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	<title>Stock Blog Hub &#187; Foot Locker Inc.</title>
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		<title>(BGFV) Big 5 Sporting Goods Corporation Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2012/04/02/bgfv-big-5-sporting-goods-corporation-upgraded-to-neutral/97175</link>
		<comments>http://www.stockbloghub.com/2012/04/02/bgfv-big-5-sporting-goods-corporation-upgraded-to-neutral/97175#comments</comments>
		<pubDate>Mon, 02 Apr 2012 17:37:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Sporting Goods Stores]]></category>
		<category><![CDATA[BGFV]]></category>
		<category><![CDATA[Big 5 Sporting Goods Corporation]]></category>
		<category><![CDATA[Dick's Sporting Goods Inc.]]></category>
		<category><![CDATA[DKS]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[HIBB]]></category>
		<category><![CDATA[Hibbett Sports Inc.]]></category>
		<category><![CDATA[Target Corporation]]></category>
		<category><![CDATA[TGT]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97175</guid>
		<description><![CDATA[We have upgraded our long-term recommendation on the U.S. based sporting goods retailer Big 5 Sporting Goods Corporation (BGFV) to Neutral from Underperform with a target price of $8.50. This rating upgrade was driven by the company’s continuous better-than-expected bottom line performance in the last three quarters of fiscal 2011. Big 5 Sporting’s earnings per share came ahead of the Zacks Consensus Estimate in the last three quarters with an earnings surprise history of 60%, 58.8% and 25% in second, third and fourth quarter, respectively. (For further details, please visit: Surprise &#8211; Reported Earnings History) Further, during the last three quarters of fiscal 2011, the company has surpassed and met its own earnings guidance. Big 5 Sporting’s second-quarter earnings of 16 cents per share beat its own guidance range of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/02/bgfv-big-5-sporting-goods-corporation-upgraded-to-neutral/97175/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DKS) Dick&#8217;s Sporting Goods Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/08/15/dks-dicks-sporting-goods-earnings-preview/81334</link>
		<comments>http://www.stockbloghub.com/2011/08/15/dks-dicks-sporting-goods-earnings-preview/81334#comments</comments>
		<pubDate>Mon, 15 Aug 2011 16:28:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Sporting Goods Stores]]></category>
		<category><![CDATA[Dick's Sporting Goods Inc.]]></category>
		<category><![CDATA[DKS]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81334</guid>
		<description><![CDATA[Dick&#8217;s Sporting Goods Inc. (DKS) is scheduled to release its second-quarter 2011 results on Tuesday, August 16, 2011. The Zacks Consensus Estimate is 50 cents a share for the second quarter of fiscal 2011. This represents a year-over-year estimated growth of 16.3%. First Quarter Performance      Dick&#8217;s Sporting Goods, an authentic full-line sporting goods retailer, posted strong first-quarter 2011 results, ended April 30, 2011, on the heels of higher sales and improved margins. Quarterly earnings climbed to 30 cents a share from the year-ago level of 22 cents a share, handily outpacing its earnings guidance range of 26 cents to 28 cents a share. Dick’s also inched past the Zacks Consensus Estimate of 29 cents. An increase of 2.1% in consolidated comparable-store sales (comps) and opening of new stores  led to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/15/dks-dicks-sporting-goods-earnings-preview/81334/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XRT) Report Shows U.S. Consumer is Alive and Kicking</title>
		<link>http://www.stockbloghub.com/2011/07/18/xrt-report-shows-u-s-consumer-is-alive-and-kicking/79298</link>
		<comments>http://www.stockbloghub.com/2011/07/18/xrt-report-shows-u-s-consumer-is-alive-and-kicking/79298#comments</comments>
		<pubDate>Mon, 18 Jul 2011 21:30:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BBBY]]></category>
		<category><![CDATA[Bed Bath & Beyond Inc.]]></category>
		<category><![CDATA[Chipotle Mexican Grill Inc.]]></category>
		<category><![CDATA[CMG]]></category>
		<category><![CDATA[Coach Inc.]]></category>
		<category><![CDATA[COH]]></category>
		<category><![CDATA[Consumer Discret Select Sector SPDR]]></category>
		<category><![CDATA[Consumer Staples Select Sector SPDR]]></category>
		<category><![CDATA[Cost Plus Inc.]]></category>
		<category><![CDATA[CPWM]]></category>
		<category><![CDATA[CROCS Inc.]]></category>
		<category><![CDATA[CROX]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[GMCR]]></category>
		<category><![CDATA[Green Mountain Coffee Roasters Inc]]></category>
		<category><![CDATA[HANS]]></category>
		<category><![CDATA[Hansen Natural Corporation]]></category>
		<category><![CDATA[HOT]]></category>
		<category><![CDATA[IBB]]></category>
