"This is a very gutsy call," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment.
Analysts also see comparable-store sales results coming in at 3%, more than their previous projection of 1%.
If they're right with this call, the stock has very limited upside, Cramer reasoned. On the other hand, if the analysts are wrong, there could be quite a bit of downside in the stock.
Analysts at Citigroup reiterated the stock with a buy rating and $88 price target, noting that the company has now surpassed Adidas in European shoe sales.
"Both of these companies are doing extraordinarily well," he concluded.
At the time of publication, Cramer's Action Alerts PLUS had no position in the companies mentioned.