Foot Locker (FL +2.6%) CEO Ken Hicks addresses the potential effect of the NBA lockout on the...

|About: Foot Locker, Inc. (FL)|By:, SA News Editor

Foot Locker (FL +2.6%) CEO Ken Hicks addresses the potential effect of the NBA lockout on the company's prospects on an earnings CC by saying he sees "little impact" on sales of basketball shoes - a stark contrast to UBS' take. He says basketball footware has a lifestyle appeal outside of the NBA, as customers buy for fashion appeal or their own playing needs without much consideration if NBA games are on tap.