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Non-Tech : Vans Inc. BIG HUMONGOUS Earnings jump. -- Ignore unavailable to you. Want to Upgrade?


To: wallstreetreporter who wrote (306)3/29/1998 10:54:00 PM
From: Allan Corrado  Read Replies (1) | Respond to of 403
 
To All - I listened to the Interview....

If you own this one or are thinking about it, you might want to listen to it. On the positive side, the CEO talked about bookings for the August Quarter being up 25% over the same quarter last year. Also, the continuation of three straight years of double digit comp store sales is there, as well. On the negative side, he said the Asian impact will last several more quarters and the inventory glut from NIKE and others may be a problem when it comes to price competition. In the long run he says VANS will benefit from the shakeout because of its niche in the market. Anyway, listen for your self. If you are not familiar with the way VANS markets and distributes its products the CEO provides an overview. The interview lasts about 15 minutes and you need Real Player.