Diamonds and Dogs

8/20/21

Foot Locker (FL) reports strong earnings. The athletic-shoe retailer easily beat expectations as sales rose 9% to $2.27 billion. Foot Locker saw strong demand for women's and kids' footwear while apparel and accessories also performed well.

Profit-taking in Deere & Co (DE).  The largest maker of agricultural machinery fell 2% following strong earnings, but rising costs and supply chain snags that will intensify going into next year has investors hitting the sell button.

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