On Thursday, Foot Locker (NYSE: FL) showed its turnaround plan is working as it posted better-than-expected comparable sales, with shares surging 15% upon the release of its May quarter report. Although the footwear retailer is still in the black, its financials are declining at a slower rate.
Shares of American Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday’s session following first-quarter results. American Eagle Outfitters reported…