HedgeyeRetail Visual: NKE Futures vs. Margins. Tough to be Bearish

06/28/12 02:40PM EDT

When Nike's futures are up, inventories are trending down AND it's coming off the worst Gross Margin hit in 10-years, it's tough to build a bearish margin story over the next year.  

HedgeyeRetail Visual: NKE Futures vs. Margins. Tough to be Bearish - 6 28 2012 2 36 23 PM

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