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Foot Locker Is Down 21% From Its 52-Week High. Time to Buy?

TheMotleyFool

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Foot Locker Is Down 21% From Its 52-Week High. Time to Buy?: https://g.foolcdn.com/editorial/images/712626/financial-graph-with-up-trend-line-candlestick-chart-in-stock-market.jpg

Foot Locker (NYSE: FL) has been a mall staple for decades. And like many mall-based retailers, the company has faced its share of challenges over the last few years: the growth of online shopping, the COVID-19 pandemic, and labor shortages, to name just a few.

However, the company has a new CEO, Mary Dillon, who is pledging to turn the company around. Can she do it? Let's take a closer look.

Image source: Getty Images.

Source Fool.com

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