Goldman Sachs Highlights Foot Locker's Digital Rebound And Costco's New Membership Crackdown
COSTCostco(COST) Benzinga·2024-08-27 01:43

Goldman Sachs analyst Kate McShane provided an update on digital trends at Foot Locker, Inc. FL and new card-scanning rules at Costco Wholesale Corporation COST.Foot Locker: The analyst says that Goldman Sachs’ analysis following the re-launch of the FLX rewards program in June 2024 shows that monthly app downloads in July 2024 reached 191K, up from 121K in June 2024 and 167K in July 2023 but below the monthly average of 218K since January 2019.McShane writes that app downloads turned positive in June 2024 ...