Though Foot Locker (FL) edged lower following last week's FQ4 report (I, II), Canaccord is...

|About: Foot Locker, Inc. (FL)|By:, SA News Editor

Though Foot Locker (FL) edged lower following last week's FQ4 report (I, II), Canaccord is pounding the table following the company's annual investor meeting. The firm expects gross margin expansion to drive shares higher over the next 18-24 months, and also expects same-store sales growth and dividends/buybacks to give the company a lift. (also)