Earnings Call ExcerptK-Swiss Inc. KSWS Q3 2009 Earnings Call November 5, 2009 11:00 am ET Executives Steven Nichols – Chairman and President George Powlick – Chief Financial Officer Analysts Jeff Van Sinderen – B. Riley & Company Sam Poser – Sterne, Agee & Leach Christopher Svezia – Susquehanna Financial...
Mike Price sends: My opinions on investment and the world have changed so dramatically over the past twelve months that I have decided to divide my investment ‘philosophy,’ into two separate sections I think it’s fitting to start this new manifesto at the apex of the former section. My investment career up ‘til this point had been full of disappointments and hypocrisy, I read and wrote about the virtue of doing your own work and investing, not speculating; but all this time I borrowed ideas from others and rarely did the amount of work necessary to justify taking a position. This had all started to change after I stopped working as much and was able to plow all the excess time into investing, to great result (unfortunately the result for my physique was the opposite).[More...]
I woke up 5 years too early today when I noticed K-Swiss (KSWS) down 23% for the day. Ouch. The additional announcement of eliminating the dividend didn’t help things either.
Current Status
KSWS is a small player in the lifestyle and athletic footwear industry. Until now, they derived most of their revenues from a ...
Companies that could issue positive surprises include Becton, Dickinson and Company (BDX), SucessFactors (SFSF) and Sunoco (SUN). Penn Virginia Corporation (PVA) could potentially disappoint investors. The Week's Events November has historically been one of the best months for the major markets, according to the[More...]
Barry Sherbal, VP Sales for K-Swiss talks about remaining true to their technology heritage and building the best performance tennis sneaker in the biz. Kids are now asking, can he/she play, or are they just stylin'? (KSWS)
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