Here's Why Foot Locker's Growth Could Speed Up Through Late 2021
Foot Locker's (NYSE: FL) shareholders have more reasons to feel good about their business. The footwear retailer said on Friday that all of the positive trends that lifted its first-quarter results carried through to the second quarter. Strong demand, low inventory levels, and a steady flood of innovative new product launches are combining to create the best selling environment Foot Locker has seen in years.
Management warned investors that the short-term outlook is unusually cloudy, but they also expressed optimism about continued growth in the second half of 2021 .
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Source Fool.com
