Ms. Cheap: Shoppers, get ready for a boot-stomping bargain

09.02.12

Big changes are afoot at French's Shoes and Boots in downtown Nashville.

In ell to the good discounts on shoes and boots for men, women and children that the foresee basement store has been offering to tourists and downtown workers for the gone three and a half years, the store has just opened an upstairs space center in the space where a gift shop used to be.

Yep, the prices are getting even cured with 50 percent to 80 percent off a good m of shoes, boots, western wear, T-shirts and other upstairs items that issued from all nine of the French's stores.

French's has big plans

Owner Rodney French has bought the structure at 126 Second Ave. N. and can now use both levels instead of just the basement.

French's has big plans for a finalize overhaul of the historic Second Avenue building starting near the start next year, making the upstairs Second Avenue elevation a flagship full-line store for the chain. The downstairs region where French's has been operating will be converted into a year-round allow for basement that will get merchandise from all the stores.

Source: The Daily News Journal

Foot Locker Verses Crocs and Skechers: Which Shoes Should Investors Walk In ...

09.02.12

Foot Locker (NYSE: FL ) , Crocs (NASDAQ: CROX ) and Skechers USA (NYSE: SKX ) are three well known footwear stocks and brands but which one should you be walking in? For starters, Foot Locker has had a virtuousness year as its stock is up in price and revenues are also higher. However, Foot Locker’s CEO has also expressed malaise about the holiday-season and that the company may have to resort to discounts to unquestionable its shelves – meaning lower revenue and margins. Moreover and if Foot Locker has such concerns, so should Crocs and Skechers – at least in theory. Hence, here is a closer look at FL, CROX and SKX to succour you decide which footwear stock you should be walking in:

Foot Locker (NYSE: FL)

Foot Locker is a extensive retailer of athletic footwear and apparel that operated around 3,426 principally mall-based stores in the USA, Canada, Europe, Australia, and New Zealand at the start of the year. On Friday, Foot Locker flatten 1.02% to $22.27 (FL has a 52 week trading distribute of $15.88 to $25.50 a share) for a market cap of $3.41 billion. Investors should note that Foot Locker has risen 34% during the late 52 weeks, has a beta of 1.07, P/E of 14.46, EPS of $1.54, libretto value of $13.81, quarterly revenue growth (yoy) of 16.30% and trimonthly earnings growth (yoy) of 516.70%. Foot Locker also has an indicated brash dividend of $0.66 for a forward dividend yield of 3%. Investors should also note that Foot Locker, as a pre-eminent retailer of basketball shoes and NBA jerseys, could be impacted by the NBA lockout. Moreover, Foot Locker will dispatch its 3Q2011 financial results after the market closes on Thursday, November 17, 2011 – an earning account that investors might want to scrutinize closely.

Source: SmallCap Network