Skechers USA completed its first full year
in the stock market during calendar year 2000. It went up 406.6% during 2000.CAUTION: Investments in the stock market can and do lose money; they can also provide significant dividend income and rewarding increases in share value. The companies I list here manufacture athletic shoes, a product whose sales are relatively unpredictable and subject to the whims of consumer demand. Past performance is no guarantee of future performance. This data is historical... using historical information is akin to running backwards (it can be a good exercise but be very careful about running into the unexpected). Potential investors should examine all available data about a given stock, including but not limited to Securities and Exchange Commission filings, before investing.
For those who have asked: I Just Did It... bought a few shares of Nike that I later sold.... lost enough money on the stock to buy a pair. On the other hand, but if you want to buy stock to make money: take a look at Burlington Northern Santa Fe Corporation, ING Group NV, or Toyota Motor Corporation.
There are a number of athletic shoe companies (as indicated by their Standard Industrial Codes) that are represented in the various stock markets in the United States (NASDAQ, NYSE, or the "over the counter" market).
Skechers USA completed its first full year
in the stock market during calendar year 2000. It went up 406.6% during 2000.
Reebok shareholders were definitely in the black... with a 333.9% increase during
2000. Reebok was bought out in 2006 and is no longer traded.
The stock of Deckers Outdoor Corporation, makers of the Teva sport sandal, doubled in value (exactly) over calendar year 2000.
VANS
stockholders finished in the black, with a 38.3% gain during the year. VANS is now a division of VF Corporation, a major apparel maker.
K-Swiss, Inc. more than made up for their 30.2% loss
in 1999 by going up 34.7% during 2000.
During
2000, Nike investors were in the green with a 12.6% increase over the year.
Stride Rite, maker of
the Keds brand, had a modest 7.7% price increase.
FILA stock (no longer traded) was down 30.7% during the year.
Saucony, Inc. was the big winner in 1998 as well as 1999. However, Saucony Class A
stock finished in the red in 2000... down 45.8% for the year. NOTE: Historical interest only; Saucony is now a division of Stride Rite.
Red
seems to be the official Converse color in the stock
market, except for a fantastic performance during 1996. Converse stock lost
another 73.4% over
the year. As of March 2000, Converse went from the New York Stock Exchange to
the "over the counter" market. (Converse is now a division of Nike.)
Global Sports, Inc., is still around. However, they left the athletic shoe design and development business in May 2000. Global Sports, now known as GSI Commerce, handles Internet orders for (as of August 2005) around fifty brick and mortar retailers.
Continue onward to 2001's results.. Back to "Charlie's Sneaker
Pages!"
Last Updated: 29 March 2008 22:59
Wouldn't you just love to have a new pair?
Also, take a look at Emergency Preparedness Kits
-
everyone needs one!
Click here to send E-mail to Charlie.
Charlie's Sneaker Pages
copyright 1995-2008 by Charles L. Perrin.
READERS PLEASE NOTE: Names of athletic shoe manufacturers, shoe styles, and technologies may be trademarked by the manufacturers. Charlie's Sneaker Pages uses these names solely to describe the shoes with the same familiar nomenclature used by the manufacturer and recognized by the reader.