Foot Locker has a new CFO, earns praise from Moody’s

2021-03-25T18:05:00

Moody’s has confirmed Foot Locker’s positive Ba1 corporate family rating, in spite of Covid’s effects on its business, considering that its liquidity is very good. Other assets are its scale, geographic diversification and well-recognized brand names. Key risks are the chain’s narrow focus on the fashion-sensitive premium athletic footwear and ...

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