"What's most exciting is we're still in the early stages of. Revenues for the NIKE Brand were $42.3 billion, up 17 percent on a currency-neutral basis, driven by growth across NIKE Direct and wholesale, double-digit growth across footwear and apparel, with growth led by Sportswear and the Jordan Brand. ** Others include all other categories and certain adjustments that are not allocated at the category level. Serie A began creating the media unit in October 2022. Serie A is still far behind Englands Premier League, which will make $6.55 billion from overseas rights from 2022-25. a new documentary on Gus Johnson, who has been broadcasting games while enrolled at Harvard. In 2022, the Adidas Group generated over 22.5 billion euros in revenue. Just last week, Jordan added 11 more WNBA players to its roster, producing its largest womens roster ever. Huawei 1Q revenue edges up, profit margin narrows The NBA legend and owner of the Charlotte Hornets made $90 million in salary over his NBA career. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. At the brand level, both Nike and Jordan underperformed the market and ceded share in the first half of 2021, compared to 2020. Jordan Brand earned $19.4 billion in revenue over the last five fiscal years, a fact initially noted by Neon Money Club. Get full access to all features within our Business Solutions. The gain comes on the heels of a 15% gain last year. My calculations are based on the following information as presented below: Based on the above assumptions, I calculated the following results: Nikes P/E Ratio is currently 31.91. China And 'The Last Dance' Propel Nike's Jordan Brand To - Forbes The brand name came from the pressurized gas within the midsole to make for a softer cushion compared to foam. These allow the company to achieve an enormous media reach. The fact that Nikes P/E (FWD) Ratio is currently 31.91, which is 10.27% below its average from the last five years (35.56), gives us yet another indicator that the company is currently undervalued. However, the companys current P/E (FWD) Ratio of 31.91 compared to Adidas (P/E (FWD) Ratio of 11.58) proves that you have to pay a substantial premium to buy the Nike stock compared to its competitors.
