long on the fundamentals and improving sales picture and margins
Fundamentals? What fundamentals. Company is barely growing anymore. Margin Compression is equivalent to CANCER in the retail industry. Z
Face it indian8788, Nike is the industry leader with high market share. That makes them either* a star or a cash cow in Bruce Henderson's BGC growth-share matrix.*Depending in whether sports apparel is a high growth or low growth market.
Z, Converse, Hurley, Cole Hann, Umbro and the Nike Brand are all growing.Have you looked at Nike and their developments in China lately. The company is growing just fine.