NIKE, Inc. (NKE): A Bull Case Theory

We came across a bullish thesis on NIKE, Inc. on LongYield’s Substack . In this article, we will summarize the bulls’ thesis on NKE. NIKE, Inc.'s share was trading at $72.63 as of July 11^th. NKE’s trailing and forward P/E were 33.62 and 41.32 respectively according to Yahoo Finance.

Nike’s fiscal Q3 2025 performance highlighted significant operational and macroeconomic challenges, with revenues declining 9% year-over-year to $11.3 billion and EPS dropping 30% to $0.54. While beating expectations, margins compressed sharply due to higher markdowns, wholesale discounts, and...