Nike Sees Sales Up 40 Percent By 2015
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The stock – up 11 percent in 2007 and up 27 percent since January 2006 – are valued at nearly 17 times 2008 earnings, above German rivals Adidas AG at nearly 12 and Puma AG () at 12.5. Nike also trades above much smaller U.S. rival Skechers USA (SKX.N) and the Dow Jones U.S. Consumer Goods IndexDJUSNC, at 15.9 times forward-looking earnings. nike bastille
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