Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.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 closed the day up 0.2%. By the end of trading, Foot Locker rose $0.87 (1.9%) to $46.13 on average volume. Throughout the day, 1,664,556 shares of Foot Locker exchanged hands as compared to its average daily volume of 1,849,400 shares. The stock ranged in a price between $45.12-$46.56 after having opened the day at $45.12 as compared to the previous trading day's close of $45.26. Other companies within the Consumer Non-Durables industry that increased today were: Vince ( VNCE), up 8.1%, Verso Paper ( VRS), up 7.5%, Deswell Industries ( DSWL), up 7.0% and Mercer International ( MERC), up 5.5%.
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 $6.6 billion and is part of the consumer goods sector. Shares are up 9.2% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Foot Locker a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Foot Locker as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.