		<category><![CDATA[Industrial Select Sector SPDR]]></category>
		<category><![CDATA[iShares Nasdaq Biotechnology]]></category>
		<category><![CDATA[LULU]]></category>
		<category><![CDATA[Lululemon Athletica Inc]]></category>
		<category><![CDATA[M]]></category>
		<category><![CDATA[Macy's Inc.]]></category>
		<category><![CDATA[Materials Select Sector SPDR]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Netflix Inc.]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[PCLN]]></category>
		<category><![CDATA[Priceline.com Inc]]></category>
		<category><![CDATA[Retail HOLDRs]]></category>
		<category><![CDATA[RTH]]></category>
		<category><![CDATA[Saks Incorporated]]></category>
		<category><![CDATA[Sentiment]]></category>
		<category><![CDATA[SHOO]]></category>
		<category><![CDATA[SKS]]></category>
		<category><![CDATA[SPDR S&P Retail]]></category>
		<category><![CDATA[Starwood Hotels & Resorts Worldwide Inc]]></category>
		<category><![CDATA[Steven Madden Limited]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Technology Select Sector SPDR]]></category>
		<category><![CDATA[TIF]]></category>
		<category><![CDATA[Tiffany & Company]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[XLB]]></category>
		<category><![CDATA[XLE]]></category>
		<category><![CDATA[XLI]]></category>
		<category><![CDATA[XLK]]></category>
		<category><![CDATA[XLP]]></category>
		<category><![CDATA[XLY]]></category>
		<category><![CDATA[XRT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79298</guid>
		<description><![CDATA[On Thursday, I wrote a piece titled &#8220;The Seven &#8216;C&#8217;s&#8217; of Recovery Optimism&#8221; with my last, and possibly weakest, point for the continuing economic expansion being the resiliency of the American consumer. Today, I will highlight where the strong consumer is spending her money and how that&#8217;s driving the earnings and stock prices of several top companies. First, a few points about where I got this wrong and where I got it right in the last two years. This is what I said yesterday about my previously cynical view of the consumer&#8217;s ability to recover from the credit crisis: &#8220;Here was one I got way wrong in 2009 and 2010. I thought the American consumer would be slow to spend again as she reconstituted her balance sheet and her debt. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/18/xrt-report-shows-u-s-consumer-is-alive-and-kicking/79298/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HOG) Gentlemen &#8211; Buy What You Know &#8211; Investment Ideas</title>
		<link>http://www.stockbloghub.com/2011/06/30/hog-gentlemen-buy-what-you-know-investment-ideas/77997</link>
		<comments>http://www.stockbloghub.com/2011/06/30/hog-gentlemen-buy-what-you-know-investment-ideas/77997#comments</comments>
		<pubDate>Thu, 30 Jun 2011 14:21:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Recreational Vehicles]]></category>
		<category><![CDATA[Buffalo Wild Wings Inc.]]></category>
		<category><![CDATA[BWLD]]></category>
		<category><![CDATA[Dick's Sporting Goods Inc.]]></category>
		<category><![CDATA[DKS]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[Harley-Davidson Inc.]]></category>
		<category><![CDATA[HOG]]></category>
		<category><![CDATA[KKD]]></category>
		<category><![CDATA[Krispy Kreme Doughnuts Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77997</guid>
		<description><![CDATA[When it comes to investing, we often opt for stocks we know. Ones we understand and most often those are the companies that we use regularly. Why That&#8217;s a Good Thing A big part of choosing good stocks is a consistent demand for their products. They also have to be profitable of course, but the first step is knowing where that top line on the balance sheet actually comes from. Figuring out which drugs are getting FDA approval or which complex technological advancement will take hold is something that most can&#8217;t even start to figure out. But, when we look to our everyday lives and the purchase we and our friends make, trends are easier to see. Where it Can Hurt You Easily, the biggest pitfall of investing in your ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/hog-gentlemen-buy-what-you-know-investment-ideas/77997/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFC) NXP Semiconductor: Cashing In on Mobile Transactions with Google Wallet</title>
		<link>http://www.stockbloghub.com/2011/06/16/nfc-nxp-semiconductor-cashing-in-on-mobile-transactions-with-google-wallet/76525</link>
		<comments>http://www.stockbloghub.com/2011/06/16/nfc-nxp-semiconductor-cashing-in-on-mobile-transactions-with-google-wallet/76525#comments</comments>
		<pubDate>Thu, 16 Jun 2011 15:15:31 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[BBY]]></category>
		<category><![CDATA[Best Buy Company Inc]]></category>
		<category><![CDATA[CVS]]></category>
