Shoe industry
Article Abstract:
The earnings for most manufacturers of athletic shoes are expected to fall due to the high industry inventory and the slowdown in sales of athletic footwear in the US. However, growth in the international markets has been strong and the larger companies have expanded their presence in overseas areas. There are some bright spots in the industry, but investors need to be aware of the volatility that these stocks and markets are associated with.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Shoe industry
Article Abstract:
Shoe companies in the US are expected to expand overseas as it is unlikely that the rapid gains in the US market, where most of their profits are made, can be maintained. Major international athletic events in 1998 are expected to be beneficial for athletic footwear. Apparel will also become a product segment for the shoe industry, as clothing sales have accelerated. Stocks that are timely in 1997, or have growth potential, are recommended.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic:
Shoe industry
Article Abstract:
Decreasing demand for athletic footwear, except for certain prominent brand names, and reports that some casual and dress footwear companies have been increasing sales, indicate that this may be a transitory period for the shoe industry. Although half the the shoe companies evaluated rate well for Timeliness, many industry stock prices have dropped since February, 1997, which adds lustre to 3- to 5-year potential for appreciation.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: