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NIKE INC (NKE)

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NIKE, Inc. : Nike LunarGlide+ 3 Celebrates Runners Around the World

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04/21/2012 | 08:04pm CET

April 21, 2012

Artist Mark Ward designed artwork for the London edition of the city pack collection.

Every April thousands of runners hit the streets of London to test their endurance, conquer goals and break personal records. To celebrate, Nike teamed up with artist Mark Ward to create graphics for this year's special London edition of the Nike LunarGlide+ 3, part of the city pack collection of nine shoes highlighting major marathons around the world.

The Nike LunarGlide+ 3 offers great cushioning and stability in a lightweight, flexible and breathable package. It features Dynamic Support -- opposing wedges of foam that move the runner from soft to stable as the heel lands and the foot flexes down -- to provide an easy, gradual transition and a smooth ride.

About the Artist:

Mark Ward grew up in London watching so much American television he believed it must be a country of cartoon colors and non-stop parades. Reality set in after a visit, but his work still exhibits American wonderland themes. Currently living in London, he cheers on swarms of runners every year. His city pack artwork was inspired by their dedication and is filled with funny symbolism true runners will appreciate.

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Financials ($)
Sales 2017 34 592 M
EBIT 2017 4 680 M
Net income 2017 3 942 M
Finance 2017 2 435 M
Yield 2017 1,23%
P/E ratio 2017 24,91
P/E ratio 2018 22,17
EV / Sales 2017 2,72x
EV / Sales 2018 2,55x
Capitalization 96 357 M
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Number of Analysts 36
Average target price 61,8 $
Spread / Average Target 6,1%
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Mark G. Parker Chairman, President & Chief Executive Officer
Eric D. Sprunk Chief Operating Officer
Andrew Campion Chief Financial Officer & Executive Vice President
Philip Hampson Knight Chairman-Emeritus
Alan B. Graf Independent Director
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