Trends look positive for Nike

|About: Nike Inc. (NKE)|By:, SA News Editor

A solid Q4 report from Foot Locker points to more strength at Nike (NKE), according to retail analysts.

Footwear was one of the few retail categories that showed accelerating sales through the tough holiday period and didn't get caught up in the promotional fervor.

Nike products have continued to sell well into Q1, according to channel checks.