Yes, because everyone orders their shoes and has them shipped to them instead of going and trying them on at the store. Idiot.
Regarding MCD, do you really think the fat lards that eat at MCD are purchasing NKE shoes or equipment for sports and exercise??? Again...Idiot
Again, another idiots post. I never knew that Big 5 only sold NKE brand and that is why their sales are down.....duh
Who called that idiotic play?? Goodnight Irene, goodnight Irene, i'll see you in my dreams....
It's not really surprising to see a consolidation phase after the strong move up last year and it could continue for several more months. Good to see it held support at ~91. As far as what to expect for sales in 2015, I figure FX headwinds will be countered by effects of lower oil prices, namely lower material input costs and higher consumer discretionary spending. Net net I think we see decent continued growth in revenues and earnings.
It's a good company but as a share owner i have concerns about currency headwinds and insider selling. Not to mention the stock just hasn't traded well in the past couple of months. At this point i'll just hold. I'm not in it for the short term anyways.