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NetworkNewsBreaks – Foot Locker, Inc. (NYSE: FL) Featured in Analysis Report

Company: Foot Locker, Inc. (FL)
Category: Analyst Alerts

Foot Locker (NYSE: FL) was featured in a recent analysis report discussing the unexpected rise in consumer demand regarding the popular shoe retailer. The report, written by LikeFolio Founder Andy Swan, reads, “In July, we noticed an usual uptick in consumer demand for an unlikely name: Foot Locker. It was so unlikely, we took a special look into it. We discovered a growing consumer base engaged with Foot Locker’s digital drops. This is the kind of divergence opportunity we dream of…when we see a shift in consumer behavior that the market is not anticipating. Then, the company tipped its hand, announcing comp-store sales increased 18% in Q2.”

About Foot Locker

Foot Locker is a part of Foot Locker, Inc. The company leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point and Sidestep. With approximately 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia and New Zealand, as well as websites and mobile apps, the Company’s purpose is to inspire and empower youth around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has corporate headquarters in New York. For more information, visit the company’s website at www.Footlocker-Inc.com.

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