We've said that Saucony
Let's review the numbers first. Sales were up 28% over last year's second quarter, hitting $44 million. (And most of the increase is in the U.S., meaning it's a real revenue increase and not just a benefit of the ailing greenback.) Where the rubber meets the pavement, the firm put up 22% earnings growth, coming to $0.45 per share.
Best of all, a 25% increase in order backlog indicates that the good times may continue to roll. The revenue growth is better than that being posted by industry gorilla Nike
Getting to the sale prospects, it certainly looks as though Saucony would be a welcome, profitable addition to any sports concern. Acquisition-hungryK2
Even after today's 8% run-up, Saucony still carries a P/E below 14. Given its history of free cash flow, and the way it shares the green with shareholders, it looks as though investors will continue to be rewarded.
Saucony has returned about one beeellion percent -- well, a bit less -- since it was a Hidden Gems pick. Take a risk free trial.