		<category><![CDATA[CVS Caremark Corporation]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[NFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76525</guid>
		<description><![CDATA[by Marc Lichtenfeld, Investment U’s Senior Analyst Thursday, June 16, 2011: Issue #1536 Every so often, when a new technology appears, it becomes blatantly obvious that it will change the way we live, even before it becomes widely adopted. Anyone who was around during the early days of the automobile had to realize the freedom to move that it would bestow on people. People paying attention to the beginning of the internet had to know that it would change the way people communicate, conduct research and how congressmen get into trouble for lewd behavior. And today, a new technology is on the verge of breaking into the mainstream that will change the retail and restaurant industries forever… and bring happy returns to early investors… Near Field Communications Technology I’m talking ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/nfc-nxp-semiconductor-cashing-in-on-mobile-transactions-with-google-wallet/76525/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TBT) Finding Income AND Momentum in a Tough Economy</title>
		<link>http://www.stockbloghub.com/2011/05/05/tbt-finding-income-and-momentum-in-a-tough-economy/73320</link>
		<comments>http://www.stockbloghub.com/2011/05/05/tbt-finding-income-and-momentum-in-a-tough-economy/73320#comments</comments>
		<pubDate>Thu, 05 May 2011 17:10:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[CMS]]></category>
		<category><![CDATA[CMS Energy Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[McGrath Rentcorp]]></category>
		<category><![CDATA[MGRC]]></category>
		<category><![CDATA[Northeast Utilities]]></category>
		<category><![CDATA[NU]]></category>
		<category><![CDATA[Olin Corporation]]></category>
		<category><![CDATA[OLN]]></category>
		<category><![CDATA[PFS]]></category>
		<category><![CDATA[Provident Financial Services Inc]]></category>
		<category><![CDATA[R.R. Donnelley & Sons Company]]></category>
		<category><![CDATA[RCI]]></category>
		<category><![CDATA[Rogers Communications Inc.]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RRD]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[TBT]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[TEF]]></category>
		<category><![CDATA[Telefonica SA]]></category>
		<category><![CDATA[Textainer Group Holdings Limited]]></category>
		<category><![CDATA[TGH]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[UltraShort 20+ Year Treasury ProShares]]></category>
		<category><![CDATA[Unitrin Inc.]]></category>
		<category><![CDATA[UTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73320</guid>
		<description><![CDATA[With the 10-year T-note yielding only 3.21%, investors interested in getting income from their investments are in sort of a tough place. Dividend-paying stocks are a very good place to look for a replacement. One thing you know for sure is that the coupon payment on a 10-year note is not going to rise. A yield of 3.21% does not offer much of a cushion against inflation. What is inflation likely to average over the next 10 years? I have no idea, but based on the spread between the regular 10-year note, and the 10-year TIPS, the market is implicitly expecting a rate of about 2.50%, which is pretty much in line with the historical experience (headline CPI) over the last 20 years of 2.57%. While core inflation is the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/05/tbt-finding-income-and-momentum-in-a-tough-economy/73320/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DKS) Dick&#8217;s Sporting Goods Earnings Report Comfortably Beats Forecasts</title>
		<link>http://www.stockbloghub.com/2010/11/25/dks-dicks-sporting-goods-earnings-report-comfortably-beats-forecasts/59650</link>
		<comments>http://www.stockbloghub.com/2010/11/25/dks-dicks-sporting-goods-earnings-report-comfortably-beats-forecasts/59650#comments</comments>
		<pubDate>Fri, 26 Nov 2010 04:22:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Sporting Goods Stores]]></category>
		<category><![CDATA[Dick's Sporting Goods Inc.]]></category>
		<category><![CDATA[DKS]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59650</guid>
		<description><![CDATA[Dick&#8217;s Sporting Goods Inc. (DKS), an authentic full-line sporting goods retailer, posted strong third quarter 2010 results, ended October 30, 2010, on the heels of higher sales and improved margins. Quarterly earnings climbed to 22 cents a share from the year-ago level of 16 cents and comfortably outpaced its earnings guidance in the range of 15 to 16 cents. Dick’s also surpassed the Zacks Consensus Estimate of 17 cents. A 5.1% increase in consolidated comparable-store sales (comps) and opening of new stores aided the 9.0% year-over-year increase in total revenue, which climbed to $1,079.0 million. Total revenues beat the Zacks Consensus Estimate of $1,038.0 million. The comps growth was driven by a 3.8% rise in Dick&#8217;s Sporting Goods store sales, a 2.4% increase in Golf Galaxy store sales, coupled with ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/25/dks-dicks-sporting-goods-earnings-report-comfortably-beats-forecasts/59650/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DKS) Dick&#8217;s Sporting Goods Second Quarter Margin Improves</title>
