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Nikolas Gabriels
@nikgab · Aug 23

Foot Locker $FL results are pretty poor, I really didn't expect this. In addition, the company has suspended dividend payments, ostensibly to allow more flexibility for strategic investments. What do you think? Is FL in trouble or is this a buying opportunity?

A community member's personal view, not investment advice. Community Guidelines

RR
Rickie Reeve @rickiereeve Aug 23

Hands off, and I'm going to avoid it with a wide arc. 😁

SJ
Steve James @stevejames Aug 23

It's stupid to invest there now, the drop is decent, but the results are miserable.

MD
Monday Dayton @mondaydayton Aug 23

I don't know them much either, I don't shop there either, rather what also dropped today is Nike under $100 and that might be worth considering.

NG
Nikolas Gabriels @nikgab Aug 23

It depends on what is the reason for the decline at Nike. They're not doing well this year, but somehow I haven't looked into it.

BG
Barrett Gardener @justbarrett Aug 23

I don't know Foot locker as a stock, but I looked at it as a store when I wanted to place an order, after reading x negative reviews I was steering away from them. And then unfortunately, if I as a customer am put off or not interested in their product/service, I have no desire or motivation to look at a stock at all.

NG
Nikolas Gabriels @nikgab Aug 23

I've never shopped there in my life😀 It's not even that well known a company to me, but I know it was addressed here once, so I'm interested in opinions.

RB
Ralphie Barlow @ralphiebarlow Aug 23

After the results I've read in Flash news, I probably wouldn't buy it :D

NG
Nikolas Gabriels @nikgab Aug 23

Let's see, maybe they're really planning some investments. Then it might make sense. But at the moment, it's so much about watching, not investing.

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