Why Foot Locker Stock Was Gaining Today
Shares of Foot Locker (NYSE: FL) were rising today in tandem with two fellow footwear stocks, Caleres (NYSE: CAL) and Genesco (NYSE: GCO), which reported better-than-expected earnings reports today.
While there was no company-specific news out on Foot Locker, the gains at Caleres and Genesco seemed to signal a potential turnaround in the footwear retail sector after recent struggles.
Foot Locker stock closed up 5.8%, while Caleres gained 16% and Genseco jumped 17.6%.
Source Fool.com
Caleres Inc. Stock
€35.80
2.290%
The community is currently still undecided about Caleres Inc. with 1 Buy predictions and 0 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 14.53% for Caleres Inc. compared to the current price of 35.8 €.