Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Foot Locker Inc. > News item |
Moody's: Foot Locker unaffected
Moody's Investors Service said that Foot Locker's announcement of a new $400 million share repurchase authorization has no impact on the positive outlook or the Ba3 corporate family rating.
"We maintain a positive outlook on Foot Locker and upward rating pressure could build through margin improvements and continued same store sales growth," Moody's analyst Marko Semetko said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.