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Corporation represents very strong brands and, therefore, should be able to benefit from increasing momentum in its Outdoor Action Sports segment in the second half of this year. Corporation's press release and earnings call, the company managed <a href="http://www.lvsneakes.com/jordan/jordan-dmp.html" rel="nofollow">Jordan DMP</a> to increase revenue by 8% in the second quarter, in line with the company's own guidance. Especially the increase in Outdoor Action Sports segment's revenue (16%) contributed to the overall revenue increase. The Outdoor Action Sports segment consists of well known brands like The North Face, Vans and Timberland. <a href="http://www.lvsneakes.com/jordan/jordan-spizike.html" rel="nofollow">Jordan Spizike</a> Corporation's total revenue and profit in the first six months of this year.<br /><br />The increase in Outdoor Action Sports revenue was enough to compensate for the disappointing results in other sectors like jeanswear ( 1%), imagewear (+3%) and other sportswear (+5%). Corporation earned $0.37 per basic share in the traditionally softest <a href="http://www.lvsneakes.com/nike-air-max-90/nike-air-max-90-em-womens.html" rel="nofollow">Nike Air Max 90 EM Womens</a> second quarter of the year. Earnings per share increased 16% compared to last year's second quarter, representing a solid gross margin and conservative spending in SG expenses. Corporation declared a $0.2625 dividend, a healthy 1.70% yield based on Friday's close. Corporation's shares dropped 1% on Friday and 2.3% for the year. For a stable growth company with a trailing P/E ratio just below 20, a disappointing result. However, the guidance was right in line with the guidance in the first quarter, as the company expects to increase revenue by 8% and to earn $3.06 a share in 2014. Corporation is more and more focusing on outdoor and (active) sports. For example, the company earns over 50% of its revenue and profit from its Outdoor Action Sports segment. Corporation should be compared to athletic and sports apparel companies like Nike (NYSE:NKE), Lululemon (NASDAQ:LULU) and Under Armour (NYSE:UA), rather than the traditional apparel companies. Nike (22.8), Lululemon (21.9) and <a href="http://www.lvsneakes.com/nike-air-max/nike-air-max-2012/nike-air-max-2012-heels-womens.html" rel="nofollow">Nike Air Max 2012 Heels Womens</a> Under Armour (63.7) all trade at a trailing P/E ratio above 20. Corporation has some short term upside potential and I am positive that its shares <a href="http://www.lvsneakes.com/nike-air-max/nike-air-max-2021/nike-air-max-2014-womens.html" rel="nofollow">Nike Air Max 2014 Womens</a> will <a href="http://www.lvsneakes.com" rel="nofollow">Air?Max</a> recover in the second half of this year.<br /><br />Additional disclosure: I am long NKE and VFC. Currently I have no long position in LULU. However, I actively trade LULU on a day to day basis. 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