This Shoe Store Company Has A Better One-Year Return Than Amazon, Apple, Disney, Microsoft, Netflix, PayPal and Tesla

Foot Locker, Inc. FL always reminds me of simpler times, such as scouring the local mall for the hottest pair of new sneakers while eating a jumbo pretzel from the food court.

Surprisingly, the company’s stock has been on a tear, trading up more than 90% in the last year. 

Since August 2020, Foot Locker stock’s one-year return has outpaced tech giants Apple Inc AAPL, Netflix Inc NFLX, Amazon.com, Inc. AMZN, Tesla Inc TSLA, Microsoft Corporation MSFT, PayPal Holdings Inc PYPL and Tesla Inc. TSLA. 

Foot Locker now has more than 3,000 retail stores in 27 different countries across the world. The stock is currently trading around $53 a share as of Thursday.

Here’s how the returns break down from August 2020 to present: 
Amazon is down from $3,260.48 a share to $3,219.20 for a loss of 1.26% 
Netflix is up from $484.53 a share to $540.80 for a return of 11.61% 
Apple is up from $115.71 a share to $146.47 for a return of 26.58%
Disney is up from $127.77 a share to $173.01 for a return of 35.44%
Microsoft is up from $209.70 a share to $292.82 for a return of 39.64%
Paypal is up from $192.44 a share to $269.75 for a return of 40.17% 
Tesla is up from $375.71 a share to $676.89 for a return of 80.19% 
And finally … Foot Locker is up from $27.50 a share to $53.39 for a return of 94.15%

Photo Credit: Bruce Emmerling via Pixabay