Monday, July 9, 2007

NIKE Inc.

NIKE Inc. is among the world’s largest Footwear sector businesses in the world.  NIKE Inc.’s employees generate $1.386B in profits on $16.326B of revenue.  Global output in the Footwear business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but NIKE Inc. is determined to remain a market leader.  Sectoral leadership in the Footwear segment takes dedication and consistency, but management seeks out-sized growth.

NIKE Inc.’s ticker symbol NKE has recently been trading near $58.62 a share.  The NIKE Inc. corporate headquarters in Beaverton OR predicts Footwear profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $29.633B ensures sufficient liquidity.  With a beta of 0.85, the company is less volatile than the market as a whole.  When the average equity moves lower, NIKE Inc. moves less aggressively.

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