How Nike weakness led to a sour quarter for Foot Locker
- Shares of Foot Locker (FL) are falling on Wednesday as slowing consumer demand and an elevated promotional environment weigh on sales and gross margin expansion. Wealth's Brad Smith speaks to Cristina Fernandez, managing director and senior research analyst at the Telsey Advisory Group, about her key takeaways from these results.
- 12/04/2024
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Chart of the Day: Foot Locker
- Foot Locker down 6% on an earnings miss. It's our Chart of the Day.
- 12/04/2024
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Foot Locker Q3 Earnings Miss Expectations, 2024 View Down
- FL posts Q3 earnings growth, but revenues fall short, leading to a lowered fiscal 2024 outlook due to softer demand and a more promotional environment.
- 12/04/2024
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Foot Locker shares sink after weak quarterly results
- Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total sales for the quarter slipped 1.4% to $1.96 billion.
- 12/04/2024
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Foot Locker Q3: No Recovery In Sight
- Foot Locker, Inc.'s Q3 performance missed expectations with a turnaround failing to materialize, and the lowered FY2024 guidance suggests similar trends in Q4. The company's Lace Up Plan hasn't yielded wanted results despite notable store footprint rationalization, as Foot Locker's retail brands and Nike sales are weakening. Despite the stock's crash, I estimate FL stock's valuation to remain too high due to the poor outlook. I estimate 37% downside to a fair value of $12.56.
- 12/04/2024
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Foot Locker, Inc. (FL) Q3 2024 Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL ) Q3 2024 Earnings Call Transcript December 4, 2024 9:00 AM ET Company Participants Robert Higginbotham - SVP, Corporate Finance, Investor Relations & Treasurer Mary Dillon - President & Chief Executive Officer Frank Bracken - Executive Vice President & Chief Commercial Officer Mike Baughn - Executive Vice President & Chief Financial Officer Conference Call Participants Tom Nikic - Needham Michael Binetti - Evercore ISI Janine Stichter - BTIG Kelly Crago - Citi Cristina Fernandez - Telsey Advisory Group Eric Cohen - Gordon Haskett Operator Good morning, and welcome to Foot Locker's Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
- 12/04/2024
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Foot Locker shares plunge 14% on soft holiday demand — especially for Nike products
- Foot Locker's CEO blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the industry.
- 12/04/2024
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Foot Locker Stock Stumbles on Surprise Loss, Slashed Guidance
- Foot Locker (FL) shares tumbled after the company posted an unexpected third-quarter loss and cut its full-year outlook before the market opened Wednesday.
- 12/04/2024
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Compared to Estimates, Foot Locker (FL) Q3 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Foot Locker (FL) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 12/04/2024
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Foot Locker stock drops 20% on Nike concerns
- Foot Locker Inc (NYSE: FL) cited “softness” at Nike as it reported disappointing results for its third financial quarter on Wednesday. Nike is currently the retailer's largest brand partner, representing about 60% of its sales.
- 12/04/2024
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Foot Locker Is Doing All the Right Things, Stichter Says
- Foot Locker cut its full-year sales and profit forecasts ahead of the holidays. Janine Stichter, BTIG managing director, consumer retail and lifestyle brands, says the sneaker seller is doing lots of things right, but it's suffering because demand for Nike shoes has been weak.
- 12/04/2024
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Foot Locker (FL) Misses Q3 Earnings and Revenue Estimates
- Foot Locker (FL) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.30 per share a year ago.
- 12/04/2024
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Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks
- Foot Locker, Inc FL stock tumbled in the premarket session on Tuesday. The company reported a third-quarter adjusted EPS of $0.33, missing the analyst consensus estimate of $0.41.
- 12/04/2024
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Foot Locker Posts Downbeat Results, Joins Couchbase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
- U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Wednesday.
- 12/04/2024
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Why Foot Locker's stock is sliding despite upbeat Thanksgiving-week sales
- The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.
- 12/04/2024
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Foot Locker Stock Trades Sharply Lower After Earnings. What We Know.
- The shoe retailer offers investors a shopping bag of disappointments in its latest quarter.
- 12/04/2024
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Foot Locker issues gloomy holiday outlook, blames soft consumer demand
- Foot Locker is feeling the holiday blues after seeing weak consumer demand and steep promotions across the sneaker marketplace. The company fell short of Wall Street's expectations on the top and bottom lines and cut its full-year guidance.
- 12/04/2024
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FOOT LOCKER, INC. REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS; UPDATES 2024 OUTLOOK
- Total Sales Down 1.4% Year-over-Year and Comparable Sales Up 2.4% Gross Margin Expansion of 230 Basis Points Year-over-Year Loss of $0.34 per Share and Non-GAAP Earnings of $0.33 per Share Inventory Decreased 6.3% Year-over-Year Updating Full-Year Sales and Non-GAAP EPS Outlook NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today reported financial results for its third quarter ended November 2, 2024. Mary Dillon, President and Chief Executive Officer, said, "Our team's continued focus on execution drove positive comparable sales trends and meaningful gross margin expansion in the quarter.
- 12/04/2024
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Foot Locker Reportedly Expanding Home Court Collaboration With Nike
- Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. The expansion is part of an effort by the sports apparel retailer and the sneaker giant to fix their damaged relationship, Bloomberg News reported Tuesday (Dec. 3).
- 12/03/2024
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Foot Locker (FL) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
- Besides Wall Street's top -and-bottom-line estimates for Foot Locker (FL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
- 11/28/2024
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Foot Locker (FL) Reports Next Week: Wall Street Expects Earnings Growth
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/27/2024
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Foot Locker To Gain From Strengthened Partnership With Nike: Analyst Forecasts Earnings Recovery Next Year
- Needham analyst Tom Nikic initiated coverage on Foot Locker, Inc. FL with a Buy rating and a price forecast of $27.
- 11/22/2024
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Foot Locker Unveils Star-Studded Holiday Campaign Featuring Anthony Edwards, LaMelo Ball and Coi Leray
- 'Step Into Your Gift' highlights top styles from Nike, adidas, New Balance, PUMA, UGG, and more NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Foot Locker (NYSE: FL) today unveiled its 2024 multi-brand holiday campaign, Step Into Your Gift, just in time for the season of gifting. Featuring a star-studded lineup, the campaign highlights NBA athletes Anthony Edwards (adidas) and LaMelo Ball (PUMA), Grammy-nominated artist Coi Leray (adidas), and leading style influencers alongside Foot Locker's iconic Stripers.
- 11/13/2024
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FL or PPRUY: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Foot Locker (FL) or Kering SA (PPRUY). But which of these two stocks offers value investors a better bang for their buck right now?
- 11/12/2024
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Are Investors Undervaluing Foot Locker (FL) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/12/2024
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FOOT LOCKER, INC. TO REPORT THIRD QUARTER FINANCIAL RESULTS ON WEDNESDAY, DECEMBER 4
- NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) plans to report financial results for its third quarter ended November 2, 2024, before the U.S. markets open on Wednesday, December 4, 2024. A conference call is scheduled for the same day at 9:00 a.m.
- 11/06/2024
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Foot Locker Introduces New Storefronts Creator Platform Powered by impact.com
- NEW YORK--(BUSINESS WIRE)--impact.com, the world's leading partnership management platform, today announced its powering of Foot Locker Storefronts, a platform that enables qualified influencers and content creators to work with the Foot Locker brand, a global leader in footwear and apparel retail as well as sneaker culture. The platform will allow qualified content creators and Foot Locker to work in tandem to engage with new and existing sneaker fanatics by offering a customized digital store.
- 10/17/2024
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Cramer's Mad Dash: Foot Locker
- CNBC's Jim Cramer delivers his daily Mad Dash.
- 10/07/2024
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Foot Locker Inc (FL) Trading Down 3.8% on Oct 2
- Shares of Foot Locker Inc (FL, Financial) fell 3.80% in mid-day trading on Oct 2. The stock reached an intraday low of $24.10, before recovering slightly to $24.17, down from its previous close of $25.12.
- 10/02/2024
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Cramer's Stop Trading: Foot Locker
- CNBC's Jim Cramer explains why he is keeping an eye on shares of Foot Locker.
- 10/02/2024
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FL Stock Looks Attractive With P/S Multiple of 0.29X: How to Play It?
- Foot Locker's focus on enhancing customer experience and adapting to market challenges positions it for long-term growth.
- 10/01/2024
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Foot Locker: Big Bets With Nike And Adidas Means 18.8% Upside
- Foot Locker's stock has dropped 66.85% since 2016, largely due to the shift towards online shopping accelerated by COVID-19. The company is partnering with major brands like Nike and Adidas to release exclusive collections and launching a new mobile app to attract customers. Foot Locker's valuation is currently at a discount, presenting a potential upside of 18.80% if it converges with the sector median forward P/E ratio.
- 09/28/2024
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Why Is Foot Locker (FL) Down 15.9% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?
- 09/27/2024
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FL Stock Trades Above 200 & 100-Day SMA: What's Next for Investors?
- Foot Locker experiences strong momentum while pursuing international expansion. The relaunch of the FLX loyalty program is enhancing customer engagement.
- 09/24/2024
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How Foot Locker is waging a comeback after its breakup with Nike
- Foot Locker celebrated its 50th anniversary this month and is looking to ensure that it will survive in the decades to come. CEO Mary Dillon and other C-suite executives spoke with CNBC about the strategies that are working and how its new stores are improving sales.
- 09/23/2024
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Foot Locker CEO Mary Dillon: We can expand sneaker culture
- Foot Locker President and CEO Mary Dillon joins 'Mad Money' host Jim Cramer to talk Foot Locker's 50th anniversary, its new NYC flagship store, utilizing new tech in stores for fittings and more.
- 09/13/2024
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Foot Locker Celebrates 50 Years of Sneaker Leadership with Exclusive Collection and Celebration Throughout September
- Global retailer marks five decades with limited-edition releases and engaging events NEW YORK , Sept. 5, 2024 /PRNewswire/ -- Foot Locker (NYSE: FL) proudly announces a month-long celebration of its 50th anniversary this September, featuring a series of events and the launch of a limited-edition sneaker and apparel collection in collaboration with Nike, adidas, New Balance, PUMA, and Converse.
- 09/05/2024
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Foot Locker Stock Still Holds Upside for Savvy Investors
- Markets have been so focused on earnings from the technology sector this quarter that they have completely let other companies fly by right under their noses. Stocks in the consumer discretionary sector might be falling out of favor as the U.S. consumer struggles with inflation and rising credit card delinquencies, but they have recently found reason to stay positive, judging by the uptick in consumer confidence.
- 08/29/2024
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Foot Locker: Q2 2024 Was Encouraging, But The Stock Discounts Most Improvements
- Foot Locker's Q2 2024 results showed positive comparable sales and improved margins, but the stock dropped 10% due to high market expectations. Despite positive comparables, SG&A deleveraging and heavy investments raise concerns about Foot Locker's ability to return to pre-pandemic profitability. The company's valuation appears optimistic, already pricing in a recovery to historical margins, making the stock unattractive at current levels.
- 08/29/2024
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Foot Locker's Strategic Overhaul Shows Early Success in Q2
- In a pivotal moment for Foot Locker, the company's second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. With a 2.
- 08/28/2024
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Another exit: Foot Locker to relocate headquarters from New York to Florida
- Foot Locker is relocating its headquarters to Florida, the footwear retailer announced on Wednesday. Its corporate presence in New York City will be "limited" in the future.
- 08/28/2024
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FOOT LOCKER, INC. TO PRESENT AT THE GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE
- NEW YORK , Aug. 28, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), today announced that Mary Dillon, President and Chief Executive Officer, Frank Bracken, Executive Vice President and Chief Commercial Officer, and Mike Baughn, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference on Wednesday, September 4 at 2:35 p.m. ET. The event will be webcast and can be accessed live at Foot Locker Inc.'s Investor Relations website at investors.footlocker-inc.com.
- 08/28/2024
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Foot Locker's Enhanced Product Offerings Boost Sales, But Analyst Warns of H2 Challenges
- Foot Locker, Inc. FL shares are diving today after it released second-quarter results.
- 08/28/2024
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Why Foot Locker Stock Is Sinking Again Today
- Foot Locker's sales and earnings in Q2 beat Wall Street's expectations. The company's earnings guidance range also beat the average analyst estimate.
- 08/28/2024
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Nasdaq Down Over 1%; Foot Locker Shares Tumble After Q2 Results
- U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 1% on Wednesday.
- 08/28/2024
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Foot Locker, Inc. (FL) Q2 2024 Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL ) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Mary Dillon - President, Chief Executive Officer Frank Bracken - Executive Vice President, Chief Commercial Officer Mike Baughn - Executive Vice President, Chief Financial Officer Robert Higginbotham - Senior Vice President, Financial Planning & Analysis, Investor Relations, Treasurer Conference Call Participants Janine Stichter - BTIG Alex Conway - Baird Adrienne Yih - Barclays Paul Lejuez - Citi Michael Binetti - Evercore ISI Anna Andreeva - Piper Sandler Operator Good morning! And welcome to Foot Locker's Second Quarter 2024 Financial Results Conference Call.
- 08/28/2024
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Foot Locker Stock Tripped Up By Tepid Results and Store Closures
- Foot Locker (FL) shares took a dive Wednesday after the company's second-quarter results underwhelmed investors.
- 08/28/2024
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Foot Locker Q2 Loss Narrower Than Expected, Margin View Down
- FL Q2 revenues beat estimates. Comparable sales increase 2.6% year over year, driven by 5.2% comps growth in global Foot Locker and Kids Foot Locker sales.
- 08/28/2024
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Compared to Estimates, Foot Locker (FL) Q2 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Foot Locker (FL) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/28/2024
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2 Retail Stocks Gapping Lower After Earnings
- Shares of Abercrombie & Fitch Co (NYSE:ANF) and Foot Locker Inc (NYSE:FL) are gapping lower after the retailers' respective second-quarter earnings reports.
- 08/28/2024
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Foot Locker (FL) Reports Q2 Loss, Tops Revenue Estimates
- Foot Locker (FL) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.04 per share a year ago.
- 08/28/2024
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Foot Locker Posts Narrower-Than-Expected Loss but Stock Falls on Store Closures
- Foot Locker reports a second-quarter adjusted loss of 5 cents a share, narrower than estimates that called for a loss of 7 cents.
- 08/28/2024
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Foot Locker posts comparable sales growth for the first time in six quarters
- Foot Locker beat Wall Street's estimates on the top and bottom lines as it posted comparable sales growth for the first time in six quarters. The sneaker company also saw its gross margin expand for the first time in more than two years.
- 08/28/2024
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FOOT LOCKER, INC. REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK; ANNOUNCES STRATEGIC UPDATES IN SUPPORT OF LACE UP PLAN
- Returned to Topline Growth with Total Sales Up 1.9% and Comparable Sales Up 2.6% Achieved Gross Margin Expansion of 50 Basis Points Year-over-Year Loss of $0.13 per Share and Non-GAAP Loss of $0.05 per Share Inventory Decreased 10.0% Year-over-Year Reaffirms Full-Year 2024 Non-GAAP EPS Outlook Further Streamlining International Operations and Optimizing Corporate Office Footprint NEW YORK , Aug. 28, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended August 3, 2024. Mary Dillon, President and Chief Executive Officer, said, "The Lace Up Plan is working, as evidenced by our return to positive total and comparable sales growth as well as gross margin expansion in the second quarter.
- 08/28/2024
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Foot Locker's second-largest shareholder has been selling stock ahead of earnings
- Foot Locker Inc.'s second-largest shareholder has trimmed its stake by more than 9%, just days before the athletic shoe and apparel retailer is set to report second-fiscal-quarter results.
- 08/27/2024
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Goldman Sachs Highlights Foot Locker's Digital Rebound And Costco's New Membership Crackdown
- 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.
- 08/26/2024
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Will Foot Locker (FL) Beat Estimates Again in Its Next Earnings Report?
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 08/23/2024
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Unveiling Foot Locker (FL) Q2 Outlook: Wall Street Estimates for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Foot Locker (FL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
- 08/23/2024
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Earnings Preview: Foot Locker (FL) Q2 Earnings Expected to Decline
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 08/21/2024
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3 Retail Stocks to Monitor Ahead of Economic Data
- Investors are looking ahead to retail sales data for July, which is due out later this week.
- 08/12/2024
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3 Promising Fitness Stocks to Power Up Your Portfolio
- An increasing awareness of the health benefits of staying active has catapulted fitness stocks into the spotlight. In the era of technological advancements and evolving consumer preferences, fitness companies are innovating to stay ahead of the curve.
- 08/09/2024
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FOOT LOCKER, INC. TO REPORT SECOND QUARTER FINANCIAL RESULTS ON WEDNESDAY, AUGUST 28
- NEW YORK , July 31, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended August 3, 2024, before the U.S. markets open on Wednesday, August 28, 2024. A conference call is scheduled for the same day at 9:00 a.m.
- 07/31/2024
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Is It Time to Step Back into This Retailer's Stock?
- Foot Locker Inc. NYSE: FL is a footwear and apparel retailer operating under its flagship Foot Locker, Kids Foot Locker, Champs Sports, WSS, and Atmos brands. The company operates over 2,600 stores worldwide across North America, Asia, Europe, Australia and New Zealand.
- 07/17/2024
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Why Foot Locker (FL) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 07/12/2024
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3 Retail Stocks to Consider
- Retail stocks are in focus today, as investors await to unpack the Federal Reserve's preferred inflation gauge.
- 06/27/2024
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Investor Sell Alert: 3 Stocks to Dump Before a July Crash
- Identifying stocks to sell is essential to investing to protect and expand portfolios. Investors should flag possible hazards and closely examine stocks with concerning financial and operational challenges.
- 06/27/2024
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Here's Why Foot Locker (FL) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/26/2024
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FOOT LOCKER REIMAGINES SNEAKER SHOPPING EXPERIENCE WITH FLX REWARDS PROGRAM RELAUNCH
- New loyalty program transforms customer experience with enhanced convenience and exclusive benefits; newly redesigned mobile app to follow NEW YORK, June 25, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) has unveiled an enhanced FLX Rewards program and announced forthcoming upgrades to its mobile app, marking significant milestones under its Lace Up Plan – the Company's strategy designed to drive sustainable and profitable growth. Informed by extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, enabling customers to use points towards a discount on purchases.
- 06/25/2024
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Foot Locker Still Has Hurdles To Clear As Collectors Get Cash Strapped
- We've seen talk of a turnaround at Foot Locker before. Before the pandemic, the retailer was going full-throttle to capitalize on its appeal with a young, urban “sneakerhead” audience, its turnaround strategy predicated on moving off-mall into Power Stores—standalone locations with event spaces and other enhanced, lifestyle-focused offerings for sneaker fanatics, not unlike Nike's experience-heavy House of Innovation flagship stores.
- 06/12/2024
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3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers
- One of the market's most closely watched economic reports made a sudden turn last week. The employment situation report (NFP) showed that the U.S. economy is still resiliently adding jobs despite seeing some contradicting indicators placing a ceiling on its growth.
- 06/10/2024
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Blue-Chip Bargain Hunters: 3 Top-Shelf Stocks at Discount Bin Prices
- Corporate earnings continue to move stocks more than any other factor, barring unexpected shock events. And while a lot of stocks rise significantly after a company's quarterly results are made public, many stocks dive, opening up buying opportunities for investors who are on the hunt for bargains, particularly among blue-chip names.
- 06/04/2024
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Foot Locker (FL) Q1 Earnings Top Estimates, Revenues Dip Y/Y
- Foot Locker's (FL) misses Q1 revenue estimates. Comparable sales decline 1.8% y/y on changes in the Champs Sports banner.
- 05/31/2024
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Foot Locker's Quarter Sends Doubters Running
- After reporting its first quarter 2024 financial results, shares of Foot Locker Inc. NYSE: FL jumped by as much as 40% as markets reacted to what could be the retail sector's latest turnaround story. Now that the stock is consolidating to the end of the week, investors can use this breather to hop on a new thesis for Foot Locker stock.
- 05/31/2024
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Foot Locker stock surges as CEO works to turn company around
- CNBC's Gabrielle Fonrouge talks Foot Locker's turn around story as the stock surges on quarterly results.
- 05/30/2024
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Foot Locker stock skyrockets on turnaround hopes
- Foot Locker shares surged after reporting better-than-expected first quarter earnings.
- 05/30/2024
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Why Foot Locker Stock Raced Higher Today
- Expectations for Foot Locker were really low, making it easy to impress investors by merely reiterating its guidance. Management believes that remodeling its stores will allow it to stay relevant -- a belief long-term investors need to share before buying this stock.
- 05/30/2024
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Q1 GDP Cools on 1st Revision; KSS, BURL, FL Report Q1
- Slightly higher jobless claims and a deeper gouge on the domestic trade balance in goods round out a busy morning for data.
- 05/30/2024
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Foot Locker Stock Soars as Q1 Profit Beats Expectations
- Foot Locker (FL) shares soared Thursday as the athletic shoe and apparel retailer's first-quarter results showed its turnaround efforts seem to be working.
