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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%.

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Source Fool.com

Caleres Inc. Stock

€35.80
2.290%
Caleres Inc. gained 2.290% today.
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 €.
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