		<link>http://www.stockbloghub.com/2010/08/24/dks-dicks-sporting-goods-second-quarter-margin-improves/49104</link>
		<comments>http://www.stockbloghub.com/2010/08/24/dks-dicks-sporting-goods-second-quarter-margin-improves/49104#comments</comments>
		<pubDate>Tue, 24 Aug 2010 14:35:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Sporting Goods Stores]]></category>
		<category><![CDATA[Dick's Sporting Goods Inc.]]></category>
		<category><![CDATA[DKS]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49104</guid>
		<description><![CDATA[Dick&#8217;s Sporting Goods Inc. (DKS), an authentic full-line sporting goods retailer, posted impressive second quarter 2010 results, ended July 2010, on the heels of higher sales and improved margins. Quarterly earnings climbed to 43 cents a share from the year-ago level of 36 cents and comfortably outpaced its earnings guidance in the range of 37– 39 cents a share. Dick’s also surpassed the Zacks Consensus Estimate of 41 cents per share. A 5.7% increase in consolidated comparable-store sales (comps) and opening of new stores aided the 8.8% year-over-year increase in total revenue, which climbed to $1,226.1 million. The comps growth was driven by a 5.6% rise in Dick&#8217;s Sporting Goods store sales, a 2.9% increase in Golf Galaxy stores, coupled with a 28.0% growth in e-commerce. Gross profit came in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/24/dks-dicks-sporting-goods-second-quarter-margin-improves/49104/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FL) Foot Locker Misses Earnings Expectations</title>
		<link>http://www.stockbloghub.com/2009/11/25/fl-foot-locker-misses-earnings-expectations/21257</link>
		<comments>http://www.stockbloghub.com/2009/11/25/fl-foot-locker-misses-earnings-expectations/21257#comments</comments>
		<pubDate>Wed, 25 Nov 2009 19:08:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Apparel Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21257</guid>
		<description><![CDATA[Foot Locker Inc. (FL) swung to a GAAP net loss of $6 million during its fiscal 2009 third quarter, from a GAAP net income of $24 million in the year-ago period. The quarterly result included a $22 million impairment charge associated with the company’s long-lived assets in the U.S. Excluding the charge, earnings per share came in at 10 cents, missing the Zacks Consensus Estimate by 23%, or 3 cents. The company posted a 7.3% decline in net sales to $1.2 billion during the quarter, compared to $1.3 billion in the year-ago period. The decline was primarily caused by an 8.2% reduction in same-store sales, a key performance metric for retailers, coupled with the closure of 113 stores in the last one-year period. Foot Locker’s quarterly gross profit dipped by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/25/fl-foot-locker-misses-earnings-expectations/21257/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NKE) Nike Sales Continue to Plummet</title>
		<link>http://www.stockbloghub.com/2009/08/26/nke-nike-sales-continue-to-plummet/13496</link>
		<comments>http://www.stockbloghub.com/2009/08/26/nke-nike-sales-continue-to-plummet/13496#comments</comments>
		<pubDate>Wed, 26 Aug 2009 20:24:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Textile - Apparel Footwear & Accessories]]></category>
		<category><![CDATA[FL]]></category>
		<category><![CDATA[Foot Locker Inc.]]></category>
		<category><![CDATA[HIBB]]></category>
		<category><![CDATA[Hibbett Sports]]></category>
		<category><![CDATA[Nike Inc.]]></category>
		<category><![CDATA[NKE]]></category>

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		<description><![CDATA[Nike Inc. (NKE), a leading global sportswear and equipment supplier company, has witnessed an unrelenting decline in sales due to the continued economic downturn plaguing the retail industry. The company reported a decrease in future orders for the past several quarters. Future orders measure customer orders scheduled to be delivered in the coming season. Nike anticipates its future orders to decline by over 5% when it reports its results in September. The continued softness in the economy has led to a reduction in disposable income and a cut in consumer discretionary spending. Consequently, consumers are more attracted to national and local department stores and discount stores that offer products at fire-sale prices. Major retailers like Foot Locker Inc. (FL) and Hibbett Sports Inc. (HIBB) further anticipate plummeting sales in the ]]></description>
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