Foot Locker stock plunges, Abercrombie & Fitch soars on earnings

Investors are hearing from more specialty retailers. Shares of Foot Locker (FL) plunged in early trading after reporting a nearly 10% year-over-year drop in revenue and slashing its guidance. It's a different story for Abercrombie & Fitch (ANF), which reported quarterly results that crushed analyst estimates. Yahoo Finance Live breaks down what these retail earnings say about the state of the consumer.