Reminder we're hosting a Deep Dive Black Book on the Nike Ecosystem on Wednesday, May 1 at 12:30PM ET. Sentiment on the Nike growth trajectory is as bad as we have seen since the 2016/17 pilot with Amazon while Adidas was winning with Stan Smith / Superstars. To bet against Nike from here is to bet against a 30+ year trend of the company knowing how to deploy capital and drive market share gains. Ultimately, we're going to bridge the gap from where Nike is today from an earnings power perspective ($3.50ps), and the $6.50 - $7.00 number we think you need to believe (that no one does) to make Nike a BIG idea over a TAIL duration. We’re going to cover Nike’s growth trajectory historically and where we think it will go, implications of growth cycles for channel partners and competitors, the ‘Balance of Power is Shifting’ theme, the duopolistic nature of athletic footwear, Nike’s capital deployment, market share by category, fashion trends, and Nike management changes.
Call Details:
Date/Time: Wednesday, May 1st at 12:30 ET
Add to Calendar CLICK HERE
Live Video Link CLICK HERE
Elevator Pitch PDF CLICK HERE
