Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of sports apparel retailer Genesco
So what: The operator of Lids, Sports Fan-Attic, and Journeys -- among many other retail concepts -- just reported a terrific first quarter of 2012, blowing both sales and earnings estimates out of the endzone. Lids and Journeys led the charge by showing double-digit comparable store growth year over year.
Now what: The sportswear sector has been strong lately as Genesco, Foot Locker
Interested in more info on Genesco? Add it to your watchlist.