Foot Locker - FL . NYSE
Company website: https://www.footlocker-inc.com/
Morningstar: Current stock price & financial data
This is what I thought in May 2020 when I first bought the stock...
Foot Locker is a large, well-known mall-based retailer of athletic footwear with a global footprint and a stable of iconic retail brands. They had a respectable long-term track record, a strong balance sheet and had held up better than many retailers during the industry weakness of the preceding several years. Because of fears over the coronavirus and its effect on the retail landscape, I was able to pick up this high-quality name at a share price just under $27 for 5 times recent earnings.
What's changed since I made my first purchase of this stock? Follow the ongoing story in the posts below...
Mentioned / Featured in the Following Blog Posts
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Portfolio Review – March 2022 March 12, 2022
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Portfolio Review – October 2021 October 6, 2021
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Portfolio Update: Sold Genesco September 20, 2021
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Portfolio Review – March 2021 March 31, 2021
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Portfolio Review – Year End 2020 January 4, 2021
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Portfolio Review – October 2020 October 4, 2020
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Portfolio Review – June 2020 May 29, 2020