CanesAreAble
All-ACC
- Joined
- Nov 2, 2011
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- 9,144
I'm interested to see why you say that.
I'm not a sneakerhead at all, so I don't have a dog in this fight.
But one stock has risen 76% and one has essentially flatlined TTM.
Which company would you say is currently performing better?
I see your point and I'll be honest I didn't know the numbers. But I do have a few counter premises:
Adidas is currently performing better. But that rise could be because it was so far behind not only Nike, but had also been surpassed by UA in market share in 2015. So it had so much ground to make up to catch the 2 whereas Nike has plateaued and growth for them is marginal. Adidas either disappears or went up.
Second, adidas rose in a different stock market. I'm not saying for certain, but it is possible that growing that much in that market was easier than if it had to do that on our stock market.
Just a couple possible alternatives that I was thinking of.
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Adidas is a foreign company, but that doesn't mean they're competing in a different market than Nike. They're both international companies that move product all over the globe.