Foot Locker Inc (FL): Today's Featured Consumer Non-Durables Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Foot Locker ( FL) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole was unchanged today. By the end of trading, Foot Locker rose $0.54 (1.6%) to $34.81 on average volume. Throughout the day, 2,734,447 shares of Foot Locker exchanged hands as compared to its average daily volume of 2,994,700 shares. The stock ranged in a price between $34.26-$34.85 after having opened the day at $34.29 as compared to the previous trading day's close of $34.27. Other companies within the Consumer Non-Durables industry that increased today were: G-III Apparel Group ( GIII), up 21.2%, DS Healthcare Group ( DSKX), up 7.8%, Tandy Brands Accessories ( TBAC), up 3.2% and Orient Paper ( ONP), up 2.9%.
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Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. Foot Locker has a market cap of $5.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Foot Locker a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Foot Locker as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, ACCO Brands ( ACCO), down 4.2%, Coldwater Creek ( CWTR), down 3.8%, Resolute Forest Products ( RFP), down 3.7% and STR Holdings ( STRI), down 3.0% , were all laggards within the consumer non-durables industry with PVH ( PVH) being today's consumer non-durables industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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