SOURCE: World Street Fundamentals

September 01, 2011 09:00 ET

Insight Into Market Ahead - Equity Research on Genesco Inc. and Foot Locker, Inc.

HONG KONG--(Marketwire - Sep 1, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Genesco Inc. (NYSE: GCO) and Foot Locker, Inc. (NYSE: FL). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

Continued confidence in long-term U.S. debt is defying S&P's recent downgrade. Treasury yields continue at their lowest levels since January 1, 2011 as the market moved to "safe investments" weary of the storm clouds ahead. Winds can change however, as a last-minute move to save the U.S. from a historic default on its debt obligations. Attentions are now turned to the situation in Europe, with the health of the Euro in the balance; bankers are looking to prevent defaults on Italian and Spanish debt.

As a result of recent credit adjustments, opportunity is being marked for investors to take advantage of equities with high-margin and specialty products. Market-wise investors are carefully watching for value within equities boasting established pipelines and excellent growth prospects. As part of this process, the following companies have been introduced with initial research reports available online.

World Street Fundamentals has highlighted Genesco Inc. as a retailer of branded footwear, apparel and accessories. During the fiscal year ended January 29, 2011 (fiscal 2010), the Company operated five business segments: Journeys Group, Underground Station Group, Lids Sports Group, Johnston & Murphy Group and Licensed Brands. The entire report on Genesco Inc. (NYSE: GCO) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has featured Foot Locker, Inc. as a global retailer of athletic footwear and apparel. As of January 29, 2011, the Company operated 3,426 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The entire report on Foot Locker, Inc. (NYSE: FL) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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