Brand GrowthSome investors are skeptical of the company's efforts to elevate its brand and drive meaningful growth in new categories, especially amid rising competition in footwear.
Financial DisciplineThere is a risk that CEO Robert Greenberg may surprise investors with elevated levels of SG&A spending, which could impact financial discipline.
Market EnvironmentRisks to the target price include a consumer spending slowdown in North America and Europe, a deteriorating macroenvironment in China, less-than-expected growth from new categories, and increasing competition in the comfort footwear market.