Foot Locker stock earlier hit its highest level since March
Investors are looking ahead to retail sales data for July, which is due out later this week. As Wall Street attempts to shake off recent volatility, now seems like an appropriate time to check back in with retailers Chewy Inc (NYSE:CHWY), Foot Locker Inc (NYSE:FL), and Kohl’s Corp (NYSE:KSS).
CHWY is up 1% to trade at $24.05 at last glance, bouncing off a pullback to the $20 level but still falling short of the 20-day moving average, despite now being on track for a third-straight daily gain. While Chewy stock added 48.9% during the last three months, it still carries a 22.4% year-over-year deficit.
FL was last seen 1.1% higher to trade at $30.84, and earlier hit its highest level since early March, though it is yet to close the bear gap that knocked it off this year’s highs. The equity is on track for its sixth consecutive daily gain and added more than 54% over the past nine months.
KSS is not faring as well as its peers, down 2.8% to trade at $19.64 at last check. Shares are bouncing off an Aug. 5, 2024 low of $18.54, but still carry a 29.4% year-over-year deficit, far off this year’s April 1 peak of $29.60.