Corporate and M&A

S&P upgrades its outlook for Foot Locker

2021-04-19T17:22:00

The st onger-than-expected performance of Foot Locker in the past financial year has led Standard & Poor’s to upgrade its outlook for the company from negative to stable, while affirming its BB+ issuer credit rating. Foot Locker’s leverage reached a range in the mid-1x; which was much better than the ...

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