Can Foot Locker Chart a Consistent Growth Path?
Foot Locker (NYSE: FL) is a leading multibrand retailer of sports apparel. The company sells clothing, footwear, and kids' clothing from a variety of suppliers, including global names such as Nike (NYSE: NKE), adidas, Under Armour, and Puma.
Foot Locker has always promoted its wide range of available brands as a strong reason for shoppers to visit its stores. The company also champions "youth culture" and is investing in technology, brands, and platforms to engage the young in order to keep them coming back. However, can the company chart a consistent growth path? Or would investors be better off buying shares of Nike -- which owns its own stable of brands and has a design and manufacturing team -- instead?
Let's take a look at several characteristics of Foot Locker to determine whether it can sustain steady growth.
Source Fool.com
