Foot Locker’s Shares Pop As Q1 Shows Some Recovery

Shares of Foot Locker Inc. jumped 20.2 percent on Friday after the sneaker leader reported first-quarter blasted past Wall Street’s targets. Management credited the arrival of more on-trend footwear styles from top vendors. But the makeup is changing, led by a resurgence for Nike with  many of styles as well as strength in Vans and Fila, offsetting some softening at Adidas, Puma and Converse.

Hibbett Remains Optimistic As Digital Initiatives Ramp Up

The leadership team at Hibbett Sports Inc. fully understands that the company is far behind competitors’ digital investments, but the company is making concerted efforts to catch up, and digital progress showed up in Hibbett’s first-quarter earnings.

All Brands Deliver For Deckers In Q4 But Ugg Stands Out

Revenue growth across the Deckers Brands portfolio—Ugg, Hoka One One, Teva and Sanuk—allowed the Goleta, CA-based footwear company to close fiscal 2018 on a “high note,” said President and CEO Dave Powers.

Athleta Again Delivers Double-Digit Growth For Gap Inc.

“I believe that this gem in our portfolio, which is becoming a very nicely sized gem, remains underappreciated,” said Art Peck, Gap Inc’s president and CEO, of Athleta on a conference call with analysts.


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