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Why Foot Locker Stock Popped Today

TheMotleyFool 
0 0 19.11.22
Why Foot Locker Stock Popped TodayPhoto, wide shot, wide-angle lens, Online marketplace, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/27d484d8-d1b1-4519-9797-b5dcaa68d4e2.png
 

Shares of Foot Locker (NYSE: FL) popped today after the sneaker retailer posted better-than-expected results in its third-quarter earnings report and raised its guidance.

The stock closed up 8.7% on the news after trading up as much as 18% on Friday morning. 

Comparable sales ticked up 0.8% in the quarter, and overall revenue slipped by 0.7% to $2.17 billion, but that was better than estimates of $2.09 billion.

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Source Fool.com

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