Moody’s Maintains Foot Locker’s Ba1 Rating
The ratings agency maintained Big Foot’s Ba1 corporate family rating after a periodic review, noting the retailer’s solid credit metrics, low debt levels and very good liquidity. Other plusses include its scale and geographic diversification. While FL’s assortment of strong brands is a positive, Moody’s noted that the fashion-sensitive premium athletic ... Log in to view full article.
