First of all, comparing footwear companies to people is like comparing apples and oranges. Very different! Do you follow Nike? No one in the industry markets as well and has the financial wallet behind them. They have done a great job world wide capturing market share, however, They stumbled once in the eighties. Will it happen again? JD
Nike is on top of the athletic shoe industry. They have the best product available and will still record double digit earnings growth. I think their outlook is still good. The stock will probably trade higher in the coming months. Next year should be better than this year because of a continuous marketing program. I bet you cannot watch television for more than a few minutes without seeing their logo somewhere.