Foot Locker to buy 2 shoe store chains for $1.1B [FOX Business Network]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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footlocker-inc.com/investors.cfm?page=investor-relations
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Source: FOX Business Network
Foot Locker Inc will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia. Ticker Security Last Change Change % FL FOOT LOCKER, INC. Powered By The company is buying California-based WSS for $750 million and Japanese streetwear retailer Atmos for $360 million, it said in separate statements. SQUARE AGREES TO ACQUIRE AFTERPAY FOR $29 BILLION IN ALL-STOCK DEAL Pent-up demand for sneakers and athletic gear from U.S. shoppers, as well as government stimulus have boosted Foot Locker's sales this year, but the company has said it was looking to focus beyond malls whose traffic has been pressured by the pandemic and a surge in online shopping. WSS has a fleet of 93 off-mall stores across California, Texas, Arizona and Nevada, and has a largely Hispanic consumer base which Foot Locker is looking to tap into. Atmos, which has most
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News
- Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence [MSNBC.com]MSNBC.com
- Inside Foot Locker's ‘Store of the Future' Model Guiding the Chain's New Retail Identity [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPT [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPTPR Newswire
- Why JD Sports' Hibbett Acquisition Could Present Fresh Challenges for Foot Locker [Yahoo! Finance]Yahoo! Finance
FL
Earnings
- 3/6/24 - Beat
FL
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- FL's page on the SEC website