Despite operating in a turbulent market, including inflationary pressure on the consumer around the world, Foot Locker generated better-than-expected results and managed to surpass Wall Street expectations on all fronts. Due to strong brand consistency across the board and successful back-to-school marketing initiatives, Kids Foot Locker had mid-single-digit growth. Sales from WSS were $162 million for the quarter, with comps recovering from the second quarter's low single-digit decline. They al ....

01 Dec 2022
Foot Locker Inc: Extended Partnership With Puma & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Foot Locker Inc: Extended Partnership With Puma & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
- Published:
01 Dec 2022 -
Author:
Ishan Majumdar -
Pages:
27 -
Despite operating in a turbulent market, including inflationary pressure on the consumer around the world, Foot Locker generated better-than-expected results and managed to surpass Wall Street expectations on all fronts. Due to strong brand consistency across the board and successful back-to-school marketing initiatives, Kids Foot Locker had mid-single-digit growth. Sales from WSS were $162 million for the quarter, with comps recovering from the second quarter's low single-digit decline. They al ....