znnw shoes network on May 7 hearing of Merrill Lynch to maintain Yue Yuen (00551) "buy" rating, due to its largest customer, Nike (27% of its OEM sales) and the largest sports shoes rival Winterthur positive news business . Nike announced fiscal year 2015 revenue target of 27 billion U . S . dollars, of which 4% in developed markets to achieve growth of -7%, in developing markets to achieve 10% -40% growth; Winterthur companies are also expected sales growth this year will be more than 13 % . U . S . bank Merrill Lynch believes that at the end and the rebuilding of stocks in demand, Yue Yuen in the next two years will achieve faster growth, possibility of profit expected to rise . Also pointed out that better predictability Yuyuan Ying Lee, released its monthly sales, quarterly earnings, strong balance sheet, and the valuation is not high, equivalent to 11 the fiscal year (ending March) to 10 times price-earnings ratio, yield more than 4 % . Related Reading:
Shoe market: Anta huge room for development in the first quarter shoes Belle same-store sales increase of 18%
International Chinese military footwear supplier market shares starting this Emigrated: Olympic sports strengthen the growth momentum in the footwear manufacturers target price of 5 . 35 yuan China Dongxiang buy low, sell stock recommendations: shoe Belle profit growth was held by
[Random user name]