- 05/30/2024
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Foot Locker (FL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
- While the top- and bottom-line numbers for Foot Locker (FL) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/30/2024
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Foot Locker rockets as turnaround plan drives profit beat
- Foot Locker, Inc. (NYSE:FL) shares have rocketed close to 30% on Thursday after its turnaround plan started to bear fruit, with first-quarter profits smashing analysts' expectations. Earnings per share came in at US$0.22, beating Wall Street guidance of US$0.12, after a period in which average selling prices of its products increased.
- 05/30/2024
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Cramer's Mad Dash: Foot Locker
- CNBC's Jim Cramer delivers his daily Mad Dash.
- 05/30/2024
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Foot Locker CEO Mary Dillon on Q1 results: Our 'Lace-Up' turnaround plan is working
- Foot Locker CEO Mary Dillon joins 'Squawk Box' to discuss the company's quarterly earnings results, which posted better-than-expected comparable sales and upbeat outlook, state of the company's turnaround plan, strength of the consumer, and more.
- 05/30/2024
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Foot Locker (FL) Q1 Earnings Beat Estimates
- Foot Locker (FL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.70 per share a year ago.
- 05/30/2024
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Foot Locker stock surges as turnaround shows signs of life
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 05/30/2024
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Dow Jones and Nasdaq to open in red as Kohl's plunges, Foot Locker jumps
- Despite stocks markets rebounding in Europe, Wall Street equity futures indicated a lower start amid a swathe of retail sector earnings. Dow Jones futures pointed to a decline of 0.9%, with S&P 500 futures down 0.4% and those for the Nasdaq 100 falling 0.3%.
- 05/30/2024
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Foot Locker stock pops 15% on Q1 earnings
- Foot Locker Inc (NYSE: FL) is up 15% in premarket on Thursday after reporting better-than-expected earnings for its fiscal Q1. Foot Locker stock gains on reaffirmed outlook Investors are cheering also because the management reiterated its guidance signalling the turnaround is finally starting to yield results.
- 05/30/2024
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Foot Locker Stock Pops as Earnings Are Strong
- The athletic-footwear retailer posts adjusted earnings of 22 cents share, beating Wall Street estimates of 12 cents.
- 05/30/2024
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Foot Locker's stock sprints higher after profit beats expectations by wide margin, while revenue fell a by short
- Shares of Foot Locker Inc. FL, -2.17% sprinted 7.9% higher in premarket trading Thursday, after the athletic shoe and accessories retailer reported fiscal first-quarter profit that beat expectations by a wide margin, while sales fell a bit short. Net income for the quarter to May 4 fell to $8 million, or 9 cents a share, from $36 million, or 38 cents a share, in the same period a year ago.
- 05/30/2024
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Foot Locker's turnaround is showing signs of life, CEO sees consumers willing to pay full price
- Foot Locker posted better-than-expected comparable sales as CEO Mary Dillon's turnaround plan begins to bear fruit. The former Ulta boss said average selling prices increased during the quarter, proving that consumers are willing to pay full price, for the right product.
- 05/30/2024
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FOOT LOCKER, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK
- Total Sales Decreased 2.8%; Comparable Sales Decreased 1.8% Global Foot Locker and Kids Foot Locker Comparable Sales Increased 1.1% EPS of $0.09 and Non-GAAP EPS of $0.22 Inventory Decreased 5.6% Year-over-Year Reaffirms First-Half and Full-Year 2024 Non-GAAP EPS Outlook NEW YORK , May 30, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its first quarter ended May 4, 2024. Mary Dillon, President and Chief Executive Officer, said, "We had a solid start to the year, which demonstrates that our Lace Up Plan is working.
- 05/30/2024
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Earnings Exchange: Salesforce, Dollar General & Foot Locker
- Courtney Garcia, senior wealth advisor at Payne Capital Management, joins CNBC's 'The Exchange' to discuss stock trades: Salesforce, Dollar General, and Foot Locker.
- 05/29/2024
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Stay Ahead of the Game With Foot Locker (FL) Q1 Earnings: Wall Street's Insights on Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Foot Locker (FL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.
- 05/24/2024
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Earnings Preview: Foot Locker (FL) Q1 Earnings Expected to Decline
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/23/2024
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Sell in May and Run Away: 3 Retail Stocks on the Brink of Collapse
- The big story in the retail sector is the new look for Walmart (NYSE: WMT ) that resulted in better earnings. The result was a soaring share price for the world's largest retailer.
- 05/21/2024
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FOOT LOCKER, INC. TO REPORT FIRST QUARTER FINANCIAL RESULTS ON THURSDAY, MAY 30
- NEW YORK, April 30, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its first quarter ended May 4, 2024, before the U.S. markets open on Thursday, May 30, 2024. A conference call is scheduled for the same day at 9:00 a.m.
- 04/30/2024
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Foot Locker Puts Faith In New Store Concept To Kick On Sneaker Sales
- In the world of sports they often say no pain, no gain. The same might be said of Foot Locker Foot Locker , which unveiled the first fruits of its ambitions in New Jersey this week, despite investors being wary about its capex program and its ongoing struggles with margins.
- 04/26/2024
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Foot Locker Begins Rollout of ‘Store of the Future'
- Foot Locker has unveiled its “store of the future” in Wayne, New Jersey. This new retail format will inform the footwear and apparel retailer's global refresh, as information gleaned from it will be incorporated into new stores, Foot Locker said in a Wednesday (April 24) press release.
- 04/24/2024
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Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence
- Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years.
- 04/24/2024
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FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPT
- New Concept to Debut at Wayne, N.J. Willowbrook Mall; Format Informs Global Fleet Refresh NEW YORK , April 24, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), today unveiled its new retail concept that delivers an elevated shopping experience and unrivaled customer service.
- 04/24/2024
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7 Budget-Friendly Retail Plays Due for a Tax Refund Spending Boost
- At the beginning of 2024, retail stocks has a bright outlook. Consumer spending was holding up, the rate of inflation was easing, and there were expectations of an interest-rate cut.
- 04/21/2024
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Why Foot Locker Stock Was Soaring This Week
- Nike said it was going to invest more in the wholesale channel. Foot Locker is a key partner for Nike, and about 65% of Foot Locker's product comes from Nike.
- 03/29/2024
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Foot Locker Builds Up Another Head of Steam; Gains Imminent
- Sometimes, you just can't keep a good stock down. Foot Locker, Inc. NYSE: FL, whose investors often feel like they're on a non-stop rollercoaster, is once again starting to rally.
- 03/28/2024
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Mid-Cap Stocks to Outperform the Market This Cycle
- When the economy enters a new cycle, investors must rotate their portfolios accordingly or else live with leaving money on the table. Mid-capitalization stocks outperform all others during an expansionary cycle, such as the one the U.S. is about to witness, so they might rally before the next quarter.
- 03/27/2024
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FOOT LOCKER, INC. TO PRESENT AT THE J.P.
- NEW YORK , March 27, 2024 /PRNewswire/ -- 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.
- 03/27/2024
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Three-Stock Lunch: Boeing, United Airlines, and Foot Locker
- Victoria Greene, G Squared Private Wealth CIO, joins 'Power Lunch' to give her investing take on three stocks: Boeing, United Airlines, and Foot Locker.
- 03/25/2024
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Foot Locker Upgraded, McDonald's Downgraded, Rivian Downgraded on Slowing EV Demand | Top Calls
- Top calls today are Foot Locker Upgraded, McDonald's Downgraded, Rivian Downgraded on Slowing EV Demand.
- 03/25/2024
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Top 3 Consumer Stocks That Could Lead To Your Biggest Gains This Quarter - Stitch Fix (NASDAQ:SFIX), Foot Locker (NYSE:FL)
- The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
- 03/14/2024
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Performance Branding firm WITHIN Named as Media Agency of Record for Foot Locker, Inc. North America
- NEW YORK--(BUSINESS WIRE)--WITHIN, the world's only Performance Branding firm, announced today that it has taken on the role as the North American media agency of record for Foot Locker, Inc., a leading omni-channel footwear and apparel retailer that unlocks the “inner sneakerhead" in all of us. This exciting partnership follows the earlier unveiling of Foot Locker's groundbreaking “Lace Up” plan, announced in March 2023 to strategically invigorate growth across the diverse portfolio of brands.
- 03/13/2024
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FOOT LOCKER, INC. NAMES CINDY CARLISLE CHIEF HUMAN RESOURCES OFFICER
- Carlisle brings over 24 years of leadership experience to her role at Foot Locker, Inc. NEW YORK , March 13, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today announced that Cindy Carlisle has assumed the role of Executive Vice President and Chief Human Resources Officer. "We are thrilled to welcome Cindy to our executive leadership team," said Mary Dillon, President and CEO, Foot Locker, Inc. "I am confident that Cindy's deep expertise in HR, culture, engagement, and business strategy will be an incredible asset to our team members as we execute our Lace Up Plan and embark on our next 50 years of growth.
- 03/13/2024
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Why Foot Locker Stock Slumped This Week
- Foot Locker says its growth rebound will take longer than expected. Watch for a return to modest sales growth in 2024.
- 03/08/2024
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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.
- 03/07/2024
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Why Foot Locker Stock Plunged Today
- Foot Locker announced technically stronger-than-expected results for its holiday quarter. But the company also pushed back a key margin milestone by two years, noting it's not yet ready to resume dividend payments or share repurchases.
- 03/06/2024
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FL Stock Alert: Why Foot Locker Is Plummeting 30% Today
- Foot Locker (NYSE: FL ) stock is down 30% on Wednesday after the sneaker retailer posted notably weak financial results for its fiscal fourth quarter. Indeed, Foot Locker reported worse-than-expected earnings and issued bleak guidance for 2024 as it attempts to catch up to its financial goals.
- 03/06/2024
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Three-Stock Lunch: CrowdStrike, Foot Locker & Nordstrom
- Malcolm Ethridge, CIC Wealth EVP, joins 'Power Lunch' to discuss stock plays for three stocks, including CrowdStrike, Foot Locker and Nordstrom.
- 03/06/2024
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Foot Locker's turnaround plan has, 'some near term pain,' Wedbush analyst says
- 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.
- 03/06/2024
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Here's Why Foot Locker Stock Went Up 22% Last Month
- According to internet rumors, Foot Locker stock may make an attractive target for activists. It's a recognizable, multibillion-dollar, profitable brand, and the stock is certainly cheap.
- 03/06/2024
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Foot Locker shares plummet as planned investments weigh on profit outlook
- Shares of Foot Locker slumped about 27% on Wednesday after the retailer projected 2024 profit below Wall Street expectations, hurt by a planned ramp-up in investments across its business to boost demand.
- 03/06/2024
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Foot Locker (FL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Foot Locker (FL) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 03/06/2024
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Foot Locker (FL) Tops Q4 Earnings and Revenue Estimates
- Foot Locker (FL) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.97 per share a year ago.
- 03/06/2024
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Foot Locker Stock Is Tumbling. 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.
- 03/06/2024
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Foot Locker Q4 earnings beat estimates: stock is still losing
- Foot Locker Inc is down about 8.0% in premarket on Wednesday after posting an upbeat Q4 earnings report. This is a developing story.
- 03/06/2024
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Foot Locker shares fall after heavy promotions lead to holiday-quarter losses
- Foot Locker reported earnings as CEO Mary Dillon leads the legacy retailer through an ambitious turnaround. But some analysts say it has gone too slowly.
- 03/06/2024
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Checking in on Foot Locker Stock Before Earnings
- Foot Locker Inc (NYSE:FL) will report earnings before the open tomorrow, Mar. 6.
- 03/05/2024
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Foot Locker Stock Is the Retail Value Play Growing at 46%
- The market has now gone through a complete cycle in record time. From 2020 to today, it seems that interest rates and the underlying business cycle have gone from one end of the spectrum to the other without causing any of the turmoil that typically comes with such a swing.
- 03/05/2024
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Retail renaissance: The shopping center REIT beating the odds
- When it comes to real estate investments, retail properties have stood as a solid opportunity for investors seeking stable income. Among these investment vehicles are real estate investment trusts (REITs), specializing in the ownership and management of retail spaces such as shopping centers, malls, and strip malls.
- 03/05/2024
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Foot Locker (FL) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Evaluate the expected performance of Foot Locker (FL) for the quarter ended January 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 03/01/2024
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Analysts Estimate Foot Locker (FL) to Report a Decline in Earnings: What to Look Out for
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/28/2024
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Foot Locker Laces Up For Off-Mall Move
- Foot Locker is shifting from mall-based to off-mall 'new format' stores to attract a broader customer base. It has started partnerships with leading brands like Puma and Reebok and a renewed Nike partnership. NBA sponsorship to boost brand loyalty and engagement, tapping into the massive global basketball fan base.
- 02/18/2024
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Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 02/15/2024
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These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 02/12/2024
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FOOT LOCKER, INC. TO REPORT FOURTH QUARTER FINANCIAL RESULTS ON WEDNESDAY, MARCH 6
- NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its fourth quarter ended February 3, 2024, before the U.S. markets open on Wednesday, March 6, 2024. A conference call is scheduled for the same day at 9:00 a.m.
- 02/07/2024
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Forget Risky High Yield Stocks: 12 Option Trades With Double-Digit Yield Potential
- Forget Risky High Yield Stocks: 12 Option Trades With Double-Digit Yield Potential
- 02/02/2024
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Foot Locker: Upside Attractive If Macro Conditions Recover
- I gave a buy rating with expectations of growth recovery in the next 2 years. The timing of investment is something to consider as the timing of growth is hard to pinpoint. Strategic initiatives such as the NBA partnership and entry into the Indian market position Foot Locker for future growth.
- 01/27/2024
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Foot Locker (FL) to Gain From Lace Up Plan, Market Adaptation
- Foot Locker (FL) strengthens its omnichannel presence and sneaker culture focus, banking on key brand partnerships and NBA collaboration.
- 01/16/2024
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Why Is Foot Locker (FL) Up 16% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?
- 12/29/2023
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Foot Locker's (FL) Growth Strategies Appear Encouraging
- Foot Locker (FL) is trying to improve its performance through operational and financial initiatives. Its cost-optimization program bodes well.
- 12/28/2023
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Nike, Foot Locker shares plunge after sneaker maker cuts revenue outlook
- Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.
- 12/22/2023
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These 3 Consumer Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Ford Motor (NYSE:F), Foot Locker (NYSE:FL)
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 12/21/2023
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How to use the FED cuts to your advantage with these 3 stocks
- The winds start blowing from East to West, and you sit at a sunny beach shore and find yourself staring at the horizon. In one of those 'a-ha' moments, you realize something right in front of you: blowing winds don't help or hinder large ships, but they can get sailboats to wherever they're going quicker!
- 12/20/2023
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Foot Locker: the next chapter begins with an uber-bullish upgrade
- Few stocks have mimicked a rollercoaster over the years as that of Foot Locker Inc NYSE: FL. With a chart made up of seemingly non-stop triple-digit rallies and double-digit drops, it's perhaps no surprise that, once again, Foot Locker shares are hitting the headlines.
- 12/19/2023
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3 Charts For Investors to Watch Friday: Lucid, Foot Locker, QYLD ETF
- Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.
- 12/15/2023
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Piper Sandler is ‘incrementally more positive' on Foot Locker stock
- Foot Locker Inc (NYSE: FL) is up nearly 10% on Thursday after a Piper Sandler analyst issued a bullish note in its favour. Foot Locker stock has upside to $33 Abbie Zvejnieks upgraded the footwear retailer today to “overweight” and raised her price target to $33 which suggests a 16% upside on its previous close.
- 12/14/2023
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3 Retail Stocks to Sell as Consumers Tighten Their Belts
- U.S. retail sales fell in October for the first time in seven months as the economy shows signs of starting to cool. Indeed, Thanksgiving holiday retail sales during the weekend of Black Friday through Cyber Monday were strong.
- 12/11/2023
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Foot Locker (FL) Gains From Digital Business Strength Amid Risks
- Foot Locker (FL) has been benefiting from strength in its digital business, growth investments and FLX membership program. However, a challenging retail landscape has been impacting its results.
- 12/07/2023
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Sports apparel retailers hope holidays will improve a post-pandemic slump
- The holiday shopping season is now in full flight, but for sports apparel retailers and manufacturers, the mood is anything but festive.
- 11/30/2023
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Foot Locker gets a fresh wind, shares surge
- Foot Locker NYSE: FL has struggled over the past year as supply chain headwinds turned into inventory headwinds compounded by sluggish consumer trends and the post-pandemic letdown in spending. Today's takeaway is that reality is not as bad as the fear, and now the stock is in rebound mode.
- 11/30/2023
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Foot Locker's (FL) Q3 Earnings Beat, Sales Decrease Y/Y
- Foot Locker (FL) posts dismal sales in third-quarter fiscal 2023 on soft comparable-store sales and adverse foreign-currency fluctuation impacts.
- 11/29/2023
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Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
- Foot Locker saw strong financial results over Thanksgiving weekend, and the sneaker and sportswear retailer decided to make a quick pivot in its full-year forecast, showing slightly improved sales trends attributed to its new approach to its retail stores, which aim to offer more than merchandise.
- 11/29/2023
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Foot Locker Inc. (FL) Q3 2023 Earnings Call Transcript
- Foot Locker Inc. (NYSE:FL ) Q3 2023 Earnings Conference Call November 29, 2023 9:00 AM ET Company Participants Robert Higginbotham - SVP, FP&A, IR, and Treasurer Mary Dillon - President, CEO Frank Bracken - EVP, CCO Mike Baughn - EVP, CFO Conference Call Participants Cristina Fernandez - Telsey Advisory Group Alexandra Straton - Morgan Stanley Janine Stichter - BTIG Lorraine Hutchinson - Bank of America Tom Nikic - Wedbush Securities Michael Binetti - Evercore ISI Robert Drbul - Guggenheim Paul Kearney - Barclays Gabby Carbone - Deutsche Bank Operator Good morning, and welcome to Foot Locker's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
- 11/29/2023
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Here's Why Foot Locker Stock Soared Today
- Foot Locker's sales are down and its profit margins are shrinking, which isn't good. Investors' expectations for the company were at their lowest point in over a decade, and the company's financial results exceeded those overly negative projections.
- 11/29/2023
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Foot Locker stock popped 20% on Wednesday: explained here
- Foot Locker Inc (NYSE: FL) popped 20% this morning after reporting a surprise beat on both top and bottom lines in its third financial quarter. Foot Locker stock up despite lowered earnings outlook The sportswear retailer now forecasts sales to drop by up to 8.5% this year versus up to a 9.
- 11/29/2023
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Foot Locker shares rise as retailer posts earnings beat, gives more upbeat sales outlook
- CNBC's Joe Kernen reports on the company's quarterly earnings results.
- 11/29/2023
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Foot Locker lifts sales outlook after Thanksgiving boost
- Foot Locker Inc shares surged in pre-market trading after it raised its full-year sales forecast, citing strong results over Thanksgiving week and progress on its strategic growth plan. The athletic retailer now expects a full-year comparable sales decline of 8.5% to 9%, compared with a previous forecast for a decrease of as much as 10%.
- 11/29/2023
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Foot Locker Stock Jumps. Sales Outlook Is Brighter.
- The athletic footwear retailer easily beats quarterly earnings and sales estimates.
- 11/29/2023
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Foot Locker shares rise as retailer posts earnings beat, gives more upbeat sales outlook
- Foot Locker beat on third-quarter earnings and said it expects better same-store sales for the year than it previously did.
- 11/29/2023
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Foot Locker's stock leaps toward 4-month high after a triple beat in earnings and improved sales outlook
- Shares of Foot Locker Inc. FL ran up 11.2% toward a four-month high in premarket trading Wednesday, after the athletic footwear retailer reported fiscal third-quarter beat profit, revenue and same-store sales expectations, citing improved conversion trends. Net income for the quarter to Oct. 28 fell to $28 million, or 30 cents a share, from $96 million, or $1.01 a share, in the year-ago period.
- 11/29/2023
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Earnings Exchange: Workday, Intuit & Foot Locker
- Delano Saporu, New Street Advisors Group founder and CEO, joins 'The Exchange' to discuss Workday, Intuit, and Foot Locker.
- 11/28/2023
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Foot Locker's stock tripped up by Citi's call to sell
- Shares of Foot Locker Inc. fell Friday after Citi analyst Paul Lejuez turned bearish two days before earnings are due and as investors appear to have gotten carried away, considering that the holiday selling season is expected to be pretty challenging for the athletic-shoe seller.
- 11/27/2023
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Analyst: Foot Locker's Elevated Inventory Could Weigh
- Foot Locker Inc (NYSE:FL) stock is 2.7% lower at $22.68 this morning, after Citi downgraded the shares to "sell" from "neutral.
- 11/27/2023
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2 stocks that faded their price gaps after crushing earnings
- The third-quarter 2023 earnings season is in the books as markets prepare for the year-end holiday shopping season. Sports retailers showed very impressive performance in Q3 2023 and raised their outlook for Q4 2023.
- 11/27/2023
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Foot Locker (FL) Q3 Earnings Coming Up: What's in the Offing?
