Air Jordan 11 Playof: Athletic and fashion retailer Footlocker (FL) continues to post fantastic results, with the trend continuing during the second quarter. Revenue accelerated 7% yearoveryear to $1.4 billion, which was better than consensus expectations. Earnings per share grew 63% yearoveryear to $0.39, well ahead of the Street's expectations. Gross margins increased 90 basis points yearoveryear to 31.3%, but initial markup margins are falling slightly. The company's partners have been dealing with higher costs and have shown an increased desire to capture more profit through the supply chain. Though the firm has clearly navigated an impressive turnaround, Foot Locker's shares look fairly valued at current levels. The company registers a 7 on our stockselection rating system. Air Jordan 11 Playoffs Black Varsity Red White black Friday