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FL has been in the news 848% more than usual

May 17, 2025, 2:32 AM
0.67%
What does FL do
Foot Locker, headquartered in New York City, operates 2,523 stores across 26 countries and employs 14,335 people, offering brands like Foot Locker and Champs Sports through omni-channel retailing. The company serves various markets, including North America, EMEA, and Asia Pacific, with services like buy online and pickup-in-store.
FL has been in the news recently: TD Cowen criticized Dick's Sporting Goods' $2.4 billion acquisition of Foot Locker as a "strategic mistake," downgrading shares and setting a lower price target. The acquisition aims to expand Dick's international presence and strengthen its position in the Nike sneaker market, giving it control over more than 3,200 stores.
📡️ Consumer Discretionary
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