Shares of Foot Locker (FL) fell some 7.1% in Friday’s trading session. The retailer of athletic shoes and apparel,
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Fourth Quarter ResultsFoot Locker reported fourth quarter revenues of $1.71 billion,
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Gross margins for the business increased 90 basis points to 32.9%,
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Net income for the quarter came in at $104 million,
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2012 Nike Free Run 2.0 Gris Azul Blanco Mujeres Venta Barato,
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Non GAAP earnings came in at $111 million,
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Looking into 2013Foot Locker is confident for the full year of 2013:

CEO and Chairman Ken C. Hicks commented on the outlook for the coming year,
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The guidance implies that full year earnings for 2013 are expected to come in between $2.72 and $2.96 per share,
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Same store sales growth is expected to slow down from 9.4% in 2012 to growth in the mid single digits. Sales are expected to slow down as a result of the payroll tax increase and a delay in tax refund checks,
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ValuationFoot Locker ended its full year of 2012 with $928 million in cash,
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For the full year of 2012,
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After Friday’s sell off,
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Foot Locker currently pays a quarterly dividend of $0.20 per share,
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Some Historical PerspectiveShares of Foot Locker have seen their ups and downs as a publicly listed company. In the early 1990s shares were trading at highs of $35 as its shoes were in demand. Later that decade,
Nike Roshe Run mediana Marinos Volt Mujeres Hombres Mujer Hombre Zapatos Outlet Online, in 1999,
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Nike Free Run Trainer 3.0 Negro Rojo Hombres Encuentra Grandes Ofertas y Descuentos En Los Estilos Populares y Productos Online, shares hit lows of $5 as its shoes have gone out of fashion again. Shares re bounded after the turn of the millennium but fell back to $5 again during the recession of 2008 and 2009.

Over the last year,
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Mujeres Free Run 4.0 V2 oscuro obsidiana Plata Soar azul acolchado Usted Puede Obtener Todos Los Estilos y Todos Los Colorways De Todos, setting new all time highs in the process. Shares have been stagnating around $35 ever since,
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Between 2008 and 2012,
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Investment ThesisOverall,
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Last month,
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Yet there are some operational risks to Foot Locker’s growth story. Key for the business is its inventory management,
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The rising popularity of its basketball shoes,
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2012 Nike Free Run 2 Gris clair de lune Hommes 70% De Réduction, classic footwear and entry level apparel was less in demand,
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Investors are still a little disappointed with Foot Locker’s performance as same store sales growth continues to slow down. Same store sales growth came in at the low double digits in November,
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Overall,
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Nike Free Run 4.0 V4 2014 Grigio Donne Con migliore qualità, the financial strategy and strength allows the company to increase payouts to its shareholders. The recent declines make for an excellent entry point for long term holders.

Source: Foot Locker: Slow Down In Comparable Same Store Sales Growth Is Sending Shares Lower

Disclosure: I have no positions in any stocks mentioned,
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Nike Roshe Run Donne Nero Grigio Volt Solar Nero 100% genuino e sicura di pagamento, and no plans to initiate any positions within the next 72 hours. I wrote this article myself,
Nike Free Run 5.0 Tr azul claro púrpura Mujeres Varios Hermosos Zapatos Con Precios Baratos Calidad Acogedor, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More.)

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