Morningstar

David Swartz

David Swartz is a senior equity analyst for Morningstar.

More From David Swartz

Although inventory shortages impacted sales, we see them as temporary and not reflective of high underlying demand. This stance is reflected in Nike’s guidance of 75% sales growth (against an easy comparison due to the outbreak last year) for the fourth quarter versus our prior 66% estimate.
David Swartz

The retailer looks like a compelling value as many rivals are closing their doors for good.
David Swartz

We do not think the pandemic will have any impact on the power of the brand, the source of our wide moat rating, and think it highlights its e-commerce, which jumped 75% in the quarter.
David Swartz

More About David Swartz

David Swartz is a senior equity analyst, AM Consumer, for Morningstar*. He covers department stores, specialty retailers, and manufacturers and retailers of apparel, footwear, and accessories, such as Nike, Lululemon, Tapestry, and Ulta Beauty.

Before joining Morningstar in 2018, Swartz worked as a money manager and equity analyst for a family office in the Seattle area. Prior to that position, he worked for a financial software firm and as an analyst and fund manager for three equity hedge funds in the San Francisco Bay Area.

Swartz holds a bachelor’s degree in economics from the University of California at Berkeley and a master’s degree in economics from Yale University. He also holds a certificate in finance (investment management specialization) from UC Berkeley Extension.

* Morningstar Research Services LLC (“Morningstar”) is a wholly owned subsidiary of Morningstar, Inc

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