- A tough macroeconomic backdrop, including inflationary pressures and occupancy deleverage, is likely to have weighed on Foot Locker's (FL) performance in third-quarter fiscal 2023.
- 11/24/2023
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What Analyst Projections for Key Metrics Reveal About Foot Locker (FL) Q3 Earnings
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Foot Locker (FL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2023.
- 11/23/2023
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Here's How Foot Locker (FL) is Placed Ahead of Q3 Earnings
- Foot Locker's (FL) third-quarter fiscal 2023 results are likely to reflect a slowdown in consumer spending due to a tough macroeconomic backdrop.
- 11/23/2023
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Foot Locker likely to stumble into holiday season with weak 3Q earnings, analysts say
- Foot Locker, Inc. (NYSE:FL) will report its third-quarter results before the market opens on November 29, and analysts at UBS are calling for a letdown relative to expectations. The shoe retailer is expected to report earnings of $0.23 per share on revenue of $1.97 billion, compared to $1.27 per share on revenue of $2.17 billion.
- 11/21/2023
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Foot Locker to be an official U.S. marketing partner of the NBA, but that doesn't help the stock
- Foot Locker Inc. FL, -3.82% announced Thursday a multi-year partnership with the National Basketball Association, that makes the athletic footwear and apparel retailer the official market partner of the professional basketball league. “This exciting partnership cements Foot Locker's position at the center of basketball and sneaker culture and expands our collaborative journey with the NBA,” said Foot Locker Chief Commercial Officer Rank Bracken.
- 11/16/2023
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FOOT LOCKER, INC. TO REPORT THIRD QUARTER FINANCIAL RESULTS ON WEDNESDAY, NOVEMBER 29
- NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its third quarter ended October 28, 2023, before the U.S. markets open on Wednesday, November 29, 2023. A conference call is scheduled for the same day at 9:00 a.m.
- 11/08/2023
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Value and convenience will be the retail playbook of 2024, says JPMorgan's Matthew Boss
- Matthew boss, JPMorgan analyst, joins 'Squawk on the Street' to discuss his retail playbook.
- 10/24/2023
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Foot Locker's Transformation Jeopardizes Market Share. Goldman Says Sell the Stock.
- The footwear retailer is grappling with weak demand and high promotions 'as it works through still-heavy inventory levels,' say the analysts.
- 10/19/2023
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Foot Locker (FL) Loses Shine From Investors' Books: Here's Why
- Foot Locker (FL) witnesses higher SG&A expenses. A tough operating backdrop is an added deterrent.
- 10/11/2023
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3 Stocks to Dump Before They Dive
- Investors should pay attention to stocks to sell just as much as those to buy because preserving your capital is one of the most essential rules profitable investors follow. While certain companies are trading at a discount, that's because they are, essentially, doomed, meaning your investments would drop substantially.
- 10/05/2023
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Foot Locker: Negative Growth Puts Dividend And Stock Price In Danger
- Foot Locker's popularity has declined due to the rise of the secondary shoe market and online customization options. Online competitors like Stockx and Nike's websites have far more web traffic than Foot Locker. Foot Locker's financial data shows inconsistent income and negative growth, making it a risky investment.
- 10/04/2023
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Has Foot Locker's Selloff turned into a Bargain?
- When it comes to keeping investors on their toes and giving them sleepless nights, few stocks can match Foot Locker Inc NYSE: FL. The footwear and athletic apparel store has had its fair share of eye-watering rallies and drops over the years, and there are no signs of this abating, with the current selloff taking shares down 60% from February's high.
- 10/04/2023
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3 Reasons to Avoid Foot Locker Stock Like the Plague
- The athletic shoe chain expects sales for the year to drop nearly 10%. It has had to suspend its dividend and pull back on share repurchases.
- 09/29/2023
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Nike stock rallies after earnings beat, boosting Foot Locker shares
- Nike shares NKE, +0.23% rallied 8% as the apparel maker that's also part of the Dow Jones Industrial Average DJIA reported better-than-expected earnings, news that also lifted shares of European rivals including Adidas ADS, +6.12%.
- 09/29/2023
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Why Is Foot Locker (FL) Up 3.3% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?
- 09/22/2023
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Bullish Signs: 3 Insiders Snapping Up Company Stock
- When a company's executives and board members voraciously buy their own stock suddenly, it's worthy of attention. Share purchases by insiders are often viewed as a vote of confidence in a company's stock.
- 09/21/2023
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1 Hot Growth Stock to Buy on the Dip
- Crocs recently hiked its earnings and sales outlook. The Hey Dude franchise is under short-term pressure as retailers scale back on inventory holdings.
- 09/21/2023
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This retailer is in a 'really bad situation,' and investors should stay away, Jim Cramer says
- The circumstances around JPMorgan's downgrade of Dollar General (DG) appear "highly unusual," CNBC's Jim Cramer said Wednesday.
- 09/20/2023
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GameStop and Foot Locker Insiders Bought Up Stock
- Executives and directors purchased slumping retail stocks GameStop, Foot Locker, Five Below, and Dick's.
- 09/18/2023
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Foot Locker (FL) Stock Grapples With Multiple Headwinds
- Foot Locker (FL) witnesses higher selling, general and administrative (SG&A) expenses. A tough operating backdrop is an added deterrent.
- 09/15/2023
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The 3 Most Undervalued Meme Stocks to Buy in September 2023
- While the original social-media-inspired speculative ideas may be stumbling around the ring, intrepid investors with some loose pocket change may be able to acquire undervalued meme stocks. And no, I'm not talking about securities that are only cheap on paper.
- 09/12/2023
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Down 34% to 50% This Year, Can Chewy and Foot Locker Recover?
- Investors might want to watch Foot Locker stock from the sidelines. Chewy has a few catalysts that could spur a rebound, including its push into Canada.
- 09/11/2023
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How much are retailers losing to shrink and theft? In many cases, it's not the main drag on profits
- As more and more companies blame shrink and theft for lower profits, some are offering more clues than ever into how much it's cutting into their bottom lines.
- 09/08/2023
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Victor Cruz's foundation partners with Foot Locker to get hometown kids ready for school
- Former New York Giants wide receiver Victor Cruz and his Victor Cruz Foundation partnered with Foot Locker to give 25 kids from his hometown Paterson, New Jersey, a shopping spree.
- 09/08/2023
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Lifetime Investments: 7 Stocks That Promise Steady Growth for Decades
- In the stock market, where tumultuous waves can lead to substantial losses or lucrative gains, investors often seek blue-chip stocks that generate favorable and stable growth over the years. Notably, an ongoing intersection of market trends, company strategies, and external factors has brought an opportunity to seize the stocks primed for a long-term value ascension.
- 09/06/2023
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Why an Ultra High Dividend Yield Alone Doesn't Make a Stock a Buy
- VF Corp. cut its dividend this year after years of annual increases. Foot Locker "paused" its dividend as a turnaround ran into headwinds.
- 09/06/2023
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Here's Why Foot Locker Stock Plunged 27% Last Month
- Foot Locker's inventory is up, forcing management to cut prices. With lower prices, sales and profits are dropping fast for the shoe and apparel retailer.
- 09/05/2023
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Foot Locker Is Underearning, but Has Future Potential
- The athletic sneaker market continues to be a passion for many consumers across the country, mostly teenage boys. There is even an online “stock market” for trading mostly high-end athletic footwear.
- 09/05/2023
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Foot Locker is Underearnings, but has Future Potential
- The athletic sneaker market continues to be a passion for many consumers across the country, mostly teenage boys. There's even an online “stock markets” for trading mostly high end athletic footwear.
- 09/05/2023
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Foot Locker Paused Its Dividend. Is the Turnaround in Trouble?
- Foot Locker has a fairly modest amount of leverage, but its sales are weak. The company is attempting to get back on the growth path again.
- 09/04/2023
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Foot Locker: A Valuation Update After The Dividend Suspension
- Foot Locker's quarterly results have been disappointing, with declining sales, missed earnings estimates, and negative cash flow from operations. The company has cut its guidance for the full year and suspended its dividend, impacting the stock's valuation. Due to the tough macroeconomic environment and high uncertainty, we modify our rating from "buy" to "sell".
- 09/01/2023
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Is Foot Locker a Value Trap or a "Shoe-In" for Recovery?
- Declining sales and changing shopping trends have worn down Foot Locker's stock. While its P/E ratio has fallen, it's still higher than the multiples of some competitors.
- 09/01/2023
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Why Foot Locker Stock Was Gaining Today
- Foot Locker shares were pulled higher by Caleres and Genesco. Both its peers reported declining sales but better-than-expected profits.
- 08/31/2023
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2 Reasons You Can Trust This Dividend Stock's Nearly 8% Yield
- Enbridge has a well-funded dividend despite its high yield. Profits should grow as export volumes increase over time.
- 08/31/2023
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Considering Buying Foot Locker Stock? Read This First.
- Foot Locker has little pricing power in the footwear industry. Nike is the better stock to consider owning today.
- 08/31/2023
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The Last Time Foot Locker Stock Was This Cheap, It Was a 17-Bagger in 7 Years. Could This Be a Deep Value Stock Again?
- The valuation for Foot Locker stock has only been this low one other time in the last 20 years. Foot Locker stock crushed the market 15 years ago as its profitability recovered and its valuation surged.
- 08/30/2023
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Foot Locker Stock Takes a Big Hit
- The dirty laundry keeps piling up for Foot Locker, Inc. NYSE: FL. Last week, the athletic apparel and sporting goods retailer announced its sixth straight quarter of lower profits and the worst bottom line performance since Covid closures.
- 08/29/2023
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Why Foot Locker Stock Raced Higher Today
- J.P. Morgan cut its price target on Foot Locker stock yesterday. Still, the analyst is saying Foot Locker stock looks undervalued at $20 a share.
- 08/28/2023
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A Bull Market Could Be Here: 3 Reasons to Buy Foot Locker Stock
- The economic weakness crimping sales of sneakers is only temporary -- even if it feels otherwise. The sweeping company overhaul now underway is overdue, and should create the intended result.
- 08/27/2023
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Theft is hitting different retailers differently — this one suggests good customer service can be part of the solution
- Theft has been the theme for the retail industry's earnings season this month, and with it the industry metric known as “shrink.” But sports-centric retailer Hibbett Inc. said Friday that the hit to margins from theft wasn't that much.
- 08/25/2023
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Foot Locker on track for worst week since November of 2008 after earnings disappointment
- Foot Locker Inc.'s stock FL, -1.40% has fallen 32.2% this week, putting it on track for its worst week since November of 2008, when the financial crisis was slamming the market, according to Dow Jones Market Data. The stock has been clobbered by the sporting goods retailer's weaker-than-expected second-quarter earnings, which showed it swinging to a loss and suspending its dividend to conserve cash.
- 08/25/2023
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Earnings recap: Nvidia, Dick's, Foot Locker, Macy's, Nordstrom, Snowflake, Intuit, Workday and more
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Dump These 4 Growth Stocks, Buy These 3 Instead
- August has been a volatile month for the stock market. Corporate earnings, a rise in bond yields, and a deepening economic correction in China have conspired to send all three major U.S. indices down about 3% over the past month.
- 08/24/2023
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Why Foot Locker Stock Was Up Today
- The stock is back to trading at its normal valuation range after a sharp sell-off. The footwear retailer has a difficult road ahead to return to growth.
- 08/24/2023
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Shares Plunge On 2 Quant Sell-Rated Stocks: Foot Locker And Peloton
- Foot Locker and Peloton reported earnings this week, and the shoe dropped for both - a warning showcased by our quant ratings for months. Deemed among the biggest stock losers Wednesday, Foot Locker fell more than 30%, and Peloton -26%, as revenue guidance fell well below consensus. The Quant Rating System has a track record of picking winners and identifying losers.
- 08/24/2023
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Trending stocks August 23, 2023: Foot Locker, Williams-Sonoma, Netflix
- Yahoo Finance anchor Seana Smith and Diane KIng Hall break down the trending stocks for August 23, 2023 including Foot Locker (FL) shares dropping after its second quarter earnings missed on revenue, sales dropped almost 10 percent, and the company cut its full-year outlook. Williams-Sonoma (WSM) shares rise as the company beat on adjusted earnings in its second quarter and raised its full-year operating margin forecast.
- 08/23/2023
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Foot Locker Shares Crumble Amid "Consumer Softness." Is This a Buying Opportunity?
- Foot Locker missed Wall Street's sales and earnings expectations in Q2. The company also suspended its dividend and cut full-year guidance again.
- 08/23/2023
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Foot Locker Inc. (FL) Q2 2023 Earnings Call Transcript
- Foot Locker Inc. (NYSE:FL ) Q2 2023 Earnings Conference Call August 23, 2023 10:00 AM ET Company Participants Robert Higginbotham - VP, IR Mary Dillon - President, CEO Franklin Bracken - EVP, COO Michael Baughn - EVP, CFO Conference Call Participants Robert Drbul - Guggenheim Warren Cheng - Evercore ISI Brooke Roach - Goldman Sachs Alexandra Straton - Morgan Stanley Jonathan Komp - Baird Lorraine Hutchinson - Bank of America Janine Stichter - BTIG Joseph Feldman - Telsey Advisory Group Adrienne Yih - Barclays Paul Lejuez - Citi. Operator Good morning, and welcome to Foot Locker's Second Quarter 2023 Financial Results Conference Call.
- 08/23/2023
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Nike heads toward record 10th straight losing day as Foot Locker woes, China slowdown hit stock
- Shares of Nike fell for the tenth straight day on Wednesday, putting it on track for its longest losing streak since it went public in 1980.
- 08/23/2023
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Top AI Stock Picks And Foot Locker's Disappearing Dividend With Steven Cress
- With the Nasdaq down 5% from July highs, now is the time to scan the AI universe for buy-the-dip stocks. META, AMZN and GOOGL make the cut and NVDA has an outlier valuation metric.
- 08/23/2023
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Foot Locker Blames Weak Quarter on ‘Consumer Softness' As Stock Plunges
- Footwear and apparel retailer expects full-year sales to decline on back of price-sensitive consumers.
- 08/23/2023
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Foot Locker Shares Plummet 33% After Sales Decline
- The company attributed a dip in comparable sales to “consumer softness.”
- 08/23/2023
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Foot Locker stock plunges, Abercrombie & Fitch soars on earnings
- Yahoo Finance Live anchors Brad Smith and Julie Hyman break down retail earnings for Foot Locker (FL) and Abercrombie & Fitch (ANF). & Fitch
- 08/23/2023
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Why Foot Locker Stock Is Crashing Today
- Foot Locker missed sales and earnings expectations in Q2. The company also suspended its dividend and cut its forward guidance.
- 08/23/2023
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Nvidia earnings, Foot Locker outlook, Jackson Hole: 3 Things to watch August 23, 2023
- Yahoo Finance Live anchor Julie Hyman highlights several of this morning's top stories including Q2 earnings for chipmaker Nvidia (NVDA) ahead of its due out after today's closing bell. Also, in the retail sector Foot Locker (FL) sees its shares dive alongside its slashed outlook after missing on revenue estimates.
- 08/23/2023
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Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
- Foot Locker (FL) shares lost more than one-third of their value in early trading Wednesday after the athletic apparel retailer reported sales fell as inflation-weary shoppers spent less on the company's apparel and footwear.
- 08/23/2023
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Foot Locker's stock plunges 32% as sneaker retailer blames dismal results on ‘consumer softness'
- Foot Locker saw sales decrease by nearly 10% last quarter, and blamed the dismal period on "ongoing consumer softness." Its share price plummeting as much as 33% in premarket trading on Wednesday.
- 08/23/2023
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Investors Are Giving Up on These 2 Stocks -- Should You?
- Markets opened modestly higher after seeing losses in recent weeks. Peloton Interactive reported declines in sales and subscriber counts.
- 08/23/2023
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Foot Locker (FL) Misses Q2 Earnings and Revenue Estimates
- Foot Locker (FL) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $1.10 per share a year ago.
- 08/23/2023
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Nike and Adidas shares trip up after Foot Locker 2Q shocker
- Shares of sports gear companies Nike Inc (NYSE:NKE) and adidas AG (OTCQX:ADDYY) fell sharply in early Wednesday trading after footwear retailer Foot Locker posted a bigger-than-expected fall in second-quarter sales and reduced its guidance for 2023. The footwear retailer also swung to a $5 million loss, from a $94 million profit a year earlier, and hit pause on dividends, sending its shares 32% lower in pre-market trading.
- 08/23/2023
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Foot Locker shares sink as inflation curbs spending, cuts annual forecast
- Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash citing "price-sensitive" consumers.
- 08/23/2023
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Why Is Foot Locker (FL) Stock Down 31% Today?
- Foot Locker (NYSE: FL ) stock is taking a beating on Wednesday after the athletic wear retailer released its Q2 earnings report. The bad news for FL stock starts with its adjusted earnings per share of 4 cents.
- 08/23/2023
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Foot Locker shares plunge 30% as it slashes guidance and blames 'consumer softness'
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 08/23/2023
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Foot Locker slides 32% as sales fall; slashes guidance
- Foot Locker Inc shares slumped 32% in pre-market trading after reporting a fall in sales, reducing guidance for 2023 and announcing a pause to the dividend. The footwear retailer reported a 9.9% drop in sales to $1.86 billion, below Street expectations of $1.88 billion, but now expects 2023 sales to drop 8-9%, compared to a previously issued forecast of down 6.5-8%.
- 08/23/2023
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Adidas, Nike and Puma shares drop after Foot Locker warning
- Adidas shares ADS, -4.24% fell 4% and Puma shares PUM, -6.18% dropped 5%, as both apparel makers suffered from the profit warning at Foot Locker. Foot Locker reported a softening of trends in July and price-sensitive customers.
- 08/23/2023
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Foot Locker Stock Plunges After Outlook Slashed and Dividend Suspended
- Foot Locker slashed its outlook for the second straight quarter and pauses its dividend as the shoe retailer grapples with a tough consumer backdrop.
- 08/23/2023
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Foot Locker's stock tumbles 26% after revenue miss and lowered guidance and company says it's suspending its quarterly dividend
- Foot Locker Inc.'s stock FL, -4.80% slid 26% in premarket trade Wednesday, after the sporting goods retailer swung to a loss in the second-quarter as revenue also fell short of estimates and the company cut its full-year guidance. The news comes a day after a disappointing report from rival Dick's Sporting Goods Inc. DKS, -24.15%, which that company blamed on a spike in shoplifting.
- 08/23/2023
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Foot Locker reports another sales decline, cuts guidance as it blames 'consumer softness'
- Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from shoes.
- 08/23/2023
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Foot locker is a trading vehicle not a long term hold, Gradient Investment's Mariann Montagne
- Mariann Montagne, Gradient Investment's portfolio management consultant, joins 'The Exchange' to discuss Dick's Sporting Goods signalling a pull back in apparel sales, Foot Locker's attempt to control inventory shrink, and Toll Brother's doubling value since hitting its lows in 2022.
- 08/22/2023
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Is a Surprise Coming for Foot Locker (FL) This Earnings Season?
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/22/2023
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Is Now the Time to Buy these Three Most Downgraded Stocks?
- Once again, Marketbeat.com's list of Most Downgraded Stocks has some interesting names. While some are worthy of bearish sentiment, others are on the list because the analysts have reset their bullish expectations.
- 08/21/2023
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Foot Locker Stock: A Rare Chance for Growth and Dividend Investment?
- Foot Locker recently issued a dividend of $0.40 per share, providing a 6% yield. The market's recent struggles may offer an opportunity for savvy investors.
- 08/17/2023
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Earnings Preview: Foot Locker (FL) Q2 Earnings Expected to Decline
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 08/16/2023
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Foot Locker Stock Is Down, But Is It Out? 3 Red Flags to Watch
- Foot Locker's revenue and earnings are trending downward. It doesn't have a competitive advantage.
- 08/16/2023
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How Much Upside is Left in Foot Locker (FL)? Wall Street Analysts Think 31.73%
- The average of price targets set by Wall Street analysts indicates a potential upside of 31.7% in Foot Locker (FL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 08/15/2023
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Now's the time to own dividend-paying stocks. These 5 offer up to a 9% yield.
- The “easy” gains of the early part of a bull market have been made, and stocks are more likely to move sideways. That means now is a good time to remember a frequently overlooked reality of investing: 40% of gains come from dividends over the long run.
- 08/14/2023
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Foot Locker reportedly refuses to sell surplus Yeezys over backlash fears
- Foot Locker executives had a change of heart over fears it it would cause a public relations nightmare for associating with Ye, according to a report.
- 08/11/2023
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Retailers say organized theft is biting into profits, but internal issues may really be to blame
- Target and Foot Locker may be using organized retail theft as a convenient excuse to cloak internal flaws, as others focus on internal theft and self checkout.
- 08/10/2023
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2 Dividend-Paying Consumer Cyclical Stocks Trading at Attractive Valuations
- In the convoluted labyrinth of the stock market, wise investors persistently hunt for undervalued consumer stocks, knowing they are often hidden gems ready to explode in value. Today's fast-paced world has not dampened the consumer sector's vitality.
