2023-08-31 16:59:00 ET
Shares of Foot Locker (NYSE: FL) were rising today in tandem with two fellow footwear stocks, Caleres (NYSE: CAL) and Genesco (NYSE: GCO) , which reported better-than-expected earnings reports today.
While there was no company-specific news out on Foot Locker, the gains at Caleres and Genesco seemed to signal a potential turnaround in the footwear retail sector after recent struggles.
Foot Locker stock closed up 5.8%, while Caleres gained 16% and Genseco jumped 17.6%.
For further details see:
Why Foot Locker Stock Was Gaining Today