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Nike, Foot Locker Break Out In Near Lockstep

2015-09-25 23:04:31| Footwear - Topix.net

A strong morning rally produced three fresh breakouts Friday in shares of familiar names. Nike was the most obvious.

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Foot Locker And NBA Star James Harden Team Up For 'Play My Tweet'

2015-09-24 18:52:43| Apparel - Topix.net

Beginning today, fans can submit personal requests for Harden via Twitter by tagging @FootLocker and #PlayMyTweet for the chance to have him fulfill a request. Whether it's sending a fan an autographed jersey or singing Happy Birthday to your mom, legitimate requests will be considered.

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Competition May Keep Foot Locker From Realizing Its Goals

2015-09-24 08:08:19| Footwear - Topix.net

Foot Locker's ultimate goal is to "be the leading global retailer of athletically-inspired shoes and apparel." If the results of the second quarter of fiscal 2015 are any indication, the company continues to head in the right direction.

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Are Under Armour, Foot Locker Better Bets Than Nike?

2015-09-23 01:49:54| Footwear - Topix.net

"With the stock trading at a peak multiple of 27x forward P/E, we prefer exposure to the category via faster-growing UA , or the specialty retailers benefiting from NKE's product strength ," wrote Canaccord Genuity analyst Camilo Lyon in a Tuesday note. He maintains a hold rating on Nike.

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US Q2 in brief: Foot Locker, Hibbett Sports, Stein Mart

2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Foot Locker had an "outstanding" quarter with sales, earnings and margins all up, while Hibbett lowered its full-year guidance on lower sales. Meanwhile, New York & Company and Perry Ellis both narrowed their losses in the quarter, with the latter upping its full-year guidance, while Cato's quarter was mixed as earnings and margins fell, but sales climbed.

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