Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback

Gap profits were 9 times higher and Foot Locker beat estimates — unlikely winners in Q1 retail earnings. But, this says more about the companies than consumers.

Jun 1, 2024 - 09:00
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Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback
Gap profits were 9 times higher and Foot Locker beat estimates — unlikely winners in Q1 retail earnings. But, this says more about the companies than consumers.