Published on 31 May 2024 on Benzinga via Yahoo Finance
Foot Locker Shows It's Headed In The Right Direction With Its Turnaround Plan
On Thursday, Foot Locker (NYSE: FL) showed its turnaround plan is working as it posted better-than-expected comparable sales, with shares surging 15% upon the release of its May quarter report. Although the footwear retailer is still in the black, its financials are declining at a slower rate.
Fiscal First Quarter Highlights