Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Foot Locker
So what: Foot Locker blew past all estimates propelled by same-store sales, which were up 12.8% in the quarter. Revenue came in at $1.45 billion and earnings per share of $0.60 easily topped the $0.44 analysts expected.
Now what: This is one of the few happy retail stories we have today, with Gap
Interested in more info on Foot Locker? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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