It’s happening. Manny Pacquiao’s video with FOOT LOCKER (FL) busted out last night giving a dose of fun. Already, FL is my pet trade for Friday’s session with its earnings. I’ve positioned prior session on the back of solid track record on beating earnings estimates but this new .22 quarterly dividend further sweetens the deal! Can’t wait for opening bell!
With the fab “Week of Greatness” campaign being unveiled with the Thanksgiving Holiday next week. as well as the Christmas season on the way, it’s definitely a stock worth getting excited about.
QUICK UPDATE : Foot Locker soared at pre-market but declined steadily during the session. At first I thought it is just normal volatility but it just went badly. This is why position sizing should always be a part of your game plan. When the Stop is hit, get out quick!
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Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.22 per share, which will be payable on January 30, 2015 to shareholders of record on January 16, 2015.
Foot Locker, Inc. is a specialty athletic retailer that as of November 1, 2014 operated 3,474 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point, and Sidestep retail stores, as well as its direct-to-customer channels, including footlocker.com, Eastbay.com, and SIX02.com, the Company is a leading provider of athletic footwear and apparel.
