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.
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork