• Investing Insights & Exclusive Offers → Get Our FREE “Market Brief”
    Sign-up for our free weekly newsletter. Get unparalleled investing insights and exclusive Summer Sale discounts on Hedgeye research.

    Disclaimer: By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. Use of Hedgeye and any other products available through hedgeye.com are subject to our Terms Of Service and Privacy Policy

The footwear industry finally seems to have stabilized in the US after nearly 10 weeks of cycling one of the most intense periods of discounting in years. Undoing last year’s sins when aggressive pricing drove clearance activity, we’ve recently had +10-20% selling price gains offset by commensurate unit sales decline.

We’re finally back at zero barrier – at almost the exact point when back-to-school sales start to pick up. Translation? We’re back to a point where these numbers gain increased relevancy on many fronts. My team and I will be watching them like a hawk.

Given the conservative fall buying I’m seeing out of many of the footwear retailers, I like how things are shaping up. I’m, still liking FL.