Nike: Low-Yielding, High-Growth Stock Benefiting From Durable Competitive Advantages

Summary:

  • Nike, an American athletic footwear and apparel corporation, is now a $114 billion (by market cap) sportswear behemoth.
  • Nike has enjoyed a unique level of brand awareness and cachet for many years, helping it to build a sportswear conglomerate with a wide lead over everyone else.
  • Nike has increased its dividend for 21 consecutive years, with a 10-year dividend growth rate of 12.5%.
  • Nike raised its revenue from $30.6 billion in FY 2015 to $51.4 billion in FY 2024, a compound annual growth rate of 5.9%.

Nike Fans

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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.



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