U.S. Markets open in 8 hrs 49 mins

Foot Locker Earnings: Can It Get a Leg Up From Nike?

Foot Locker (FL) hasn't had a great year, but there are reasons for optimism ahead of its earnings report on Friday, argues Credit Suisse's Michael Binetti. Binetti reiterated an Outperform rating and $50 price target on the shares today, writing that he expects Foot Locker will be able to stick with its planned return to flat to slightly positive same-store sales in the second quarter.