th0mastan
2022-11-29

$Foot Locker(FL)$ Sneakers market has always attracted a huge fan base, not just for fashionistas but collectors as well. 

The festives season is likely going to boost the sales leading all the way up to Christmasand new year. While the impending recession might loom over consumer spending, would think that the first few areas to cut back are f&b and unnecessary travels etc. or at least spending on cheaper sneakers.

The revenue and net income growth has been healthy over the past few years while the company has also took the effort to close and open outlets in line with sales and to improve efficiency. One area to note is that the debt has also trended up in recent years. However, the spending has also allowed it to become the dominant market player in the industry.

@Daily_Discussion (29/11) @TigerStars @CaptainTiger @MillionaireTiger

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Comments

  • shining87
    2022-11-29
    shining87
    Nike threw them a curveball to be sure but FL is a well run company that has impressed me over time. They will do fine.
    • th0mastan
      Yes definitely, not many brick and mortar retail could survive these days
  • YaleBrewster
    2022-11-29
    YaleBrewster
    Another GREAT quarter, 9 million short shares needing to cover today before FL. hits 40 AGAIN.
  • YeddaJohnson
    2022-11-29
    YeddaJohnson
    Foot Locker Locking Up Strong Gains ahead of The Black Friday and Holiday Crowds Shoppers.
  • SiFu
    2022-11-29
    SiFu
    Good sharing thanks
  • Tiramisu2020
    2022-11-29
    Tiramisu2020
    cool
  • boohuang
    2022-11-29
    boohuang
    ok
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