- 08/08/2023
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Better Buy: Nike vs. Foot Locker
- Nike's impressive digital foundation has been key in keeping its brand relevant. Foot Locker's revenue and earnings are falling, and its store count is shrinking.
- 08/04/2023
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FOOT LOCKER, INC. TO REPORT SECOND QUARTER FINANCIAL RESULTS ON WEDNESDAY, AUGUST 23, 2023
- NEW YORK , Aug. 2, 2023 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended July 29, 2023 before the U.S. markets open on Wednesday, August 23, 2023. A conference call is scheduled for the same day at 10:00 a.m.
- 08/02/2023
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3 Reasons to Avoid Foot Locker Stock
- Foot Locker recently lowered its 2023 sales and earnings outlook. The retailer's gross profit margin also fell sharply this past quarter.
- 07/28/2023
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Better Buy: Foot Locker vs. Dollar General Stock
- Dollar General has a clearer path toward rebounding growth. Foot Locker is likely to see more pressure from price cuts throughout 2023.
- 07/28/2023
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Better Buy: VF Corp vs. Foot Locker
- VF Corp owns a collection of well-known consumer brands and stores. Foot Locker has long been a leading retailer of sneakers.
- 07/27/2023
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Foot Locker (FL) Stock Grapples With Several Headwinds
- Foot Locker (FL) witnesses higher SG&A expenses. A tough operating backdrop is an added deterrent.
- 07/19/2023
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Back-to-School Shopping to Fall? Stocks to Win/Lose
- Inflationary pressures are expected to dampen the back-to-school shopping season this year, per a new report from Deloitte, as quoted on Yahoo Finance.
- 07/14/2023
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1 Growth Stock Down 44% to Buy Right Now
- Foot Locker has taken on a revitalization initiative that should broaden its appeal. The plan, however, will take some time to put in place and get up to full speed.
- 07/14/2023
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Is Foot Locker Stock a Buy Now?
- Sales trends were decent in early 2023, but promotions are hurting margins. Foot Locker has limited control over the factors pressuring its business today.
- 07/13/2023
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Why Foot Locker Plunged 28.3% During the First Half of 2023
- Foot Locker is undertaking a cost-cutting exercise led by new CEO Mary Dillon to save $18 million annually. During its Investor Day, the sneaker company presented its “Lace Up” plan to reinvigorate growth by shutting down more than 400 stores.
- 07/13/2023
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The Perfect 10 Portfolio Is Ready to Roll
- The phrase “Perfect 10” doesn't just apply to bathing beauties. It's the name of one of my favorite hypothetical stock portfolios.
- 07/10/2023
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Foot Locker Is Making Big Changes to Stores. Could the Strategy Pay Off for Investors?
- Foot Locker has embarked on a multiyear turnaround plan dubbed "Lace Up." A big piece of the plan is closing underperforming stores while working to open new ones in better locations.
- 06/28/2023
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Q2 profits are set for their biggest drop since the pandemic, but then the worst may be over for the year
- Wall Street is expecting a third straight quarter of falling profits and the worst decrease since the pandemic in 2020, when second quarter earnings are reported in July, but that may be the bottom for this year.
- 06/24/2023
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Foot Locker (FL) Plunges 30% Year to Date: Here's Why
- Foot Locker (FL) witnesses higher SG&A expenses. A tough operating backdrop is an added deterrent.
- 06/23/2023
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Is Foot Locker's 'Lace Up' Turnaround Plan Falling Short?
- After delivering weak fiscal first-quarter results, the retailer cut its full-year guidance. Investors punished Foot Locker stock, implying that they have big concerns about its turnaround plan.
- 06/22/2023
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A Fresh Look On Foot Locker
- Foot Locker's fair value estimate has been revised downwards to a range of $18 to $23 per share due to continuing macroeconomic headwinds. These estimates however do not consider the positive impacts of the share buyback programs and potential growth opportunities. Inventory management needs to improve and accounts receivable growth compared to sales growth needs to slow.
- 06/21/2023
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What To Expect From The 2nd Quarter Earnings Cycle
- The 2nd quarter earnings cycle is just around the corner, and it could be exciting for the S&P 500 NYSEARCA: SPY. The indications are as mixed as they could be, which means we are likely to see mixed results across sectors and industries and rotation within the market.
- 06/14/2023
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Why Foot Locker Stock Sank 40% in May
- Foot Locker faces serious issues, including inventory management and maintaining its dividend, which require caution from potential investors. The retailer reported disappointing results in the first quarter, citing a challenging macroeconomic environment.
- 06/07/2023
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Top 5 Consumer Stocks That Could Lead To Your Biggest Gains In June
- The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
- 06/06/2023
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Foot Locker has more bad news brewing, says broker as it reiterate Sell rating
- Analysts at UBS reaffirmed their Sell rating on Foot Locker, Inc. (NYSE:FL) noting that the company's challenges are more than macro-related. UBS also said that it has lowered its price target 27% to $22.
- 05/23/2023
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New Strong Sell Stocks for May 23rd
- AMPY, FL and FRO have been added to the Zacks Rank #5 (Strong Sell) List on May 23, 2023.
- 05/23/2023
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Markets End Mixed Ahead of Debt Ceiling Meeting
- U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.
- 05/22/2023
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Nike impacted by declining Foot Locker sales, retail environment
- Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.
- 05/22/2023
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Nike has aligned itself so tightly with Foot Locker that the retailer is bringing the sneaker giant down with its latest earnings
- Foot Locker on Friday morning reported disappointing quarterly earnings. Some analysts this weekend lowered expectations for Nike.
- 05/22/2023
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These 2 Stocks Are Raising Recession Fears
- Major benchmarks were mixed in afternoon trading on Wall Street. Foot Locker shares continued to lose ground as analysts lost confidence in the stock.
- 05/22/2023
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Want a pair of Vans? More than half of the shoes are being sold at a discount, analyst says.
- As sneaker companies weather a bout of subdued demand, at least one brand, Wedbush analysts say, seems to have suffered more than others: Vans.
- 05/22/2023
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Foot Locker stock stumbles on 1Q sales decline, revised guidance
- Foot Locker, Inc. (NYSE:FL) stock continued falling at the open on Monday, after crashing 25% on Friday after it reported a sharp decline in first-quarter sales and profits and lowered its full-year guidance. The New York-based athletic retailer reported total sales of $1.93 billion for the three months to April 29, 2023, an 11.4% decrease.
- 05/22/2023
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Foot Locker (FL) Lowers Guidance on Q1 Earnings & Sales Miss
- Foot Locker's (FL) first-quarter fiscal 2023 results reflect comparable sales decreasing 9.1% on lower income tax refunds in the United States and the changing vendor mix.
- 05/22/2023
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Top 5 Consumer Stocks That May Explode In May - Foot Locker (NYSE:FL), Mullen Automotive (NASDAQ:MULN)
- The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
- 05/22/2023
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FOOT LOCKER, INC. TO PRESENT AT THE BERNSTEIN 39th ANNUAL STRATEGIC DECISIONS CONFERENCE
- NEW YORK , May 22, 2023 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President & Chief Executive Officer, Frank Bracken, Executive Vice President & Chief Commercial Officer, and Robert Higginbotham, Interim Chief Financial Officer will present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31 st at 8:00 a.m. ET. A live link to the audio fireside chat will be accessible on footlocker-inc.
- 05/22/2023
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Foot Locker's Dividend Is in Trouble
- Foot Locker reported a steep decline in comparable sales and slashed its full-year guidance. Free cash flow is deeply negative, thanks in part to bloated inventories.
- 05/20/2023
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Final Trade: Bentley Systems, Gold, Boeing, Foot Locker
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 05/19/2023
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Markets Fall as Debt Ceiling Talks Pause
- U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.
- 05/19/2023
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Farfetch Limited stock surges, Foot Locker slides lower
- Yahoo Finance markets reporter Remy Blaire joins the Live Show to discuss the rise of Farfetch stock as revenue beats estimates, while Foot Locker shares decline on an earnings miss.
- 05/19/2023
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Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
- Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.
- 05/19/2023
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Dissecting Retail Earnings and Shifting Consumer Spending Trends
- It is no surprise that the combined weight of elevated inflation, rising interest rates, and uncertainty about the economy has forced consumers to change their spending behavior.
- 05/19/2023
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Foot Locker stock plunges after earnings miss
- Yahoo Finance Live's Diane King Hall discusses the drop in Foot Locker shares after reporting a miss on earnings.
- 05/19/2023
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Stocks mixed, Foot Locker plunges, Catalent surges in morning session
- Yahoo Finance markets contributor Remy Blaire breaks down the morning market action while also taking a look at shares of Foot Locker and Catalent.
- 05/19/2023
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Foot Locker, Inc. (FL) Q1 2023 Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL ) Q1 2023 Earnings Conference Call May 19, 2023 9:00 AM ET Company Participants Robert Higginbotham - Interim CFO and SVP, IR, Financial Planning & Analysis Mary Dillon - CEO, President & Director Franklin Bracken - EVP & Chief Commercial Officer Conference Call Participants Janine Stichter - BTIG Paul Kearney - Barclays Bank Corey Tarlowe - Jefferies Joseph Feldman - Telsey Advisory Group Arian Razai - Guggenheim Securities Amanda Douglas - JPMorgan Kate McShane - Goldman Sachs Group Operator Good morning, and welcome to Foot Locker's First Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
- 05/19/2023
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Sunny Markets Ahead of Fed Appearances; DE Beats, FL Misses
- Friday, May 19th, 2023 The markets keep on the sunny side again this morning, with indices looking to complete their best-performing weeks in almost two months. Following the Dow and S&P 500's highest closes since August 2022 and the Nasdaq's best day since May 5th, the Dow is up another +100 points at this hour, the S&P is +15 and the Nasdaq +30.
- 05/19/2023
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Softer customer demand and elevated inventories hurt our Q1, says Foot Locker CEO
- Mary Dillon, Foot Locker CEO, joins 'Squawk on the Street' to discuss the company's latest quarterly earnings results, the forward guidance surprise and how long it'll take for the company to be in a better position.
- 05/19/2023
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Foot Locker stock plummets on Q1 earnings miss, slashed guidance
- Yahoo Finance Live anchors Brad Smith and Julie Hyman discuss the drop in shares of Foot Locker as the company's Q1 earnings report fell below investor expectations.
- 05/19/2023
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Foot Locker (FL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Foot Locker (FL) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/19/2023
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Why Is Foot Locker (FL) Stock Down 25% Today?
- Foot Locker (NYSE: FL ) stock is taking a beating on Friday as investors react to the athletic apparel retail company's earnings report for the first quarter of 2023. The bad news for FL stock starts with the company's adjusted earnings per share of 70 cents.
- 05/19/2023
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Foot Locker Stock Crashes After Sales Plummet 11%
- Weak demand and increased discounts have pushed down the shoe retailer's sales expectations.
- 05/19/2023
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Foot Locker And The Ebbing Tide Of Discretionary Spending
- Foot Locker NYSE: FL is down 25% after reporting a horrible quarter. Repositioning efforts impact the results, but other details overshadow them.
- 05/19/2023
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Foot Locker trims guidance citing ‘aggressive markdowns'
- Foot Locker Inc (NYSE: FL) opened nearly 25% down on Friday after reporting worse than expected results for its first financial quarter. Foot Locker stock crashes on weak outlook The retail stock is crashing also because the shoe company trimmed its guidance for the full year on headwinds including a changing vendor mix.
- 05/19/2023
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Foot Locker (FL) Misses Q1 Earnings and Revenue Estimates
- Foot Locker (FL) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $1.60 per share a year ago.
- 05/19/2023
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Foot Locker shares drop 25% after big earnings miss, lower guidance
- Foot Locker shares plunged 25% in premarket trading Friday after the company missed earnings expectations and cut its guidance.
- 05/19/2023
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S&P 500 heads for first weekly gain in 3 as debt-ceiling hopes boost markets
- U.S. stock index futures paused Friday after a two-day rally, as investors focused on debt-ceiling talks and an address from Federal Reserve Chair Jerome Powell.
- 05/19/2023
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Foot Locker Spirals As Inventory Issues Trip Up Shoe-Sector Stocks
- Foot Locker stock dove early Friday after slashing its full year guidance. The earnings miss tripped shoe peers Nike, Crocs, Under Armour, retail partners.
- 05/19/2023
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Foot Locker shares tumble after big earnings miss
- CNBC's Becky Quick reports on the sneaker retailer's quarterly earnings results.
- 05/19/2023
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Foot Locker stock tumbles 22% on Q1 top and bottom line miss, lowered outlook
- Foot Locker Inc. FL, -0.10% stock is down 22.5% in premarket trades after the company reported first-quarter sales and earnings below analysts' expectations and lowered its outlook. The retailer reported net income of $36 million, compared with net income of $133 million in the prior year's quarter.
- 05/19/2023
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Foot Locker Stock Sinks on Massive Cut to Fiscal-Year Outlook
- Foot Locker also posts fiscal first-quarter earnings and sales that missed analysts' expectations.
- 05/19/2023
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Are Markets All-In on a "Soft Landing"?
- Markets swung back late in the day from early afternoon doldrums to close near session highs across the board.
- 05/18/2023
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Three stocks making moves post-earnings: AMAT, DE, and FL
- Boris Schlossberg, managing director of FX strategy at BK Asset Management, joins 'The Exchange' to discuss stocks making moves after earnings, with a focus on Applied Materials, Deere, and Foot Locker.
- 05/18/2023
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Put Traders Run Up Foot Locker Stock Before Earnings
- The shares of Foot Locker, Inc. ( NYSE:FL) are up 1.1% at $42.01 at last glance, as retailer gets ready to report second-quarter earnings before the open tomorrow, May 19.
- 05/18/2023
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Foot Locker (FL) Gears Up for Q1 Earnings: Here's What to Expect
- A tough macroeconomic backdrop including inflationary pressures is likely to have weighed on Foot Locker's (FL) performance during the first quarter of fiscal 2023.
- 05/15/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Carvana, Despegar.com, and Foot Locker this week. Carvana is up 51% this month -- more than doubling in 2023 -- on its recovery efforts.
- 05/15/2023
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Three-Stock Lunch: Home Depot, Walmart, and Foot Locker
- Gina Sanchez, Lido Advisors chief market strategist, joins ‘Power Lunch' to discuss three stocks: Home Depot, Walmart and Foot Locker.
- 05/12/2023
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Three-Stock Lunch: Micron, Rivian and Foot Locker
- Quint Tatro, Joule Financial founder, joins 'Power Lunch' with a breakdown on trading three stocks; Micron, Rivian and Foot Locker.
- 03/29/2023
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For Lace Up Read Buckle Up, As Foot Locker Rethinks Malls And Asia
- It's tough to figure out whether Foot Locker's latest results make it a flat track winner, or a middle distance plodder. Closing mall stores and moving to licence for much of Asia, project Lace Up is set to change the retailer's future direction.
- 03/29/2023
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UBS downgrades Foot Locker stock to Sell
- Yahoo Finance Live's Julie Hyman discusses a UBS analyst's decision to downgrade Foot Locker stock to Sell.
- 03/29/2023
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Foot Locker (FL) Rallies More Than 28% in 6 Months: Here's Why
- Foot Locker's (FL) robust strategic efforts and the digital business boost results. Also, management focuses on enhancing the company's presence internationally.
- 03/29/2023
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Analyst: Foot Locker Stock Will Struggle During a Recession
- Foot Locker Inc (NYSE:FL) stock is 1.2% lower ahead to trade at $39.46 this morning, after UBS downgraded the retailer to "sell," noting that the company will struggle in the event of a recession.
- 03/29/2023
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Foot Locker is closing 400 stores. They may become an eyesore
- Two major retail chains are closing roughly 800 stores. One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores.
- 03/29/2023
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Foot Locker CEO Mary Dillon on the state of retail, and the consumer
- Foot Locker CEO Mary Dillon sits down with Yahoo Finance Executive Editor Brian Sozzi at Shoptalk in Las Vegas to talk about the company's future and the state of the retail consumer. Dillon, who took the helm just under 7 months ago saying "The consumer's been under pressure for a while, even since last summer when inflation started going up,” adding that “our customers are adding this as a category that they want to participate in, but no doubt people are being more choiceful.
- 03/27/2023
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Foot Locker plans to move more stores ‘off-mall' in new rebranding strategy: CEO
- Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb Foot Locker CEO Mary Dillon sits down with Yahoo Finance Executive Editor Brian Sozzi at the 2023 Shoptalk Conference to discuss the company's new rebranding strategy and the outlook for the company. About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 03/27/2023
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Top Wall Street analysts prefer these five stocks despite ongoing uncertainty
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Foot Locker.
- 03/26/2023
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FOOT LOCKER, INC. TO PRESENT AT THE J.P.
- NEW YORK , March 22, 2023 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President & Chief Executive Officer, Frank Bracken, Executive Vice President & Chief Commercial Officer, and Robert Higginbotham, Interim Chief Financial Officer will present at the J.P. Morgan 9th Annual Retail Round Up Conference on Thursday, March 30 th at 11:00 a.m.
- 03/22/2023
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Nike CEO highlights direct-to-consumer strategy the day after the company's big Foot Locker announcement
- Despite Foot Locker's announcement, Nike CEO John Donahoe touted the success of Nike's direct-to-consumer (DTC) approach.
- 03/21/2023
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Foot Locker (FL) Q4 Earnings & Revenues Surpass Estimates
- Foot Locker's (FL) fourth-quarter fiscal 2022 results reflect comparable sales increasing 4.2% driven by traffic and access to high-quality inventory.
- 03/21/2023
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Foot Locker says it has ‘revitalized' its relationship with Nike to focus on ‘sneaker culture'
- Athletic-gear retail chain Foot Locker Inc. on Monday said it had “revitalized” its decades-long relationship with Nike Inc. to focus on basketball and sneaker culture and cultivating the “next generation of sneaker enthusiast” — moves that executives said could start to pay off later this year.
- 03/20/2023
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Foot Locker is closing 400 stores by 2026
- Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching its retail brands, introducing "experiential" new store concepts and simplifying its operations by closing underperforming mall-based stores.
- 03/20/2023
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These Monday Stock Movers Kept Wall Street on Its Toes
- Markets were generally higher on Monday. Foot Locker shares fell as the athletic goods retailer predicted a tough 2023 ahead.
- 03/20/2023
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Foot Locker CEO highlights chain's sales outlook across sneaker categories at investor day
- Foot Locker stock drops amid its investor day and sales guidance outlook that is reprioritizing its sneaker lines across categories.
- 03/20/2023
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Foot Locker to close 400 mall stores as it shifts focus to niche shops for sneakerheads, kids, and higher-income shoppers
- Foot Locker also plans to open more than 300 new format stores, including freestanding stores and stores for sneakerheads.
- 03/20/2023
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Why Foot Locker Shares Got Tripped Up Today
- Foot Locker beat earnings this morning, but both sales and earnings still declined. Management predicted continued declines into 2023 and perhaps 2024, and investors are not pleased.
- 03/20/2023
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Foot Locker sends investors running with weaker-than-expected fiscal 2023 outlook
- Foot Locker, Inc. (NYSE:FL) shares are on the back foot after the athletic retailer revealed a weaker-than-expected outlook for fiscal 2023, despite posting fourth-quarter earnings that topped expectations. The New York-based athletic retailer achieved fourth-quarter revenue of $2.334 billion, down 0.3% year-over-year from $2.341 billion, but ahead of the consensus expectation per FactSet of $2.146 billion.
- 03/20/2023
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Foot Locker stock rises following Q4 earnings, weaker-than-expected guidance
- Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the rise in stock for Foot Locker following fourth-quarter earnings, and the American sportswear and footwear retailer's plans to expand its sneaker line.
- 03/20/2023
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FL Stock Flirts With Buy Point After Foot Locker Earnings Beat
- Foot Locker gave weak 2023 guidance while unveiling a new growth strategy Monday after crushing earnings expectations for its fiscal fourth quarter.
- 03/20/2023
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Options Traders Target Foot Locker Stock After Earnings
- Foot Locker, Inc (NYSE:FL) topped Wall Street's expectations for its fourth-quarter results, after increased customer traffic and improved inventory drove top- and bottom-line wins.
- 03/20/2023
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Foot Locker: Slow And Steady Wins The Race
- Foot Locker (NYSE: FL) has been muscling through the pain of inflation, supply chain hiccups, and an uncertain economic environment to come out ahead. The company has been working to reposition itself for the times, and those efforts are clearly paying off.
- 03/20/2023
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Foot Locker touts 'renewed' Nike relationship as it reports slide in holiday-quarter profit
- Foot Locker touted a 'renewed' relationship with Nike after the sneaker maker moved away from wholesalers for its direct to consumer channels.
- 03/20/2023
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Foot Locker (FL) Tops Q4 Earnings and Revenue Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 86.54% and 8.71%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
- 03/20/2023
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Foot Locker Stock Sways on Mixed Outlook Ahead of Brand Revamp
- The company reported 97 cents in earnings for the fourth fiscal quarter, much higher than the 51 cents analysts were expecting.
