K Swiss (NASDAQ:KSWS) is a shoe company that designs,
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Its other product strategy is based on current consumer fashion trends. It does not keep a large inventory for these. Its goal is to take advantage of current fashion trends in the marketplace while minimizing risk. Its biggest competitors are Nike (NYSE:NKE) and Adidas (OTCQX:ADDYY). Investment gurus who are bullish on Nike,
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There are some issues with the economics though; people are worried consumers will slow their spending,
10 things only pregnant women know pics, being overextended in debt and with gas prices on the rise. Although it managed to beat Wall Street earnings estimates by one penny,
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Future orders (backlogs) also decreased significantly year over year. International revenues increased 29.2%. On the bright side,
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Panic About Anxiety, it expects it to be between 46% to 47%, consistent with its recent results. It stated in its conference call that it will not clear out its inventories at any price; this will keep margins up but pressure sales down. This also will not damage brand reputation.

Its domestic business has been in a decline for the past few years,
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It has recently put in significant resources into developing new products. Its target date for new products is the 1st quarter of 2008,
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Recently,
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Paul George Pacers Slam Clippers, Anna Kournikova has signed on to be the new spokesman of K Swiss. The thinking behind hiring her as the new spokesman is that she is a tennis star and K Swiss is a tennis shoe company. It makes sense, but she is more of a celebrity than a tennis star. Its earnings yield is 11%. It has $264 million of cash on its books. There is no debt. It’s trading at a forward price/earnings ratio for fiscal year 2008 of 17.22. It’s a great cash generator, cash flows from operations as a percentage of total revenue has been 14.4%, 18.5%,
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Regarding its cash position,
Why do Women Consider Shopping in Shoe Carnival, it’s very conservative with the use of its cash. Acquisitions are not a priority, unless the acquisition is an attractive candidate. A deal just to do a deal is not something of interest. It plans on doing more future share repurchases. A good indicator of when to start buying K Swiss stock will be when it starts buying back its shares in bunches. During its 1st quarter 2007 conference call,
Keen’s new disc golf shoe, CEO Steven Nichols said that once it has a clearer picture of what 2008 will look like, and if it will be positive, it will aggressively start repurchasing its shares. is fiscally conservative and seems to be on the right path of expanding the company with its new investments. It also has been using its cash wisely by buying back K Swiss outstanding shares. Its management is very shareholder friendly. Bonuses are based on Economic Value Added [EVA],
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CEO Steven Nichols has been with the company since 1987. George Powlick, who is CFO and COO, has been with the company since 1988. Steven Nichols basically controls where the company goes because he,
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Jordan Low 11 Bred Retro Og, through a Family Trust, controls 92.4% of the Class B shares. The medium term trend is down and the short term trend is neutral. RSI and MACD are both neutral. KSWS is currently above the 50DMA but below both the 20DMA and the 200DMA. On the bright side,
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7107, the 20DMA just crossed over the 50DMA, which could be a signal of a change of the trend. That has thrown its growth curve way off and currently domestic sales are still trending down. There are definitely short term issues with K Swiss, but I think management has taken steps to correct this downtrend in domestic sales with new products in the pipeline. Also,
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Buying right now would not be terrible,
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