|Day's Range||58.91 - 60.00|
|52 Week Range||49.01 - 60.33|
|PE Ratio (TTM)||23.88|
|Earnings Date||Sep 25, 2017 - Sep 29, 2017|
|Dividend & Yield||0.72 (1.20%)|
|1y Target Est||62.11|
Stocks of PVH and VF Corp. have almost always told the truth.
There is no hiding that adidas AG (ADR) (OTCMKTS:ADDYY) has been the growth name in the athletic retail space over the last several quarters. The return of retro styles really thrust the Adidas 3-Stripe look into the fashion spotlight. The dynamic of Adidas constituting a bigger and bigger threat to Nike has weighed heavily on NKE stock.
Wedbush thinks Nike's strategy will keep the retailers insulated.