- 03/20/2023
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New York Community Bank shares surge and Foot Locker's stock gains, but First Republic's stock hit by S&P downgrade
- Here are some of the biggest movers on Monday with banks again in focus, after Swiss authorities forced the takeover of Swiss bank Credit Suisse by its peer UBS.
- 03/20/2023
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Foot Locker stock slides premarket as weak guidance offsets Q4 beat
- Foot Locker Inc. stock FL, -1.03% fell 3.5% in premarket trade Monday, after the sporting goods retailer's weaker-than-expected guidance for fiscal 2023 offset a stronger-than-expected fourth quarter. The New York-based company posted net income of $19 million, or 20 cents a share, for the fiscal quarter to Jan. 28, down from $103 million, or $1.02 a share, in the year-earlier period.
- 03/20/2023
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Foot Locker (FL) Gears Up For Q4 Earnings: What to Expect
- A tough macroeconomic backdrop including inflationary pressures might have weighed on Foot Locker's (FL) performance during the fourth quarter of fiscal 2022.
- 03/17/2023
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Earnings Previews: Foot Locker, PDD (Pinduoduo), Tencent Music
- In the first half-hour of Friday trading, the Dow Jones industrials were down 0.57%, the S&P 500 down 0.25% and the Nasdaq down 0.08%.
- 03/17/2023
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3 Stocks Moving Higher on Analyst Upgrades
- Though bank stocks have been center stage of late, there are plenty of other noteworthy stocks to take a look at.
- 03/16/2023
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10 Biggest Companies Reporting Earnings in the Fourth Week of March 2023
- The fourth quarter 2022 earnings season is now almost over. However, fewer companies mentioned the term “recession” in the conference call transcripts this time.
- 03/15/2023
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Why Earnings Season Could Be Great for Foot Locker (FL)
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 03/14/2023
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Foot Locker (FL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Foot Locker (FL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 03/13/2023
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Should Value Investors Buy Foot Locker (FL) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/27/2023
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Why Foot Locker (FL) is Poised to Beat Earnings Estimates Again
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 02/22/2023
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Foot Locker (FL) Is Attractively Priced Despite Fast-paced Momentum
- Foot Locker (FL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/20/2023
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Are Investors Undervaluing Foot Locker (FL) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/08/2023
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FOOT LOCKER, INC. TO HOST INVESTOR DAY AND RELEASE FOURTH QUARTER FINANCIAL RESULTS ON MONDAY, MARCH 20, 2023
- NEW YORK , Feb. 8, 2023 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that the Company will report financial results for its fourth quarter ended January 28, 2023 before the U.S. market opens on Monday, March 20, 2023, followed by an Investor Day event later that morning in New York City. Mary Dillon, President and Chief Executive Officer, will be joined by members of the senior leadership team to discuss the Company's long-term strategic priorities, growth initiatives, and financial objectives, in addition to 2022 results.
- 02/08/2023
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Foot Locker Could Exceed Expectations
- Foot Locker, Inc.'s stock had a good start to 2023 and nearly doubled from July's lows seven months ago. The management raised its full-year guidance to $4.42 EPS.
- 02/06/2023
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Foot Locker (FL) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Foot Locker (FL) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 02/02/2023
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Foot Locker stock ticks up as Credit Suisse upgrades shoe retailer to Outperform
- Yahoo Finance Live checks out Foot Locker shares following a stock upgrade by Credit Suisse analysts.
- 02/01/2023
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Here's Why Foot Locker (FL) Stock Appears Promising Now
- Foot Locker's (FL) robust strategic efforts and digital business are boosting results. Also, management is focused on enhancing its presence internationally.
- 01/18/2023
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What Makes Foot Locker (FL) a New Buy Stock
- Foot Locker (FL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 01/17/2023
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Is Foot Locker (FL) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/17/2023
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Foot Locker (FL)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Foot Locker (FL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/17/2023
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Foot Locker (FL) Rallies More Than 43% in 6 Months: Here's Why
- Foot Locker's (FL) robust strategic efforts and the digital business boost results. Also, management focuses on enhancing the company's presence internationally.
- 01/04/2023
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This Beaten-Down Dividend Stock Is Starting to Look Attractive
- This soon-to-be Dividend King has been against the ropes in 2022, but it could be ready for a comeback.
- 12/31/2022
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Foot Locker Winds Down Sportswear Brand Business Eastbay.com
- Foot Locker is sunsetting its Eastbay.com sportswear brand business. The unit's distribution operations are to start winding down in January, and its Wausau, Wisconsin, facility is to be shut down by April, HITC reported Wednesday (Dec. 28).
- 12/28/2022
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What's Going On With Lululemon, Under Armor, Foot Locker And Dick's Sporting Goods Shares Today? - Nike (NYSE:NKE)
- Shares of several footwear and athletic apparel companies are trading higher Wednesday in sympathy with Nike Inc NKE, which jumped on better-than-expected financial results.
- 12/21/2022
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Foot Locker (FL) Rides High on Growth Strategies: Apt to Hold
- Foot Locker's (FL) robust strategic efforts and the digital business are boosting results. Also, management is focused on enhancing its international presence.
- 12/19/2022
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Foot Locker Is Down 21% From Its 52-Week High. Time to Buy?
- The company has a new star CEO and an attractive valuation. Is it time to load up on shares?
- 12/13/2022
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These 5 Stocks Look Attractive Following Broker Upgrades
- Broker-favorite stocks like American Airlines (AAL), Delek US Holdings (DK), Builders FirstSource (BLDR), Asbury Automotive (ABG) and Foot Locker (FL) should be on an investors' watchlist.
- 12/09/2022
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Prediction: These 2 Stocks Will Soar in 2023
- One stock surged in 2022, the other is a turnaround story. I think they're both ready to take off in 2023.
- 12/08/2022
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Foot Locker Finance Chief to Step Down in 2023
- The athletic retailer said in a Tuesday (Nov. 29) press release that the departure of Andrew Page — following the release of the company's next earnings report in January — comes amid a series of leadership changes designed to separate its commercial activities from its supply chain and IT functions.
- 11/30/2022
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Foot Locker CFO to depart next year
- Foot Locker Inc. FL, +2.66% said late Tuesday that Chief Financial Officer Andrew Page will leave the company after the fourth-quarter earnings report "to pursue other opportunities." The retailer is launching a search for a successor, with the help of a "leading" executive recruiting firm, it said.
- 11/29/2022
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Foot Locker Q3 2022 Earnings: Key Takeaways
- While demand has remained strong for FL's products, costs have substantially increased, negatively impacting the firm's margins and net income. Inventory management needs to be kept in mind too, as inventory levels have increased by as much as 30% year-over-year.
- 11/25/2022
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Will New Leadership Mean New Highs for These 3 Major Consumer Stocks?
- Superstar executives are taking the reins at Disney, Foot Locker, and Restaurant Brands International.
- 11/24/2022
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Foot Locker (FL) Stock Up 8.7% on Q3 Earnings and Sales Beat
- Foot Locker (FL) posts better-than-expected earnings for third-quarter fiscal 2022. FL's FLX membership program and omnichannel capabilities appear encouraging.
- 11/21/2022
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This Stock Is Surging After Impressive Earnings, and It Still Looks Like a Bargain
- This retailer surprised investors with a great earnings report, but the best could be yet to come.
- 11/21/2022
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Foot Locker CEO Dick Johnson on Q1 earnings and European market
- Foot Locker CEO Dick Johnson joins ‘Closing Bell' to discuss first-quarter earnings and why the company did not offer full-year guidance despite more brand visibility.
- 11/19/2022
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Why Foot Locker Stock Popped Today
- The sneaker retailer beat estimates and raised guidance.
- 11/18/2022
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Breaking Down Retail Earnings That Highlight Slowing Consumer Spending
- It is no surprise that the combined weight of elevated inflation, rising interest rates and uncertainty about the economy have forced consumers to change their spending behavior.
- 11/18/2022
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Foot Locker, Inc. (FL) Q3 2022 Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL ) Q3 2022 Earnings Conference Call November 18, 2022 9:00 AM ET Company Participants Robert Higginbotham - VP, IR Mary Dillon - President, CEO Frank Bracken - EVP, COO Andrew Page - EVP, CFO Conference Call Participants Robert Drbul - Guggenheim Securities Tom Nikic - Wedbush Securities Kate McShane - Goldman Sachs John Kernan - Cowen Michael Binetti - Credit Suisse Lorraine Hutchinson - Bank of America Jay Sole - UBS Matthew Boss - JPMorgan Corey Tarlowe - Jefferies Paul Lejuez - Citigroup Inc. Operator Good morning, and welcome to Foot Locker's Third Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
- 11/18/2022
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Foot Locker customers are showing extreme resilience, says CEO Mary Dillon
- Foot Locker CEO Mary Dillon joins CNBC's 'Squawk Box' to discuss the company's third-quarter earnings report, which beat Wall Street's expectations. Dillon also discusses the health of the U.S. consumer amid high inflation and more.
- 11/18/2022
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Foot Locker Stock Eyeing Best Day Since August
- Foot Locker, Inc. (NYSE:FL) stepped into the earnings confessional this morning to announce a third-quarter earnings and revenue beat, as well as a rise in comparable store sales.
- 11/18/2022
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Foot Lock stock opened 15% up on Friday: this is why
- Foot Locker Inc (NYSE: FL) opened nearly 20% up this morning after reporting market-beating results for its fiscal third quarter and lifting its guidance for the full financial year. CEO Dillon discussed the earnings print on CNBC Higher markdowns resulted in a 270 basis points hit to gross margin this quarter.
- 11/18/2022
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Foot Locker stock surges on earnings optimism
- Yahoo Finance Live anchors discuss quarterly earnings from Foot Locker.
- 11/18/2022
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Foot Locker stocks off on the right foot Friday morning on 3Q earnings, revenue beats
- Shares of Foot Locker Inc are off to the races Friday after the company's third-quarter results beat analysts' expectations. The footwear retailer posted revenue of $2.17 billion, a 1% decline from $2.19 billion in the third quarter of 2021, and earnings of $1.27 per share, a 34% dip from $1.74 per share a year earlier.
- 11/18/2022
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Foot Locker (FL) Beats Q3 Earnings and Revenue Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 16.51% and 2.73%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/18/2022
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What Is Going on With Foot Locker (FL) Stock Today?
- Foot Locker (NYSE: FL ) stock is running higher on Friday following the release of its earnings report for the third quarter of 2022. That earnings report starts out positive with the company bringing in adjusted earnings per share of $1.27.
- 11/18/2022
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Foot Locker Stock Soars On Earnings Beat, Raised Outlook
- Foot Locker earnings and sales declined, but the mall-based sneaker seller beat views and raised its outlook. Foot Locker stock jumped.
- 11/18/2022
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Foot Locker stock soars after surprise same-store sales gain and profit beat, raised full-year outlook
- Shares of Foot Locker Inc. FL, +5.00% soared 17.7% in premarket trading Friday, after the athletic footwear and apparel retailer reported fiscal third-quarter profit that beat expectations, a surprise increase in same-store sales and boosted its full-year outlook, citing "strong" demand from "resilient" customers. Net income for the quarter to Oct. 29, fell to $96 million, or $1.01 a share, from $158 million, or $1.52 a share, in the year-ago period.
- 11/18/2022
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Foot Locker expected to report earnings ahead of Friday's opening
- Foot Locker will announce its third-quarter earnings results before the opening bell on Friday morning.
- 11/17/2022
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Why Earnings Season Could Be Great for Foot Locker (FL)
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 11/17/2022
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Foot Locker Q3 Preview: Can Shares Rebound?
- FL shares have underperformed the general market across several timeframes in 2022, indicating that sellers have had a tight grip.
- 11/16/2022
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Foot Locker (FL) to Post Q3 Earnings: Key Factors to Note
- Supply-chain disruptions and inflationary pressures might have weighed on Foot Locker's (FL) performance during the third quarter of fiscal 2022.
- 11/14/2022
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Big Retail Earnings Week Ahead
- Big Retail Earnings Week Ahead.
- 11/14/2022
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Quiet Ahead of Retail Q3, Sales & Housing Data
- The Nasdaq is up nearly 1000 points from its cycle lows last week, which had put the tech-heavy index at lows not seen since the first summer of the Covid pandemic.
- 11/14/2022
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3 Incredibly Cheap Dividend Stocks
- Investing in value stocks with compelling dividend yields gives you multiple ways to win with your investments.
- 11/10/2022
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FOOT LOCKER, INC. TO REPORT THIRD QUARTER FINANCIAL RESULTS ON FRIDAY, NOVEMBER 18, 2022
- NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its third quarter ended October 29, 2022 before the U.S. markets open on Friday, November 18, 2022. A conference call is scheduled for the same day at 9:00 a.m.
- 11/02/2022
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FL vs. PPRUY: Which Stock Is the Better Value Option?
- FL vs. PPRUY: Which Stock Is the Better Value Option?
- 10/28/2022
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Foot Locker Suffers A One-Two Punch As It Cuts Ties With Yeezy And Nike Pulls Back
- The footwear retailer was already grappling with Nike's decision to sell fewer products in its stores when it cut ties this week with Ye-branded Yeezys from Adidas.
- 10/27/2022
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Foot Locker: Attractive Valuation At Over 10% Earnings Yield
- Foot Locker is a value stock with a simple, easy-to-understand business model and the ability to generate strong free cash flows. Long-term trends that are favorable to the company, such as the casualization at work and self-care through workouts, will lead to the growth of the company.
- 10/26/2022
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Foot Locker Drops Yeezy—Here Are The Companies Cutting Ties With Kanye West After His Antisemitic Comments
- Adidas said earlier this month it was putting its relationship with West “under review.”
- 10/26/2022
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7 Retail Stocks You Shouldn't Touch With a 10-Foot-Pole
- With a good deal of problems facing the domestic and global economies, it's time to consider these top retail stocks to sell. Fundamentally, one of the biggest drivers of this cautionary take centers on the Federal Reserve.
- 10/25/2022
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Foot Locker: Can New CEO Turn It Around
- New CEO, Mary Dillon, has an impressive track record and will attempt to turn around the business. Foot Locker needs to move stores out of malls and expand its e-commerce business.
- 10/20/2022
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Here's Why You Should Hold on to Foot Locker (FL) Stock Now
- Foot Locker's (FL) robust strategic efforts and digital business are boosting its performance. FL's membership program FLX also bodes well.
- 10/12/2022
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Here is What to Know Beyond Why Foot Locker, Inc. (FL) is a Trending Stock
- Foot Locker (FL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/06/2022
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Short-Term Bearish Options Traders Flock to Foot Locker Stock
- Foot Locker, Inc. (NYSE: FL) is an American retailer most known for selling sneakers.
- 10/04/2022
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Foot Locker (FL) Gains Above 30% in 3 Months: Here's Why
- Foot Locker's (FL) robust strategic efforts and the digital business are boosting results. Also, management is focused on enhancing presence internationally.
- 09/30/2022
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Is Trending Stock Foot Locker, Inc. (FL) a Buy Now?
- Recently, Zacks.com users have been paying close attention to Foot Locker (FL). This makes it worthwhile to examine what the stock has in store.
- 09/23/2022
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Foot Locker (FL) Rides High on Growth Strategies: Apt to Hold
- Foot Locker's (FL) robust strategic efforts and the digital business are boosting its performance. FL's membership program FLX also bodes well.
- 09/20/2022
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Is Most-Watched Stock Foot Locker, Inc. (FL) Worth Betting on Now?
- Recently, Zacks.com users have been paying close attention to Foot Locker (FL). This makes it worthwhile to examine what the stock has in store.
- 09/12/2022
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3 Great Dividend Stocks You Can Buy for Less Than $50
- Putting $50 to work with dividend stocks can get you started on the road to a lifetime of passive income.
- 09/10/2022
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Foot Locker Is Pivoting: Investors Should Still Be Cautious About the Stock
- As the retailer seeks to change direction, it isn't expecting a quick rebound ahead.
- 08/26/2022
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Foot Locker Just Because A Very Tempting Buy
- Ok readers, please take your seats and buckle up, because Foot Locker (NYSE: FL) looks like it's about ready to take off.
- 08/24/2022
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Foot Locker (FL) Stock Up 20% on Q2 Earnings & Sales Beat
- Foot Locker (FL) posts better-than-expected earnings for second-quarter fiscal 2022. FL's FLX membership program and omni-channel capabilities appear encouraging.
- 08/22/2022
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Morgan Stanley hikes Foot Locker rating after company names new CEO
- Shares of Foot Locker Inc. FL, +20.04% fell back by 1.3% in premarket trades on Monday, after a 20% jump in the previous session on plans by the company to hire Mary Dillon, the former CEO of Ulta Beauty Inc. ULTA, -1.47% , as its chief executive officer starting on Sept. 1. Following the news, Morgan Stanley analyst Alex Straton upgraded Foot Locker to equal-weight from underweight and raised the company's stock price target to $36 a share from $24 a share.
- 08/22/2022
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Price outlook for Foot Locker, Deer, and Coinbase with Chief Market Technician at Piper Sandler
- Craig Johnson, Chief Market Technician at Piper Sandler, joins 'Power Lunch' to review trends in shareholder activity for Foot Locker, Deer and Coinbase.
- 08/19/2022
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Three-Stock Lunch: Foot Locker, Deere and Coinbase
- Craig Johnson, chief market technician at Piper Sandler, joins 'Power Lunch' to talk about three stocks: Foot Locker, Deere and Coinbase.
- 08/19/2022
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Foot Locker stock pops on news of Ulta's Mary Dillon taking over as CEO
- Shares of Foot Locker are soaring upon news that Ulta CEO Mary Dillon will step in as the new chief executive.
- 08/19/2022
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Foot Locker has a new CEO | TheStreet
- Foot Locker has a new CEO, Wayfair announced job cuts and GM reinstates its dividend. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS PLUS | https://www.thestreet.com/signup/action-alerts-plus-video REAL MONEY PRO | https://www.thestreet.com/signup/real-money-video LINKEDIN | http://linkedin.com/company/theStreet FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en #Investing #Stocks #WallStreet
- 08/19/2022
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Foot Locker stock surges on second-quarter earnings beat and CEO transition
- Shares of Foot Locker Inc. rose 19.8% in Friday trading, boosted by the sneaker retailer's second-quarter results and CEO transition announcement.
- 08/19/2022
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q2 2022 Results - Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL ) Q2 2022 Earnings Conference Call August 19, 2022 9:00 AM ET Company Participants Robert Higginbotham - VP, IR Dick Johnson - Chairman, CEO Franklin Bracken - EVP, COO Andrew Page - EVP, CFO Conference Call Participants Jonathan Komp - Baird Cristina Fernández - Telsey Advisory Group Alex Straton - Morgan Stanley Corey Tarlowe - Jefferies Paul Lejuez - Citigroup Susan Anderson - B. Riley Adrienne Yih - Barclays Warren Cheng - EVercore ISI Operator Good morning, everyone, and welcome to Foot Locker's Second Quarter 2022 Financial Results Conference Call.
- 08/19/2022
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Foot Locker (FL) Stock Soars 20% on New CEO News
- Source: shutterstock.com/philip openshaw Struggling sportswear and footwear retailer Foot Locker (NYSE: FL ) may have just received a lifeline. Reportedly, the company is naming retail industry veteran Mary Dillon as CEO.
- 08/19/2022
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Foot Locker Pushes Off-Mall, eCom Amid Weak Spending
- When your consumers skew digital and your major vendors go direct to consumer (D2C), the store and mall formats that have worked in the past are no longer enough. And for Foot Locker, branching out becomes imperative — especially across digital channels.
- 08/19/2022
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Late Summer Period of Reflection; FL Beats, DE Mixed
- We are thankful for such a time, as it gives us a moment to pause and look back on what's transpired thus far in 2022.
- 08/19/2022
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Foot Locker stock is up 25% on Friday: find out why
- Foot Locker Inc (NYSE: FL) is up 25% on Friday after the footwear and apparel retailer reported better-than-expected profit for its fiscal second quarter. Foot Locker Q2 financial highlights Earned $94 million versus the year-ago $430 million Per-share earnings tanked to 99 cents from $4.09 On an adjusted basis, EPS came in at $1.
- 08/19/2022
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Foot Locker tops Q2 earnings estimates, taps Mary Dillon as next CEO
- Yahoo Finance Live anchors Brian Sozzi and Julie Hyman discuss second-quarter earnings for Foot Locker.
- 08/19/2022
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Foot Locker's stock skyrockets as sneaker chain names new CEO
- Mary Dillon, who was Ulta Beauty's executive chair and former CEO until June 21 ,will be taking the reins of the 2,800-store retail chain on Sept. 1.
- 08/19/2022
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Foot Locker Stock Eyes Six-Month Highs After Earnings
- Foot Locker, Inc (NYSE:FL) stock is surging ahead of the open, last seen up 21% to trade at $38.70, after the athletic apparel and shoe retailer's trip to the earnings confessional.
