Nike, Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products worldwide. The company offers various categories of shoes, including running, training, basketball, soccer, sport-inspired urban shoes, and children�s shoes. It also provides shoes for aquatic activities, baseball, bicycling, cheerleading, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and various athletic and recreational uses. In addition, the company offers sports-inspired lifestyle apparel, athletic bags, and accessory items. Further, it provides a line of performance equipment, including socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and various equipments designed for sports activities under the NIKE brand name, as well as markets apparel with licensed college and professional team and league logos. Additionally, it offers licenses to produce and sell NIKE brand swimwear, team sports apparel, training equipment, children�s clothing, electronic devices, eyewear, golf accessories, and belts. Nike, Inc. also markets its products under the brand names of Converse, Chuck Taylor, All Star, One Star, John Varvatos, Jack Purcell, Cole Haan, Bragano, and Hurley. The company sells its products to retail accounts, through stores, independent distributors, and licensees, as well as through its Website, nikestore.com. As of May 31, 2008, it operated 296 retail stores in the United States and 260 retail stores internationally. The company was founded in 1964 and is headquartered in Beaverton, Oregon. Analysts' Recommendation: Buy 30 Days Ago: Strong Buy Analysts' Target: $73 Analysts' Targets Roth Capital Partners $62 Hold Thursday, August 14, 2008 Susquehanna Financial $70 Neutral Tuesday, July 15, 2008 Caris & Company $75 Buy Monday, June 23, 2008 Credit Suisse $85 Outperformer Wednesday, May 28, 2008 McAdams, Wright & Ragen $71 Buy Thursday, March 20, 2008
$58.82 (09/06/08)
