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Wed, 27 Mar 2024
10:45:00 +0000
FOOT LOCKER, INC. TO PRESENT AT THE J.P. MORGAN 10TH ANNUAL RETAIL ROUND UP CONFERENCE
Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President and Chief Executive Officer, and Mike Baughn, Executive Vice President and Chief Financial Officer, will present at the J.P. Morgan 10th Annual Retail Round Up Conference on Wednesday, April 3rd at 10:00 a.m. ET.
Mon, 25 Mar 2024
13:44:52 +0000
Tesla downgraded, Disney upgraded: Wall Street's top analyst calls
Tesla downgraded, Disney upgraded: Wall Street's top analyst calls
Fri, 22 Mar 2024
14:19:17 +0000
Citi upgrades Foot Locker to Neutral over wholesale emphasis
Foot Locker (FL) shares are trading higher on Friday after receiving an upgrade from Citi analysts. The firm has raised its rating on the company from Sell to Neutral, stating that the retailer's shift in focus from digital channels to wholesale channels could benefit the stock. In addition to the rating upgrade, Citi has also increased its price target on Foot Locker from $19 to $24 per share. Yahoo Finance's Jared Blikre and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Fri, 22 Mar 2024
13:41:59 +0000
Best Buy upgraded, Nike downgraded: Wall Street's top analyst calls
Best Buy upgraded, Nike downgraded: Wall Street's top analyst calls
Wed, 13 Mar 2024
12:00:00 +0000
FOOT LOCKER, INC. NAMES CINDY CARLISLE CHIEF HUMAN RESOURCES OFFICER
Foot Locker, Inc. (NYSE: FL) today announced that Cindy Carlisle has assumed the role of Executive Vice President and Chief Human Resources Officer.
Tue, 12 Mar 2024
18:30:41 +0000
There Are Reasons To Feel Uneasy About Foot Locker's (NYSE:FL) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Mon, 11 Mar 2024
13:57:02 +0000
Disney initiated, Foot Locker upgraded: Wall Street's top analyst calls
Disney initiated, Foot Locker upgraded: Wall Street's top analyst calls
Sun, 10 Mar 2024
12:30:04 +0000
Resilient US shoppers are driving divergent fortunes for retail stocks
The winners and losers in retail are becoming very clear with continued strength in consumer spending.
Fri, 08 Mar 2024
19:37:13 +0000
Foot Locker's Evolution Will Take More Time Than Expected
Foot Locker (NYSE: FL) shares tanked almost 30% on Wednesday as the shoe chain posted a holiday loss and delayed the realization of its key profitability goal, while it works on becoming less reliant on Nike Inc (NYSE: NKE). Despite its successful diversification beyond Nike, the two are still deeply connected as Nike remains its biggest vendor. Fourth Fiscal Quarter Highlights For the quarter ended on $2.38 billion February 3rd, Foot Locker recorded sales rose almost 2% YoY to $2.38 billion, to
Fri, 08 Mar 2024
16:21:22 +0000
Why Foot Locker Stock Slumped This Week
The retailer reported declining sales and weaker profit margins for the holiday quarter.
Fri, 08 Mar 2024
11:59:00 +0000
The Weekly Closeout: BowFlex files for Chapter 11, Public Lands partners with Saucony
The at-home fitness company has a $37.5 million buyout offer, and the Dick’s Sporting Goods banner teamed up with the footwear brand on running shoes.
Thu, 07 Mar 2024
18:19:06 +0000
Foot Locker Inc (FL) Reports Mixed Fourth Quarter Results and Provides 2024 Outlook
Despite Challenges, Foot Locker Inc (FL) Anticipates Positive Growth and EBIT Margin Expansion in 2024
Thu, 07 Mar 2024
17:23:00 +0000
Foot Locker's (FL) Q4 Earnings Top Estimates, Sales Increase
Foot Locker (FL) posts higher sales in fourth-quarter fiscal 2023. However, earnings decline from the year-ago quarter's figure.
Thu, 07 Mar 2024
16:16:36 +0000
Foot Locker, Inc. (NYSE:FL) Q4 2023 Earnings Call Transcript
Foot Locker, Inc. (NYSE:FL) Q4 2023 Earnings Call Transcript March 6, 2024 Foot Locker, Inc. beats earnings expectations. Reported EPS is $0.38, expectations were $0.34. Foot Locker, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome […]
Thu, 07 Mar 2024
14:53:01 +0000
Micron upgraded, Foot Locker downgraded: Wall Street's top analyst calls
Micron upgraded, Foot Locker downgraded: Wall Street's top analyst calls
Thu, 07 Mar 2024
01:02:17 +0000
Why Foot Locker Stock Plunged Today
Foot Locker just pushed back a key margin milestone by two years.
Wed, 06 Mar 2024
21:55:52 +0000
Can Running Brands Like Hoka and On Help Foot Locker Get Back on Track as It Recalibrates Nike Relationship?
Foot Locker hasn't yet been privy to the powerful byproducts of a booming running market.
Wed, 06 Mar 2024
21:06:52 +0000
Foot Locker stock plunges after issuing disappointing outlook
Shares of Foot Locker (FL) plummeted 30% after issuing full-year guidance that fell short of Street estimates. The athletic-shoe retailer also announced it was going to take longer to reach the financial goals set as part of its "Lace Up" growth plan. Yahoo Finance's Julie Hyman and Josh Lipton discuss the stock's moves. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich
Wed, 06 Mar 2024
18:36:00 +0000
Foot Locker Stock Tumbles 31%. Don’t Blame Earnings.
Athletic-footwear retailer Foot Locker posted a strong fourth quarter, but said its plan for sustainable growth was now delayed two years.
Wed, 06 Mar 2024
16:45:45 +0000
The improvements Foot Locker needs for a turnaround
Shares of Foot Locker (FL) are trading lower as the company posted its fourth quarter report. Despite beating expectations on the top and bottom lines, the footwear retailer offered weaker forecasts for full-year guidance, pushing back financial targets set by its CEO last year. BTIG Consumer Retail and Lifestyle Brands Analyst Janine Stichter and Wedbush Securities Senior Equity Research Analyst Tom Nikic join Yahoo Finance to discuss Foot Locker's performance and future operations plans. Stichter puts the company's performance into perspective: "I think it's all in the context of the go-forward outlook. For some perspective here, this is a stock that rose significantly into earnings, from a valuation standpoint was trading well above historical averages, so you had high expectations into the print. And I think they met that for Q4, but the challenge is really the go-forward outlook which came in significantly below consensus, and when you break it down with the color they gave on the call, a lot of that improvement that they're expecting is really in the back half of 2024, so we're not getting any immediate improvement. The first half of the year numbers need to come down." While Nikic explains that trimming inventory could be a vital move, Nikic also speaks to the benefit of store closures: "As far as underperforming stores go, this company has been a net store closer for as long as I can remember. I think every year since 2007, I believe, if you don't include acquisitions they've made, they've been a net closer of stores. So they're continually improving the store fleet and saying we want to be a little bit more prudent with the size of the store fleet and having fewer, but bigger and more productive, stores. It's the right thing to do, but it does cause some near-term pain. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino



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