- 08/19/2022
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Foot Locker (FL) Surpasses Q2 Earnings and Revenue Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 46.67% and 0.62%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/19/2022
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Foot Locker stock rises pre-market on Q2 earnings beat; retailer announces CEO transition
- Shares of Foot Locker Inc. FL, -1.45% rose 18.8% before market open on Friday, boosted by the sneaker retailer's second-quarter results. Foot Locker's sales were $2.07 billion, compared with $2.28 billion in the same period last year and in line with Wall Street's estimate.
- 08/19/2022
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Foot Locker Stock Surges on Earnings Beat and New CEO
- The company announces that Richard Johnson will be retiring as president and chief executive, and former Ulta Beauty CEO Mary Dillon will take over his role.
- 08/19/2022
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Foot Locker appoints Mary Dillon as CEO
- Foot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.
- 08/19/2022
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Earnings Exchange: Applied Materials, John Deere & Foot Locker
- Quint Tatro, Joule Financial founder, joins ‘The Exchange' to discuss stocks ahead of earnings, including Applied Materials, John Deere and Foot Locker.
- 08/18/2022
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Can Foot Locker (FL) Keep the Earnings Surprise Streak Alive?
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 08/18/2022
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Foot Locker Q2 Preview: Another EPS Beat Inbound?
- Impressively, Foot Locker has chained together eight consecutive quarters of exceeding the Zacks Consensus EPS Estimate.
- 08/17/2022
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Foot Locker (FL) to Report Q2 Earnings: What's in the Offing?
- Supply-chain disruptions and high costs might have weighed on Foot Locker's (FL) performance during the second quarter of fiscal 2022.
- 08/17/2022
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The Institutions Trim Holdings Of High-Yielding Foot Locker, Inc
- Footlocker could be ready to sprint higher but it depends on the earnings and if the analysts and institutions start getting bullish again.
- 08/15/2022
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American Eagle And Foot Locker: 15% Annual Returns
- American Eagle and Foot Locker have sustainable dividends with yields north of 5%. We believe e-commerce fears are overblown when it comes to these businesses. They'll continue to benefit from strong brands, consumer wage growth, and share buybacks.
- 08/14/2022
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7 Retail Stocks Reporting Earnings the Week of August 15
- Retail stocks could have a busy few days as earnings season is in full swing. Next week we'll get quarterly prints from a series of leading retailers.
- 08/12/2022
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FOOT LOCKER, INC. TO REPORT SECOND QUARTER FINANCIAL RESULTS ON FRIDAY, AUGUST 19, 2022
- NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended July 30, 2022 before the U.S. markets open on Friday, August 19, 2022. A conference call is scheduled for the same day at 9:00 a.m.
- 08/03/2022
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Foot Locker: I'm Stocking Up At These Prices
- Foot Locker has strong competitive advantages, including a loyal customer base, efficient business model, and well-known brand. It's buying back shares aggressively and it maintains a positive cash position net of long-term debt.
- 07/28/2022
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Final Trades: Foot Locker, Vertex, BlackRock & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/20/2022
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FL vs. GPS: Which Stock Should Value Investors Buy Now?
- FL vs. GPS: Which Stock Is the Better Value Option?
- 07/19/2022
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Foot Locker and CVS Look Good on Price-to-Sales
- Stock market bargain hunters are a little like baseball scouts, trying to find talent that other teams have overlooked.
- 07/18/2022
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Foot Locker Looks Undervalued Based On Its Dividends
- Foot Locker's stock appears to be undervalued based on our valuation methods. Based on the Gordon growth model, the fair value of FL's share is estimated to be between $26 and $37.
- 07/16/2022
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Avoid the Short-Term Risk Embedded in This Shoe Retailer
- In 2021, Foot Locker's sales were higher than they have been in 20 years.
- 07/09/2022
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Why Foot Locker Stock Fell 15% This Week
- Nike had some potentially bad news about footwear sales in the second half of 2022.
- 07/01/2022
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Foot Locker: Stronger Than the Stock Price Signifies
- Mr. Market has not been kind to Foot Locker Inc. ( FL , Financial) since May of last year. And the GF Value Line warns, in red letters, “Possible Value Trap, Think Twice.
- 06/23/2022
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Nike earnings preview: Shift in demand and a pullback from Foot Locker could hurt results
- Nike Inc. is looking down at the heel, according to Seaport Research Partners, which downgraded the athletic giant to neutral from buy heading into fiscal fourth-quarter earnings, scheduled to be announced on June 27.
- 06/23/2022
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6 Beaten-Down Stocks With Promising Potential
- These six beaten-down stocks with promising potential can make a patient value investor money, especially if there is a good dividend yield. The post 6 Beaten-Down Stocks With Promising Potential appeared first on InvestorPlace.
- 06/21/2022
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Foot Locker: A Deep Value Play
- The risks have surfaced for Foot Locker (FL), but they may be overstated. We believe the company is still an essential intermediary. Shareholder-friendly management, economic tailwinds, and a low valuation signal now is the time to buy FL stock.
- 06/18/2022
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Two-minute drill: BROS, MAR & FL
- Noah Hamman, Advisorshares CEO, joins ‘Closing Bell: Overtime' to discuss some of his top names for investors' portfolios in the current environment.
- 06/08/2022
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7 High-Quality Dividend Stocks With High Yields
- These are the best dividend stocks with high yields to invest in now. BIP, EPR, FL, KMI, KHC, VTRS, and WBA can make great investments.
- 06/07/2022
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Consumers continue to find ways to buy sneakers, says Foot Locker CEO
- Richard Johnson, Foot Locker chairman, president & CEO, joins 'Closing Bell' to discuss a pulse check on the company's customer demand, how the inflation picture fits for Foot Locker and whether the company will rethink its store count and staffing.
- 06/03/2022
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FOOT LOCKER, INC. TO PRESENT AT THE EVERCORE ISI CONSUMER AND RETAIL CONFERENCE
- NEW YORK , May 31, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Richard Johnson, Chairman and Chief Executive Officer, and Andrew Page, Executive Vice President and Chief Financial Officer, will present at the Evercore ISI Consumer and Retail Conference on Thursday, June 9 th at 3:30 p.m. ET. A link to the live audio fireside chat will be available on www.footlocker-inc.com, and a replay will be available on the website for 90 days following the event.
- 05/31/2022
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Bring Comfort to Your Portfolio With This Shoemaker's Stock
- Ugg's parent company could help pad your portfolio.
- 05/26/2022
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5 Top Consumer Stocks To Watch Right Now
- Are these consumer stocks a buy amid the earnings season?
- 05/25/2022
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Foot Locker's (FL) Q1 Earnings Beat Mark, Revenues Rise Y/Y
- Foot Locker (FL) posts better-than-expected earnings for first-quarter fiscal 2022. Also, revenues increase year over year.
- 05/23/2022
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Jim Cramer says he likes these three smaller plays in battered retail sector
- "While retail's truly awful right now, it's not uniformly awful," the "Mad Money" host said.
- 05/20/2022
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Foot Locker Posts Mixed Q1 Earnings; Eyes Upper End Of FY22 Revenue, EPS Guidance
- Foot Locker Inc (NYSE: FL) reported first-quarter FY22 sales growth of 1% year-on-year to $2.17 billion, missing the consensus of $2.20 billion. Comparable-store sales decreased by 1.9%, with apparel significantly outpacing footwear.
- 05/20/2022
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Foot Locker pivots away from malls
- Yahoo Finance Live anchors Akiko Fujita and Brian Cheung discuss Foot Locker earnings, the company strategy of adding more stores outside of a mall and the acquisition of atmos.
- 05/20/2022
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Foot Locker Inc. (FL) CEO Richard Johnson on Q1 2022 Results - Earnings Call Transcript
- Foot Locker Inc. (NYSE:FL ) Q1 2022 Results Conference Call May 20, 2022 9:00 AM ET Company Participants Robert Higginbotham - VP, IR Richard Johnson - Chairman, CEO Andrew Page - EVP, CFO Franklin Bracken - EVP, COO Conference Call Participants Bob Drbul - Guggenheim Kate McShane - Goldman Sachs Corey Tarlowe - Jefferies John Kernan - Cowen Omar Saad - Evercore ISI Jay Sole - UBS Michael Binetti - Credit Suisse Tom Nikic - Wedbush Securities Lorraine Hutchinson - Bank of America Operator Good morning, everyone, and welcome to Foot Locker's First Quarter 2022 Financial Results Conference Call. [Operator Instructions] This conference may contain forward-looking statements that reflect management's current views of future events and financial performance.
- 05/20/2022
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Why Foot Locker Stock Rallied 12% at the Open Today
- The shoe retailer bucked the retail trend and rose despite a year-over-year earnings decline. Here's why.
- 05/20/2022
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Foot Locker Gains Stronger Foothold in Athletic Retail Market
- Foot Locker's stock price was up more than 5% in early trading Friday (May 20) after the company reported its fiscal 2022 first-quarter earnings results. The company's total sales jumped 1% for the three months ending April 30, although comparable store sales dropped about 2% in the same period, meaning shoppers are likely fulfilling their […]
- 05/20/2022
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Foot Locker reports mixed earnings, stronger apparel sales
- Yahoo Finance Live's Brad Smith and Julie Hyman discuss quarterly earnings for Foot Locker.
- 05/20/2022
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Foot Locker (FL) Q1 Earnings Top Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 8.84% and 1.88%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/20/2022
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3 Retailers That Defied First Quarter Headwinds
- The takeaway from Q1 earnings for the retailers (NYSEARCA: XRT) is slowing growth and margin compression. Those factors have the sector down across verticals but not all retailers are feeling the same pain.
- 05/20/2022
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Foot Locker shares rise after profit beat
- Foot Locker Inc. FL, -2.01% shares rose 4.1% in Friday premarket trading after it reported first-quarter profit that beat expectations. The athletic retailer posted net income of $133 million, or $1.37 per share, down from $202 million, or $1.93 per share, last year.
- 05/20/2022
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Foot Locker Stock Faces Key Trendline Ahead of Earnings
- Foot Locker, Inc. (NYSE:FL) stock's struggles on the charts aren't being helped by today's selloff on Wall Street.
- 05/18/2022
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Earnings Previews: Deere, Foot Locker, Ross Stores
- All three major U.S. equity indexes posted gains of more than 1% Tuesday but gave some of that back in premarket trading Wednesday.
- 05/18/2022
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Why Foot Locker (FL) Might Surprise This Earnings Season
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/18/2022
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Will Foot Locker (FL) Beat Estimates Again in Its Next Earnings Report?
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 05/17/2022
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Foot Locker (FL) to Post Q1 Earnings: Key Things to Note
- Sturdy growth in the digital realm and gains from strategic initiatives might have aided Foot Locker's (FL) sales in first-quarter fiscal 2022. However, supply-chain disruptions and high costs are woes.
- 05/16/2022
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Recession-Proof Stocks To Buy Now? 4 Retail Stocks To Know
- These retail stocks could be in focus ahead of April's retail sales data.
- 05/16/2022
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Don't Bet On Footlocker To Rebound After Q1 Earnings
- While Footlocker (NYSE: FL) could come out and surprise the market on Friday when it reports we aren't going to hold our breaths waiting for share prices to rebound. A number of factors are weighing on share prices and we see those forces driving the stock lower.
- 05/16/2022
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FOOT LOCKER, INC. TO PRESENT AT COWEN'S 6TH ANNUAL FUTURE OF THE CONSUMER CONFERENCE
- NEW YORK , May 16, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Richard Johnson, Chairman and Chief Executive Officer, and Andrew Page, Executive Vice President and Chief Financial Officer, will present at Cowen's 6th Annual Future of the Consumer Conference on Tuesday, May 24 th at 3:10 p.m. ET. A link to the live audio fireside chat will be available on www.footlocker-inc.com, and a replay will be available on the website for 90 days following the event.
- 05/16/2022
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Analysts Estimate Foot Locker (FL) to Report a Decline in Earnings: What to Look Out for
- Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/13/2022
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How the digital sneaker boom changed Foot Locker's business
- Foot Locker is the largest footwear retailer in the world with a strong brick-and-mortar presence, but can it keep up with the growing digital sneaker world?
- 05/10/2022
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Adidas, Foot Locker Enhance Partnership Around Customer Experience, Connectivity
- Sports apparel and footwear brand Adidas has expanded its partnership with athletic retailer Foot Locker, with a focus on product innovation, elevated experiences and deeper consumer connectivity, the companies said in a joint press release. As part of the broadened collaboration, Foot Locker will become Adidas' lead partner in basketball, accelerate so-called “energy” and “hype” […]
- 05/06/2022
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Foot Locker to focus more on Adidas as Nike lowers presence
- Foot Locker Inc is aiming to triple Adidas's sales of sneakers and other items at its stores, as it promotes the products of the German sportswear giant to counter Nike Inc's shrinking presence at the retail chain.
- 05/05/2022
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Foot Locker: Attractive Dividend And Share Buyback Program
- Foot Locker boasts a high, safe, and sustainable dividend of more than 5%. The company's board has authorized share buybacks up to $1.2 billion of the outstanding common stock.
- 05/05/2022
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FOOT LOCKER, INC. TO REPORT FIRST QUARTER FINANCIAL RESULTS ON FRIDAY, MAY 20, 2022
- NEW YORK , May 4, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its first quarter ended April 30, 2022 before the U.S. markets open on Friday, May 20, 2022. A conference call is scheduled for the same day at 9:00 a.m.
- 05/04/2022
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3 Below Book Value Stocks Paying Big Dividends
- Recently, I constructed a screen on the GuruFocus All-in-One Screener, a Premium feature, using the stock selection process described by Benjamin Graham in his classic book "The Intelligent Investor." I as screening for those equities that are trading below book value, pay dividends of greater than 3% and which trade on the New York Stock Exchange.
- 04/28/2022
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Bear of the Day: Foot Locker (FL)
- Can this athletic shoe retailer win back market share now that its biggest supplier is cutting back product?
- 04/20/2022
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Foot Locker subsidiary Champs Sports launching new format equipped with a basketball court and other attractions
- Champs Sports said Monday that it will launch the first Homefield location in Pembroke Pines, Fla., between April 22 and April 24.
- 04/18/2022
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Foot Locker's Champs Sports Enters Experiential Retail Game in Bid to Compete With Dick's, Nike
- Foot Locker brand Champs Sports is bucking the “store of the future” trend that brings smart retail into smaller spaces by opening its largest location yet — a 35,000-square-foot outpost in southern Florida that includes an indoor multi-sport court, according to a Modern Retail report Monday (April 18). Champs calls the new concept — set […]
- 04/18/2022
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Foot Locker: Bag A 5.3% Yield
- Nike's decision to go direct-to-consumer could weigh on FL's top-line in the near term, but the company is positioned for success in the long run. Meanwhile, Foot Locker has a strong track record of shareholder returns, and recently bumped its dividend to above pre-pandemic levels.
- 04/18/2022
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5 Analyst Favorite ‘Strong Buy' Stocks All Pay 5% and Higher Dividends
- Investors love dividend stocks. Not only do they provide dependable income, but they also give investors a great opportunity for solid total return.
- 04/06/2022
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Top Analysts Say 8 Q1 Underperforming Dividend Stocks Could Be Huge Q2 Winners
- After the first down quarter since 2020, many across Wall Street are examining the winners and losers for the quarter and shuffling the deck, looking for stocks that have the best upside potential for the second quarter and beyond.
- 04/05/2022
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Steep First-Quarter Losses Highlight Week
- This week saw the end of March as well as the end of the first quarter.
- 04/01/2022
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FOOT LOCKER, INC. TO PRESENT AT THE J.P.
- NEW YORK , April 1, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Richard Johnson, Chairman and Chief Executive Officer, and Andrew Page, Executive Vice President and Chief Financial Officer, will present at the J.P. Morgan 8th Annual Retail Round Up Conference on Thursday, April 7 th at 2:00 p.m.
- 04/01/2022
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Foot Locker Is A Bargain At These Prices
- Foot Locker Is A Bargain At These Prices
- 03/29/2022
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Final Trades: Foot Locker, Delta, Public Storage & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/28/2022
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Foot Locker Stock Plummets on Analyst Downgrade
- Foot Locker, Inc. (NYSE:FL ) stock was last seen down 5% to trade at $28.98, after Cowen and Company downgraded the equity to "market perform" from "outperform," and cut its price target to $34 from $42.
- 03/28/2022
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Foot Locker Stock Is Falling. It Just Lost Another Bull.
- Cowen & Co. analyst John Kernan cut his rating on Foot Locker (FL) to Market Perform from Outperform, and lowered his price target to $34 from $42.
- 03/28/2022
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Nike is focusing on its DTC business ‘at the expense of Foot Locker,' analyst says
- BTIG Managing Director Camilo Lyon joins Yahoo Finance Live to discuss company earnings for Nike as well as third quarter expectations amid supply chain disruptions.
- 03/21/2022
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Foot Locker names Hasbro vet to president of global brands role
- Foot Locker Inc. FL, -0.31% said Monday that it has named Samantha Lomow president of global brands. Lomow was previously president of branded entertainment at Hasbro Inc. HAS, -0.38%.
- 03/21/2022
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Foot Locker Earnings: The Big Takeaways
- It hurts when your biggest merchandise supplier shifts its marketing focus.
- 03/07/2022
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Foot Locker Stock: Why It Has A Lot More Room To Run
- Foot Locker's share price is down over 50% from its 52-week high after revealing that it expects to sell significantly fewer Nike products.
- 03/07/2022
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Bear of the Day: Foot Locker, Inc. (FL)
- Foot Locker's recent fall is part of a steady decline since last May, and Wall Street is increasingly worried about Nike's shift to its own direct-to-consumer business.
- 03/07/2022
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Foot Locker Has Been Thrown on the Clearance Rack -- Is It Now a Buy?
- Shares of Foot Locker have fallen sharply based on a shift away from Nike and a disappointing 2022 outlook. But is there a silver lining going forward?
- 03/04/2022
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Foot Locker Stock Has Gotten Hit Hard. Why It's a Buy.
- Foot Locker is diversifying away from main supplier Nike, which should generate profit for the retailer, some analysts say.
- 03/04/2022
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Final Trades: FedEx, Foot Locker, Cleveland-Cliffs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/03/2022
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Foot Locker shares are up 10% this week: is it too late to buy?
- Shares of Foot Locker Inc (NYSE: FL) have recovered nearly 10% this week but Gilman Hill's Jenny Harrington is convinced it's still not too late to buy the stock at a deep discount. Harrington's bull case for Foot Locker Inc FL was hit hard late last week after the shoe stores company offered disappointing guidance […] The post Foot Locker shares are up 10% this week: is it too late to buy?
- 03/01/2022
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There's still time to get into Foot Locker shares, says Gilman Hill's Jenny Harrington
- Jenny Harrington, chief executive officer of Gilman Hill Asset Management, joins the 'Halftime Report' to discuss why she bought more Foot Locker shares.
- 03/01/2022
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Swoosh: Why Nike's Foot Locker Exit Could Devastate Other Retailers
- The big footwear company's move to cut out distribution to Foot Locker is the canary in the coal mine when it comes to big brands pulling out of third party distribution
- 03/01/2022
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Foot Locker's (FL) Shares Down 30% Despite Q4 Earnings Beat
- Foot Locker (FL) posts robust results for fourth-quarter fiscal 2021 on solid gains from its strategic initiatives and brand diversification efforts.
- 02/28/2022
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The Hurt Foot Locker
- Foot Locker tanked 30% after released strong Q4-2021 results. 2022 revenue outlook was bad.
- 02/27/2022
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Why Foot Locker Stock Crashed Today
- A major supplier is ramping uo its direct-to-consumer efforts.
- 02/25/2022
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Foot Locker stock tanks as Nike competition looms over revenue forecast
- Yahoo Finance's Julie Hyman and Brian Sozzi discuss why Foot Locker stock is plummeting despite the shoe retailer's earnings beat.
- 02/25/2022
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3 Most-Shorted Stocks Near 52-Week Lows to Trade
- Don't let Russia or a bear market invasion in the Nasdaq dictate your next trade in these most-shorted stocks, listen to the long-term charts. The post 3 Most-Shorted Stocks Near 52-Week Lows to Trade appeared first on InvestorPlace.
- 02/25/2022
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This is how Nike just sent Foot Locker stock plummeting
- Shares of Foot Locker fell by as much as 35% during trading on Wall Street on Friday as the company said it expects profits to take a hit thanks to Nike's new strategy of selling direct to consumers.
- 02/25/2022
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Despite a Breakdown in Diplomacy Talks, S&P, Nasdaq, and Dow Are Surging
- U.S. and European stocks surged and the Nasdaq is looking at a weekly gain while Etsy shares are rising on solid earnings
- 02/25/2022
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Foot Locker shares plunge as Nike continues shift away from wholesale to sell more of its own gear
- Foot Locker Inc.'s stock plunged 31.5% on Friday as the athletic retailer unveiled a merchandise plan that includes less Nike Inc. gear.
