Foot Locker’s Sales Spike Is Good News For Nike
PYMNTS
AUGUST 10, 2020
10) after Foot Locker reported an 18 percent spike in second-quarter comparable store sales, attributing the gains to pent-up demand and U.S. Morningstar Equity Analyst David Swartz told PYMNTS that Nike has a significant relationship with Foot Locker, so strong numbers from Foot Locker certainly bode well for the shoe maker.
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