We Are Removing Foot Locker (FL) from Investing Ideas

12/06/18 01:10PM EST

Below is a brief note from Hedgeye CEO Keith McCullough:

Now that we’ve had 3 excellent selling opportunities (since September) and markets are Quad 4 red (again) today, I’ll take off one short that hasn’t been performing to our standards as of late. Easier to ride winners. 

**There is no change to our Retail analyst Brian McGough's fundamental short thesis on Foot Locker (FL).

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.