- 02/25/2022
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Foot Locker, Inc. (FL) CEO Richard Johnson on Q4 2021 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Richard Johnson on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Options Traders Rush Foot Locker Stock After Earnings
- Foot Locker, Inc (NYSE:FL) stock is plummeting today, last seen down 26% to trade at $30.64, after the athletic apparel and shoe retailer's trip to the earnings confessional.
- 02/25/2022
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Foot Locker stock down 35%: what's disappointing shareholders?
- Foot Locker Inc (NYSE: FL) reported market-beating results for the fiscal fourth quarter and raised its dividend on Friday. Shares still tanked close to 35% on downbeat future guidance.
- 02/25/2022
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Foot Locker (FL) Q4 Earnings and Revenues Surpass Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 16.78% and 1.15%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2022
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Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products
- Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022.
- 02/25/2022
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Foot Locker shares slide 13% premarket as soft 2022 guidance offsets earnings beat
- Foot Locker Inc. shares FL, +3.86% slid 13% premarket Friday, after the athletic retailer offered weak guidance for 2022, offsetting a fourth-quarter earnings beat and news of a higher dividend. The company posted net income of $103 million, or $1.02 a share, for the quarter, down from $123 million, or $1.17 a share, in the year-earlier period.
- 02/25/2022
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Foot Locker (FL) to Report Q4 Earnings: Factors to Consider
- Sturdy growth in the digital realm and gains from strategic initiatives might have aided Foot Locker's (FL) sales in fourth-quarter fiscal 2021. However, supply-chain disruptions and high costs are woes.
- 02/24/2022
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Should You Buy Foot Locker (FL) Ahead of Earnings?
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/24/2022
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Option Trade: Play Foot Locker Earnings By Taking Advantage Of Expensive Premiums With This Strategy
- We're looking at an earnings play in Foot Locker, which is set to report Friday, before the market opens. With the uncertainty leading to higher premiums, now is the best time to be an option seller with this strategy.
- 02/23/2022
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5 ‘Strong Buy' Stocks With Dividend Hikes Expected This Week
- After years of a low interest rate environment, many investors have turned to equities, not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.
- 02/22/2022
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Foot Locker (FL) Expected to Beat Earnings Estimates: Should You Buy?
- Foot Locker (FL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/18/2022
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Read This Before Buying Foot Locker Stock's Dip
- Foot Locker, Inc. (NYSE:FL) has been struggling to gain traction on the charts for the better part of the year, shedding nearly 14% in the past 12 months.
- 02/17/2022
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Appaloosa takes stakes in several mall-based retailers, including Macy's & Kohl's
- Leslie Picker reports Appaloosa's 13F form for 'Closing Bell.'
- 02/14/2022
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5 Analyst Favorite Stocks to Buy With Dividend Hikes Expected This Week
- After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends, which help to provide an income stream.
- 02/14/2022
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Foot Locker is Ready to Leap Ahead
- Athletic footwear and apparel retailer Foot Locker (NYSE: FL) stock has fallen despite blowout earnings and raised guidance.
- 02/03/2022
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Why the Earnings Surprise Streak Could Continue for Foot Locker (FL)
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 02/02/2022
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Here's Why Foot Locker (FL) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 02/02/2022
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Wish names Foot Locker exec as new CEO, stock gains
- Wish parent company Contextlogic Inc. announced Monday that it found its new chief executive at Foot Locker Inc., and shares gained in late trading.
- 01/31/2022
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7 Undervalued Stocks That Won't Stay That Way for Long
- With growing concerns about stability inducing significant fear, contrarians may have an opportunity with undervalued stocks. The post 7 Undervalued Stocks That Won't Stay That Way for Long appeared first on InvestorPlace.
- 01/25/2022
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Is Foot Locker (FL) a Suitable Pick for Value Investors Now?
- Let's see if Foot Locker (FL) stock is a good choice for value-oriented investors right now from multiple angles.
- 01/11/2022
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Foot Locker: This Underdog Looks Set To Come Out On Top
- Foot Locker's business does not deserve to be trading near 52-week lows. The company is coming back strong from the pandemic with nine-month YTD sales up 23.5% as mall traffic recovers.
- 01/10/2022
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Foot Locker Stock Tripped Up by Downgrade
- The shares of Foot Locker, Inc (NYSE:FL) are down 3.8% to trade at $43.07 at last check, after J.P.
- 01/04/2022
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Why This Foot Locker Analyst Sees Margin Pressure Ahead
- Foot Locker, Inc. (NYSE:FL) is likely to lose market share, with the expansion of global brand Solo Brands Inc (NYSE:DTC) and wholesale competition, according to JPMorgan. The Foot Locker Analyst: Matthew Boss downgraded Foot Locker from Neutral to Underweight and reduced the price target from $60 to $42.
- 01/04/2022
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Foot Locker (FL) Rides High on Growth Strategies: Apt to Hold
- Foot Locker's (FL) robust strategic efforts and the digital business are boosting results. International expansion is another catalyst.
- 12/23/2021
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ETFs & Stocks to Win Despite Slowing November Retail Sales
- U.S. retail sales gained 0.3% sequentially in November 2021, following a 1.8% rise in October and well below market expectations of 08% as shoppers cut back on their discretionary spending due to the price inflation.
- 12/20/2021
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Foot Locker: Poised For Growth
- Contrary to consensus opinion, we think in-store footwear shopping will always have a meaningful market position because a large percentage of consumers like to ensure fit and comfort.
- 12/15/2021
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Foot Locker (FL) Introduces Cozi Brand This Holiday Season
- Foot Locker (FL) is committed to widening its portfolio and product assortments. It announces the launch of its first proprietary womenswear brand Cozi.
- 12/14/2021
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Foot Locker's Q3: Slowing Sales
- The retailer had some tough news for investors in its latest earnings report.
- 11/24/2021
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Foot Locker CEO: Supply chain crisis ‘puts a lot of pressure on the team to react'
- Foot Locker Chairman & CEO Richard Johnson joins Yahoo Finance's Brian Sozzi to discuss the business outlook of the apparel company going forward and why the company continues to hold so much cash on its balance sheet. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 11/24/2021
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Even With Supply Chain Risks, Foot Locker Is Highly Undervalued
- Even With Supply Chain Risks, Foot Locker Is Highly Undervalued
- 11/23/2021
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Foot Locker's (FL) Q3 Earnings Beat Estimates, Sales up Y/Y
- Foot Locker's (FL) third-quarter results gain on robust demand conditions, strong inventory levels and acquisitions. However, supply chain constraints are a concern.
- 11/22/2021
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Foot Locker stock forecast as shares plunge on supply chain warning
- On Friday, Foot Locker Inc. (NYSE:FL) shares plummeted by nearly 13% after announcing its fiscal third-quarter results. The company reported its most recent quarterly results before markets opened, beating the consensus for analyst expectations on revenue and earnings.
- 11/19/2021
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Foot Locker stock crushed, even after earnings beat
- Footlocker chairman and CEO Dick Johnson joins 'Closing Bell' with his outlook on the company's fourth quarter.
- 11/19/2021
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4 Top Stock Trades for Monday: LCID, HOOD, MU, FL
- Lucid Motors, Robinhood, Micron and Foot Locker were our top stock trades for Monday. Let's look at how the charts are setting up.
- 11/19/2021
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Foot Locker says supply-chain constraints will be a problem into next year, but inventory levels are ‘ready' for strong holiday demand
- Foot Locker Inc. said Friday that supply-chain troubles will persist throughout the holidays and into next year, and the stock tumbled, even as the athletic shoe and apparel retailer tried to dispel investor concerns by saying it had the inventory to support strong consumer demand.
- 11/19/2021
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q3 2021 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Dick Johnson on Q3 2021 Results - Earnings Call Transcript
- 11/19/2021
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Digital spending ramps up in major retail's quarterly earnings results
- CNBC's Courtney Reagan joins 'TechCheck' to report on the retail sector's recent digital boom after major retailers reported quarterly earnings.
- 11/19/2021
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Why Foot Locker Shares Are Falling Today
- Foot Locker Inc (NYSE: FL) is trading lower Friday after the company announced its third-quarter financial results and warned of persisting global supply chain constraints. Foot Locker reported quarterly adjusted earnings of $1.93 per share, which beat the estimate of $1.37 per share.
- 11/19/2021
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Foot Locker Stock Slides After Warning On Supply Chain Constraints; Beats Q3 Estimates
- Foot Locker Inc (NYSE: FL) reported third-quarter FY21 sales growth of 3.9% year-on-year, to $2.189 billion, beating the analyst consensus of $2.12 billion. Third-quarter comparable-store sales increased 2.2%.
- 11/19/2021
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Foot Locker (FL) Q3 Earnings and Revenues Top Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 41.91% and 2.42%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/19/2021
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Recap: Foot Locker Q3 Earnings
- Foot Locker (NYSE:FL) reported its Q3 earnings results on Friday, November 19, 2021 at 08:00 AM. Here's what investors need to know about the announcement.
- 11/19/2021
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Foot Locker reports big earnings beat and says inventory levels are 'ready' for the holidays, but stock falls
- Shares of Foot Locker Inc. FL, +3.54% fell 4.5% in premarket trading, even after the athletic shoe and apparel retailer reported Friday fiscal third-quarter adjusted profit and sales that rose above expectations, while cost of sales fell, and said it was "ready" for the holidays despite the supply chain issues. Net income fell to $158 million, or $1.52 a share, from $265 million, or $2.52 a share, in the year-ago period.
- 11/19/2021
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Earnings Previews: Applied Materials, Foot Locker, Ross Stores, Workday
- This week's earnings dump from retailers continued Wednesday morning, with reports from Target, TJX and Lowe's.
- 11/17/2021
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Why Foot Locker (FL) Might Surprise This Earnings Season
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 11/16/2021
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Here's How Foot Locker (FL) is Poised Ahead of Q3 Earnings
- Sturdy growth in the digital realm coupled with a robust portfolio and strategic initiatives might have aided Foot Locker's (FL) performance in third-quarter fiscal 2021.
- 11/15/2021
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5 Retailers Likely to Gain on Earnings Results This Month
- Five retailers will report earnings results this month. These are: HD, WMT, ROST , FL and DKS.
- 11/11/2021
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Foot Locker (FL) Dips More Than Broader Markets: What You Should Know
- In the latest trading session, Foot Locker (FL) closed at $54, marking a -1.3% move from the previous day.
- 11/10/2021
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Can Foot Locker (FL) Keep the Earnings Surprise Streak Alive?
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 11/09/2021
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Foot Locker (FL) Closes atmos Buyout, Expansion Plan on Track
- Foot Locker (FL) completes the buyout of atmos, which is likely to enhance the company???s global footprint in the Asia-Pacific market and establish a critical entry point in Japan.
- 11/02/2021
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5 Sports Apparel Stocks Gurus Are Batting With in October
- In light of Major League Baseball's World Series kicking off and expected surge in holiday retail shopping, five sports apparel stocks with a high number of gurus owning shares as of October are Nike Inc. ( NKE , Financial), PVH Corp. ( PVH , Financial), Skechers USA Inc. ( SKX , Financial), VF Corp. ( VFC , Financial) and Foot Locker Inc. ( FL , Financial).
- 10/27/2021
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Foot Locker (FL) Dips More Than Broader Markets: What You Should Know
- Foot Locker (FL) closed the most recent trading day at $48.51, moving -0.76% from the previous trading session.
- 10/22/2021
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Foot Locker's (FL) LCKR Launch to Tap Casual Wear Demand
- Foot Locker (FL) is committed to widen its portfolio and product assortments. It is set to introduce its apparel line LCKR, which is likely to cater to its customers' casual wear needs.
- 10/19/2021
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Foot Locker launching a new apparel line
- Foot Locker Inc. FL, -0.25% announced Monday that it's launching a new apparel line, LCKR by Foot Locker, focused on casual items like pullover hoodies and sweatpants on October 20. Items will be available in men's sizes ranging from S to XXL and be priced from $40 to $75.
- 10/18/2021
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Should Value Investors Buy Foot Locker (FL) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/15/2021
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7 Stocks to Buy From the Global X Health & Wellness ETF
- Health and wellness continue to be a focus for Americans. Here are seven stocks to buy from the Global X Health & Wellness ETF.
- 10/12/2021
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Foot Locker (FL) Benefits From Favorable Demand, Online Sales
- Robust demand conditions are fueling Foot Locker's (FL) women's and kids' footwear businesses as well as apparel and accessories sales. Its digital channel is also performing well.
- 10/12/2021
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Foot Locker: Stock Price Weakness Prompts Further Accumulation Of Shares
- We review our investment thesis on Foot Locker, following a significant stock price decline over the past couple of months.
- 10/08/2021
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Foot Locker (FL) Stock Moves -0.13%: What You Should Know
- In the latest trading session, Foot Locker (FL) closed at $46.59, marking a -0.13% move from the previous day.
- 10/04/2021
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Final Trades: PFE, IHI, YOU & FL
- The traders with their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Nadine Terman.
- 10/01/2021
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10 Cyclical Stocks to Buy After the Great Correction Plunge
- The investment pros are nervous about a big correction before 2022. Here are 10 cyclical stocks to buy for gains into next year and beyond.
- 10/01/2021
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BofA Bearish On Foot Locker After Nike Warns Of Supply Chain Issues
- Supply chain delays could continue to put Foot Locker, Inc's (NYSE:FL) earnings at risk in the first half of 2022, according to BofA Securities. The Foot Locker Analyst: Lorraine Hutchinson reinstated coverage of Foot Locker with an Underperform rating and a price target of $45.
- 09/30/2021
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Foot Locker Raises $400M Via Debt Offering
- Foot Locker Inc (NYSE: FL) has announced the pricing of a private offering of $400 million of its 4.000% Senior Notes due 2029. The Notes are priced at 100% of the principal amount.
- 09/30/2021
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Is Foot Locker (FL) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/29/2021
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Foot Locker to offer $400 million of 8-year high-yield bonds in private offering
- Sporting goods retailer Foot Locker Inc. FL, -0.08% said Wednesday it is offering $400 million of 8-year, high-yield bonds in a private offering. Proceeds will be used for general corporate purposes.
- 09/29/2021
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Foot Locker, Inc. Launches Senior Notes Offering
- NEW YORK, Sept. 29, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or the "Company"), the New York-based specialty athletic retailer, is launching a private offering of $400 million in aggregate principal amount of its Senior Notes due 2029 (the "Notes"), subject to market and other conditions.
- 09/29/2021
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Retail Sales Jump in August: 5 Solid Stocks to Buy (Revised)
- Rising fears over the pandemic once again saw people relying more on e-commerce in August, driving stocks like COST, TJX, CPRI, FL and GCO.
- 09/28/2021
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Why Foot Locker Shares Are Trading Lower Today
- Shares of footwear, apparel and sporting goods companies including Foot Locker Inc (NYSE: FL) are trading lower in sympathy with Nike Inc (NYSE: NKE), which reported worse-than-expected first-quarter fiscal 2022 financial results and cut its outlook amid supply chain issues. Nike reported quarterly earnings of $1.16 per share, which beat the estimate of $1.11 per share.
- 09/24/2021
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Foot Locker (FL) Closes WSS Buyout, Expansion Plan on Track
- Foot Locker (FL) is committed to expanding its portfolio via smart buyouts. It completed the buyout of the U.S.-based footwear and apparel retailer Eurostar, Inc. (WSS).
- 09/21/2021
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5 Stocks to Buy on a Rebounding Apparel Market
- People have finally started spending on clothing and apparel, helping stocks of The Gap (GPS), Foot Locker (FL) and The TJX Companies (TJX).
- 09/21/2021
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5 Must-Buy Stocks on Rebound in U.S. Retail Sales in August
- Shrugging off challenges, Foot Locker (FL), Macy's (M), Tapestry (TPR), Costco (COST) and Capri Holdings (CPRI) look well-poised to tap favorable consumer demand.
- 09/20/2021
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5 Stocks With High Net Income Ratio to Scoop Up Today
- BYD, FL, GDEN, TJX, and CROX qualified the screen for high net income ratio stocks.
- 09/20/2021
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Retail Sales Jump in August: 5 Solid Stocks to Buy
- Rising fears over the pandemic once again saw people relying more on e-commerce in August, driving stocks like COST, TJX, CPRI, FL and GCO.
- 09/20/2021
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Foot Locker, Inc. Completes Acquisition Of WSS
- NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or the "Company"), the New York-based specialty athletic retailer, today announced that it has completed its acquisition of Eurostar, Inc. ("WSS"), a U.S.-based athletic footwear and apparel retailer that primarily operates on the West Coast, for $750 million in cash, subject to customary adjustments.
- 09/20/2021
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7 Low Price-to-Sales Stocks to Buy in the Current Market
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like FL, GIII, NUS, MET, PIPR, HIBB, and SMP are promising picks.
- 09/17/2021
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Holiday Retail Sales Likely to Climb This Year: 7 Top Picks
- We have narrowed down our search to seven retailers with strong potential for the rest of 2021. These are: FL, GPS, BBY, ULTA, M, KSS and RH.
- 09/17/2021
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Down 8% in 4 Weeks, Here's Why You Should You Buy the Dip in Foot Locker (FL)
- The heavy selling pressure might have exhausted for Foot Locker (FL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 09/15/2021
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Holiday Season Sales Projected to Hit New High: 5 Winners
- Retailers with a strong online presence like RH (RH), The TJX Companies, (TJX), Capri Holdings (CPRI), Foot Locker (FL), and Genesco (GCO) are likely to benefit in the near term.
- 09/15/2021
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Is Foot Locker (FL) Outperforming Other Retail-Wholesale Stocks This Year?
- Is (FL) Outperforming Other Retail-Wholesale Stocks This Year?
- 09/13/2021
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Why Foot Locker (FL) is Such a Great Value Stock Pick Right Now
- Foot Locker (FL) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 09/09/2021
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Earnings Estimates Rising for Foot Locker (FL): Will It Gain?
- Foot Locker (FL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 09/02/2021
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Scoop Up These 7 Low Price-to-Sales Stocks Reflecting Strength
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like FL, MT, NUS, MET, PIPR, KBH, and SMP are promising picks.
- 09/01/2021
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Has Foot Locker (FL) Outpaced Other Retail-Wholesale Stocks This Year?
- Is (FL) Outperforming Other Retail-Wholesale Stocks This Year?
- 08/26/2021
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Here's Why Foot Locker's Growth Could Speed Up Through Late 2021
- It's an unusually favorable selling environment in the footwear niche today.
- 08/26/2021
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Foot Locker's focus is truly on the primary market that connects to the buyers and sellers: CEO
- Foot Locker CEO Dick Johnson joins Yahoo Finance's Reggie Wade and Brian Sozzi to discuss why Foot Locker is continuing to outperform in the retail market despite a decline in consumer confidence, the reasoning behind the company's latest acquisitions, and how Foot Locker is dealing with inventory constraints. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 08/23/2021
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Foot Locker and Adidas join list of companies citing COVID-related supply chain challenges in Vietnam heading into the holiday shopping season
- Foot Locker Inc., Adidas AG and Buckle Inc. are among the latest companies to cite headwinds from COVID-related facility shutdowns in Vietnam that could put inventory levels at risk in the coming months.
- 08/23/2021
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Foot Locker's (FL) Q2 Earnings Beat, Comps Increase 6.9% Y/Y
- Foot Locker (FL) posts robust results for second-quarter fiscal 2021 on solid gains from the women's and kids' footwear businesses as well as robust demand for apparel and accessories.
- 08/23/2021
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What's Behind Foot Locker's Big Earnings Beat?
- Aug.20 -- Foot Locker CEO Richard Johnson joins "Bloomberg Technology" to talk consumer trends in the apparel and footwear industry, new acquisitions and the supply chain issues impacting the sneaker ecosystem.
- 08/20/2021
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q2 2021 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Dick Johnson on Q2 2021 Results - Earnings Call Transcript
- 08/20/2021
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Why Foot Locker Stock Jumped Today
- A sharp rebound in profits from pandemic lows has investors excited.
- 08/20/2021
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More Q2 Earnings Beats, Markets in the Green
- We are seeing a bit of a rally in this final trading session for the week: the Dow is +48, the S&P 500 +8 and the Nasdaq is +55 points.
- 08/20/2021
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Foot Locker Cashes In On Supply Constraints
- Foot Locker Inc. benefitted during the fiscal quarter that ended July 31 from strong demand and relatively low supplies of products — factors that combined let the supplier of athletic shoes and apparel maintain sales without having to discount heavily, a top executive with the company said in its recent earnings announcement. “Many of the […]
- 08/20/2021
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Here's why Foot Locker shares are up 10% on Friday morning
- Foot Locker Inc. (NYSE: FL) reported its financial results for the second quarter on Friday that beat Wall Street estimates by a significant margin. Shares of the company were about 10% up in premarket trading.
- 08/20/2021
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FootLocker, Deere Become Latest Major Companies To Impress With Earnings Results
- We're on track for a losing week, though stocks continue to show resilience. Thursday was the most recent example.
- 08/20/2021
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Why Foot Locker Shares Are Trading Higher Today
- Foot Locker Inc (NYSE: FL) is trading higher Friday after the company announced better-than-expected second-quarter financial results. Foot Locker reported quarterly earnings of $2.21 per share, which beat the estimate of $1 per share.
