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 .

Let's take a closer look.

Source Fool.com