Another strong performer during the quarter was Foot Locker Inc. (FL, Financial) which climbed over 16 percent and added 38 basis points of return to the Fund. The athletic footwear and apparel retailer has posted continued earnings momentum with same-store sales growth of over almost 10 percent. The company has also been effective at passing on increasing costs to consumers.
From Keeley Funds’ 2012 annual report.
From Keeley Funds’ 2012 annual report.
