net sales primarily from footwear (68.6%) and apparel (27%). As of May 2024, the company operates 1,045 stores globally and generates significant revenue from North America (41.6%) and Europe/Middle East/Africa (26.5%).
Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with footwear accounting for 68.6% of sales. The company operates 1,045 stores globally and generates revenue primarily from North America (41.6%) and Europe-Middle East-Africa (26.5%). Other regions include China (14.7%) and Asia-Pacific and Latin America (13.1%).
NIKE Inc. focuses on designing, manufacturing, and marketing sports footwear, clothing, and equipment, with net sales primarily from footwear (68.6%), clothing (27%), and sports equipment (4.1%). As of May 2024, the company operates 1,045 stores globally and generates sales mainly from North America (41.6%) and Europe/Middle East/Africa (26.5%).
NIKE, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with footwear accounting for 68.6% of sales. The company operates 1,045 stores globally and generates revenue primarily from North America (41.6%) and Europe-Middle East-Africa (26.5%). Other regions include China (14.7%) and Asia-Pacific and Latin America (13.1%).
UBS maintains a 'Neutral' rating on Nike with a target price of $80, while OTR Global downgrades the stock from 'mixed' to 'negative'. Morgan Stanley slightly reduces its price target from $82 to $80, reflecting a mixed outlook on Nike's near-term prospects. Raymond James anticipates Q2 results to fall below consensus estimates.
TeamViewer SE is acquiring 1E from Carlyle Group Inc. for $720 million, marking its largest acquisition to date. The deal, which is expected to close in early 2025 pending regulatory approvals, will enhance TeamViewer's presence in North America, where 1E serves clients like HP and Nike Inc.
NIKE, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with footwear accounting for 68.6% of sales, followed by clothing at 27% and sports equipment at 4.1%. As of May 2024, the company operates 1,045 stores globally and generates 41.6% of its sales from North America, with significant contributions from Europe-Middle East-Africa (26.5%) and China (14.7%).
UBS has lowered its price target for Nike from $82 to $80, maintaining a "Neutral" rating, citing a likely decline in global sales growth. Meanwhile, Nike shares saw a recent uptick, closing at $80.45, reflecting positive momentum despite market fluctuations. Other analysts, including Bank of America and J.P. Morgan, have also adjusted their price targets, indicating mixed sentiments about the company's performance amid industry challenges.

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