Foot Locker's Q1 Earnings: 3 Big Takeaways
Foot Locker (NYSE: FL) is back to setting sales records. Its fiscal 2021 first quarter showed a huge spike over last year's pandemic-influenced period and also surpassed a strong 2019 performance.
And the retailing chain is generating stronger earnings and cash flow, thanks to consumers' robust demand for products in the premium athleisure niche.
Let's take a closer look at Foot Locker's latest growth metrics and find out why management is predicting fast sales growth -- and expanding profitability -- for the rest of 2021.
Source Fool.com
