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NKE – Market expectations are for improving Uniform ROA, and management is confident about their portfolio, growth, and manufacturing

October 23, 2018

  • NIKE, Inc. (NKE:USA)currently trades above historical averages relative to UAFRS-based (Uniform) Earnings, with a 30.2x Uniform P/E, implying bullish expectations for the firm, and management is confident in their balanced portfolio, growth opportunities, and manufacturing initiatives
  • Specifically, management is confident in their ability to grow their business in Asia-Pacific and Latin American countries, and about their opportunities in North America. Additionally, they are confident that demand in North America is balanced across their portfolio, and in their ability to deliver close-to-market manufacturing of high-quality products at scale. They are also confident about the strength of their brand across diverse geographies

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