Jefferies analyst Randal Konik said his analysis of web data showed that Under Armour's (UAA) percentage of product on discount was down each month in Q4 and that momentum continued into Q1. He also noted that traffic to Under Armour's and Nike's (NKE) stores were up strongly last quarter and that discounting was down at both Foot Locker (FL) and Finish Line (FINL) in the Running category last month. Konik, who thinks all of these findings illustrate that "the overall athletic footwear category remains healthy," has Buy ratings on Under Armour and Foot Locker and a Hold rating on Nike.