- 08/20/2021
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Foot Locker (FL) Q2 Earnings and Revenues Surpass Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 104.63% and 7.77%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/20/2021
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Foot Locker Rises, Ross Stores Falls, and the Stock Market Is Mostly Lower
- Stocks were set for a lower open on Friday, as concerns around weaker-than-expected economic growth continued to mount.
- 08/20/2021
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Foot Locker Shares Increase Over 8% Pre-Market: Why It Happened
- The shares of Foot Locker, Inc. (NYSE: FL) increased by over 8% pre-market. This is why it happened.
- 08/20/2021
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Foot Locker shares soar on huge earnings beat, retailer optimistic about second half of the year
- Foot Locker shares soared Friday after the company crushed fiscal second-quarter earnings estimates and voiced optimism about the back half of the year.
- 08/20/2021
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Foot Locker: Q2 Earnings Insights
- Shares of Foot Locker (NYSE:FL) rose 6.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 211.27% over the past year to $2.21, which beat the estimate of $1.00.
- 08/20/2021
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Foot Locker shares jump after profit blows past expectations
- Foot Locker Inc. FL, +1.27% shares jumped 8% in Friday premarket trading after the athletic retailer reported second-quarter earnings that far exceeded expectations. Net income totaled $430 million, or $4.09 per share, up from $45 million, or 43 cents per share, last year.
- 08/20/2021
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Foot Locker, Inc. Reports 2021 Second Quarter Results
- NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended July 31, 2021. Second Quarter Results The Company reported net income of $430 million, or $4.09 per share, for the 13 weeks ended July 31, 2021, as compared with net income of $45 million, or $0.43 per share, for the corresponding prior-year period, and $60 million, or $0.55 per share, earned in the second quarter of 2019.
- 08/20/2021
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This Shoe Store Company Has A Better One-Year Return Than Amazon, Apple, Disney, Microsoft, Netflix, PayPal and Tesla
- Foot Locker, Inc. (NYSE: FL) always reminds me of simpler times, such as scouring the local mall for the hottest pair of new sneakers while eating a jumbo pretzel from the food court. Surprisingly, the company's stock has been on a tear, trading up more than 90% in the last year.
- 08/19/2021
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Foot Locker: I Just Don't Understand Why They Exist
- Foot Locker: I Just Don't Understand Why They Exist
- 08/19/2021
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Foot Locker Increases Dividend Days Ahead Quarterly Report
- Foot Locker, Inc. (NYSE:FL) is an American sportswear and footwear retailer.
- 08/18/2021
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Is a Surprise Coming for Foot Locker (FL) This Earnings Season?
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/18/2021
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Foot Locker: Accretive Acquisitions Enhance The Longer-Term Earnings Trajectory
- Foot Locker has announced the acquisition of WSS and atmos for a combined c. $1.1 billion. The acquisitions add to the revenue growth outlook and look set to be earnings accretive as well.
- 08/17/2021
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Foot Locker (FL) Hikes Dividend by 50%: What Else to Know
- Foot Locker (FL) is focused on enhancing its shareholder value and making investments in the business. The company hikes dividend by 50% to 30 cents a share.
- 08/17/2021
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Foot Locker, Inc. Declares Quarterly Dividend Of $0.30 Per Share, A 50% Increase
- NEW YORK, Aug. 16, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.30 per share, an increase of $0.10 per share or 50%, which will be payable on October 29, 2021 to shareholders of record on October 15, 2021. "We are announcing a significant increase to our quarterly dividend payment, which is a reflection of our continued focus on delivering meaningful returns of cash to our shareholders, while at the same time funding significant investments in strategic growth opportunities," said Richard Johnson, Chairman and Chief Executive Officer.
- 08/16/2021
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Factors Setting the Tone for Foot Locker (FL) in Q2 Earnings
- Sturdy growth in the digital realm coupled with a robust brand portfolio and strategic initiatives might have aided Foot Locker's (FL) performance in second-quarter fiscal 2021.
- 08/16/2021
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Foot Locker (FL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Foot Locker (FL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 08/13/2021
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Why the Earnings Surprise Streak Could Continue for Foot Locker (FL)
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 08/13/2021
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Foot Locker vs. Kohl's: Two traders pick favorites after stocks get analyst love
- The technical setup in Kohl's could take the stock back to its old highs, says Inside Edge Capital Management founder Todd Gordon.
- 08/12/2021
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Foot Locker (FL) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Foot Locker (FL) closed at $57.74, marking a +1.98% move from the previous day.
- 08/11/2021
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Foot Locker, Inc. To Report Second Quarter Financial Results On Friday, August 20, 2021
- NEW YORK, Aug. 4, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended July 31, 2021 before the U.S. markets open on Friday, August 20, 2021. A conference call is scheduled for the same day at 9:00 a.m.
- 08/04/2021
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FL or JWN: Which Is the Better Value Stock Right Now?
- FL vs. JWN: Which Stock Is the Better Value Option?
- 08/04/2021
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DLA Piper advises Foot Locker in US$360 million acquisition of atmos
- NEW YORK, Aug. 4, 2021 /PRNewswire/ -- DLA Piper represented Foot Locker, Inc. (NYSE: FL) in its recent agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium global retailer headquartered in Japan, for US$360 million, with additional purchase price consideration based on performance targets.
- 08/04/2021
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Foot Locker (FL) Boosts Expansion Strategy, To Buy WSS & atmos
- Foot Locker (FL) is focused on its growth strategy. The company lends a consent to purchase WSS and atmos to add capabilities to its portfolio.
- 08/03/2021
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Sneaker Giant Foot Locker Snaps Up Two Rival Retailers for $1.1 Billion
- In the shoe business, everybody wants a bigger footprint. That certainly includes American sneaker and sportswear giant Foot Locker, which.
- 08/02/2021
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Pre-Markets Up on Begining of August
- Pre-Markets Up on Begining of August
- 08/02/2021
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Pre-Markets in Green to Start August, Big Week for Q2 Earnings
- Stock futures point to a higher opening today to start August.
- 08/02/2021
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Foot Locker bets $1.1B in two non-mall retailers
- Foot Locker Inc. (NYSE: FL) is enhancing its expansion in the Asia Pacific and North America after it entered definitive agreements to acquire Text Trading Company (atmos) and Eurostar Inc. The company is diversifying its product mix and store footprint by adding top-tier products and partnerships expected to be earnings accretive this year. Foot Locker […] The post Foot Locker bets $1.1B in two non-mall retailers appeared first on Invezz.
- 08/02/2021
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Foot Locker Acquires Retailers Atmos, Eurostar For Aggregate $1.1B
- Specialty athletic retailer Foot Locker Inc (NYSE: FL) has acquired Text Trading Company K.K . (atmos), a retailer headquartered in Japan, for $360 million, and Eurostar Inc (WSS), a U.S.-based athletic footwear and apparel retailer, for $750 million.
- 08/02/2021
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Buy These 7 Low Price-to-Sales Stocks for Standout Returns
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like BSET, FL, SIG, MET, MT, SNDR and VSH are promising picks.
- 08/02/2021
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Foot Locker, Inc. Accelerates Asia-Pacific Expansion with Acquisition of atmos
- NEW YORK, Aug. 2, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or the "Company"), the New York-based specialty athletic retailer, today announced it has entered into a definitive agreement to acquire Text Trading Company, K.K. ("atmos"), which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan, for $360 million.
- 08/02/2021
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Foot Locker to buy two retailers for $1.1 billion - WSJ
- Footwear retailer Foot Locker Inc will buy two retailers for a total of about $1.1 billion in cash deals, the Wall Street Journal reported on Monday.
- 08/02/2021
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Foot Locker to spend $1.1 billion to buy 2 retailers, WSJ reports
- Foot Locker Inc. is spending about $1.1 billion in cash to buy two retailers in separate deals, which are expected to be announced as early as Monday, according to a report in The Wall Street Journal. Foot Locker's stock was still inactive in premarket trading.
- 08/02/2021
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Has Foot Locker (FL) Outpaced Other Retail-Wholesale Stocks This Year?
- Is (FL) Outperforming Other Retail-Wholesale Stocks This Year?
- 07/29/2021
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5 Apparel Stocks Set to Pull Off a Beat This Earnings Season
- Apparel companies are likely to have displayed a great show this earnings season with the resumption of social activities. Companies like FL, CPRI, UAA, VFC and RL are expected to have gained.
- 07/28/2021
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Goldman Sachs Starts Coverage on 4 Sizzling Stocks to Buy Now
- With 2021 more than half over and the third quarter in full swing, many investors are resetting for what could be a more volatile rest of the year.
- 07/26/2021
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Top Stock Picks for Week of JULY 23, 2021
- Top Stock Picks for Week of JULY 23, 2021
- 07/24/2021
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A Quality Exec Comp Plan Lowers The Risk Of Investing In Foot Locker
- Get a look at one of the stocks in this month's Model Portfolio.
- 07/23/2021
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Why Foot Locker Is A Buy, According To Goldman Sachs
- Foot Locker, Inc. (NYSE:FL) has released many more new sneakers than its competitors, which further differentiates the company from other retailers and allowing for ongoing pricing power and top-line growth, according to Goldman Sachs. The Foot Locker Analyst: Kate McShane initiated coverage of Foot Locker with a Buy rating and a price target of $70.
- 07/22/2021
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FL vs. JWN: Which Stock Should Value Investors Buy Now?
- FL vs. JWN: Which Stock Is the Better Value Option?
- 07/19/2021
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Tap These 7 Low Price-to-Sales Stocks With Upside Potential
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like BSET, FL, SIG, HUN, MT, SNDR and HTH are promising picks.
- 07/16/2021
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Bull of the Day: Foot Locker (FL)
- Investors getting their kicks with this retailer.
- 07/15/2021
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7 Retail Stocks on a Bull Run: Up More Than 40% YTD
- Target (TGT), Macy's (M), Sally Beauty (SBH), Foot Locker (FL), DICK'S Sporting (DKS), AutoNation (AN) and Red Robin Gourmet (RRGB) look well poised to tap favorable consumer environment and upbeat momentum in the economy.
- 07/06/2021
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Americans Overhaul Wardrobes: 4 Apparel Retailers in Focus
- Apparel retailers like Abercrombie (ANF), Children's Place (PLCE), Foot Locker (FL) and Boot Barn (BOOT) are gaining on budding demand as Americans have started venturing out.
- 07/06/2021
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FL or JWN: Which Is the Better Value Stock Right Now?
- FL vs. JWN: Which Stock Is the Better Value Option?
- 07/02/2021
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How Foot Locker Stock Can Continue to Benefit From Nike's Success
- Jefferies analyst Janine Stichter reiterated a Buy rating and $80 price target on Foot Locker.
- 07/01/2021
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Why Foot Locker (FL) Could Be a Top Value Stock Pick
- Foot Locker (FL) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 07/01/2021
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7 Low Price-to-Sales Stocks for Value-Focused Investors
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like NUS, FL, SIG, MET, MT, VSH and SMP are promising picks.
- 06/30/2021
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5 Retail Stocks That Appear to Be Solid Bets for 2H
- Sally Beauty (SBH), Foot Locker (FL), Home Depot (HD), Tapestry (TPR) and Lowe's (LOW) look well poised to tap favorable consumer environment and upbeat momentum in the economy.
- 06/29/2021
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Top Stock Picks for Week of June 28, 2021
- Tracking a Favorable Momentum and Transportation Stock.
- 06/28/2021
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New Strong Buy Stocks for June 28th
- New Strong Buy Stocks for June 28th
- 06/28/2021
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Foot Locker (FL) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Foot Locker (FL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 06/28/2021
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Why Athletic Apparel And Footwear Companies Are Trading Higher Today
- Dick's Sporting Goods Inc (NYSE: DKS), Under Armour Inc (NYSE: UA) and Foot Locker Inc (NYSE: FL) are trading higher Friday in sympathy with Nike Inc (NYSE: NKE) after the athletic apparel and footwear retailer reported better-than-expected financial results. What Happened: Nike reported quarterly earnings of 93 cents per share, which beat the estimate of 51 cents per share.
- 06/25/2021
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5 Stocks to Tap Burgeoning Demand in Retail-Apparel & Shoes Industry
- 5 Stocks to Tap Burgeoning Demand in Retail-Apparel & Shoes Industry
- 06/23/2021
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JWN vs GPS: Which Retail Stock is Better Placed at the Moment?
- With the retail industry being poised for solid growth in the near term, here's a comparative analysis of Nordstrom (JWN) and Gap (GPS) to determine which stock is poised to shine in the future.
- 06/23/2021
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5 Retail Stocks That Look Promising Despite Soft May Sales
- Sally Beauty (SBH), Buckle (BKE), Foot Locker (FL), Home Depot (HD) and Dave & Buster's Entertainment (PLAY) look well poised to tap favorable consumer environment and upbeat momentum in the economy.
- 06/21/2021
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2 Hot Growth Stocks to Buy This Month
- Due to less concern over inflation and lower treasury yields, growth stocks are once again outperforming their value counterparts. Foot Locker and Signet Jewelers are two growth stocks poised to see their shares rise in the weeks ahead.
- 06/18/2021
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New Strong Buy Stocks for June 16th
- New Strong Buy Stocks for June 16th
- 06/16/2021
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FL vs. JWN: Which Stock Should Value Investors Buy Now?
- FL vs. JWN: Which Stock Is the Better Value Option?
- 06/16/2021
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Tap These 7 Low Price-to-Sales Stocks for Portfolio Gains
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like BSET, FL, HVT, DKS, MT, VSH and SMP are promising picks.
- 06/16/2021
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Is Foot Locker (FL) Stock a Solid Choice Right Now?
- Foot Locker (FL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/10/2021
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New Strong Buy Stocks for June 8th
- New Strong Buy Stocks for June 8th
- 06/08/2021
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Foot Locker: Quality Value Drivers And Earnings Attracting Investor Optimism
- Foot Locker had a good 1-year run and we see this continuing due to the stock's increased correlation with the S&P 500.
- 06/04/2021
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6 Retail Stocks To Play the Reopening
- Americans are opening their wallets and these 6 stocks can help you capitalize on the trend.
- 06/02/2021
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Top Ranked Momentum Stocks to Buy for June 2nd
- Top Ranked Momentum Stocks to Buy for June 2nd
- 06/02/2021
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New Strong Buy Stocks for June 2nd
- New Strong Buy Stocks for June 2nd
- 06/02/2021
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7 Low Price-to-Sales Stocks to Craft a Winning Portfolio
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like GIII, FL, HVT, JHG, MT, VSH and SMP are promising picks.
- 06/01/2021
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Foot Locker's Q1 Earnings: 3 Big Takeaways
- The footwear giant's business rebounded nicely this past quarter.
- 06/01/2021
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FL vs. JWN: Which Stock Is the Better Value Option?
- FL vs. JWN: Which Stock Is the Better Value Option?
- 05/31/2021
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2 Top Stocks to Buy in June
- These strong-performing retailers are working hard to put the (still active) pandemic behind them.
- 05/30/2021
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Foot Locker (FL)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Foot Locker (FL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/26/2021
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Foot Locker CEO on summer and back-to-school shopping outlook: 'We see the economy truly opening up'
- Yahoo Finance's Brian Sozzi, Julie Hyman, and Myles Udland recap Foot Locker CEO Richard Johnson's comments on back-to-school shopping, and discuss their favorite shopping trends as the summer season picks up. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 05/25/2021
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Foot Locker Chairman and CEO says, 'There is positive momentum behind the business'
- Foot Locker Chairman and CEO Richard Johnson joined Yahoo Finance's Brian Sozzi to break down the company earnings and outlook. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 05/24/2021
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Foot Locker (FL) Q1 Earnings Beat Estimates, Sales Up Y/Y
- Foot Locker's (FL) first-quarter results reflect gains from consumers' strong response toward the company's assortments in stores and digital channels.
- 05/24/2021
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4 Top Stock Trades for Monday: F, NVDA, FL, SPCE
- Ford, Nvidia, Foot Locker and Virgin Galactic were our top stock trades for Monday. That said, let's get a look at the charts now.
- 05/21/2021
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Foot Locker CEO Dick Johnson on Q1 earnings and European market
- Foot Locker CEO Dick Johnson joins ‘Closing Bell' to discuss first-quarter earnings and why the company did not offer full-year guidance despite more brand visibility.
- 05/21/2021
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Foot Locker, Inc. (FL) CEO Richard Johnson on Q1 2021 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Richard Johnson on Q1 2021 Results - Earnings Call Transcript
- 05/21/2021
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Foot Locker Keeps Focus On Stores As It Takes Victory Lap For Q1
- From a macro retailing perspective, Foot Locker's earnings results for Q1 put a ribbon on a stellar week for U.S. retailing. Its success joined Macy's, Walmart, Target and others in showing that the stimulus-fueled consumer is ready to spend as the economy reopens.
- 05/21/2021
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Foot Locker (FL) Surpasses Q1 Earnings and Revenue Estimates
- Foot Locker (FL) delivered earnings and revenue surprises of 71.93% and 12.27%, respectively, for the quarter ended April 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/21/2021
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Recap: Foot Locker Q1 Earnings
- Shares of Foot Locker (NYSE:FL) moved higher by 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 392.54% year over year to $1.96, which beat the estimate of $1.09.
- 05/21/2021
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Foot Locker stock jumps after bit profit, same-store sales beats
- Shares of Foot Locker Inc. ran up 2.8% in premarket trading Friday, after the athletic shoe and apparel retailer reported big fiscal first-quarter profit and same-store sales beats, while saying it will reposition its store fleet to focus growth in its iconic banners. For the quarter to May 1, the company swung to net income of $202 million, or $1.93 a share, from a loss of $110 million, or $1.06 a share, in the year-ago period.
- 05/21/2021
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Foot Locker, Inc. Reports 2021 First Quarter Results
- NEW YORK, May 21, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its first quarter ended May 1, 2021. First Quarter Results The Company reported net income of $202 million, or $1.93 per share, for the 13 weeks ended May 1, 2021, as compared with a net loss of $110 million, or $1.06 per share, for the corresponding prior-year period.
- 05/21/2021
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5 Stocks To Watch For May 21, 2021
- Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company (NYSE: DE) to report quarterly earnings at $4.52 per share on revenue of $10.44 billion before the opening bell. Deere shares rose 1.2% to $359.50 in after-hours trading.
- 05/21/2021
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Foot Locker's stock extends pullback from 4-year high ahead of earnings report
- Shares of Foot Locker Inc. dropped 4.2% in afternoon trading, and were headed for a third straight loss, ahead of the athletic shoe and accessories retailer's fiscal first-quarter report. The stock has now slid 10.2% since closing Monday at a four-year high of $65.82.
- 05/20/2021
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Foot Locker Stock Falters Ahead of Earnings, Options Traders Chime in
- Foot Locker Inc (NYSE:FL) stock is sliding ahead of its first-quarter report, due out before the open tomorrow, May 21, in which analysts expect the company to report earnings of $1.05 per share.
- 05/20/2021
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Here's How Foot Locker (FL) is Poised Ahead of Q1 Earnings
- Foot Locker's (FL) first-quarter fiscal 2021 results are expected to reflect growth in the digital realm, a robust brand portfolio and prudent inventory management strategies.
- 05/19/2021
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Foot Locker, Inc. Declares Quarterly Dividend Of $0.20 Per Share
- NEW YORK, May 18, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.20 per share, which will be payable on July 30, 2021 to shareholders of record on July 16, 2021. Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, and Sidestep.
- 05/18/2021
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BioNTech, Exelixis, Foot Locker and More Tuesday Afternoon Analyst Calls
- With the trading day about halfway over, the markets were somewhat mixed on Tuesday.
- 05/18/2021
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Should You Buy Foot Locker (FL) Ahead of Earnings?
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/18/2021
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Foot Locker (FL) Earnings Expected to Grow: Should You Buy?
- Foot Locker (FL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/14/2021
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3 Value Stocks Around 52-Week Highs
- 3 Value Stocks Around 52-Week Highs
- 05/14/2021
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Buy These 7 Low Price-to-Sales Stocks That Are Poised to Win
- Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like GIII, FL, HVT, JHG, MT, VSH and SMP are promising picks.
- 05/13/2021
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4 Apparel Stocks Poised to Outperform This Earnings Season
- Apparel companies are poised to have gained from revived social attire demand and the momentum in casual clothing this earnings season. Continued digital growth is likely to have aided.
- 05/11/2021
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Buy 5 Mid-Cap Retailers Ahead of Earnings Results This Month
- We have narrowed down our search to five mid-cap retail companies each slated to release earnings results this month. These are: KSS, M, FL, BOOT and ANF.
- 05/11/2021
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3 Value Stocks Ready to Ride the Recovery
- These stocks look primed to soar as the economy reopens.
- 04/20/2021
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Foot Locker (FL) Adopts FreedomPay's In-Store Payment Solutions
- Foot Locker (FL) to boost payment solution across stores by implementing FreedomPay's advanced contactless systems.
- 04/13/2021
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SQ, PYPL: The Huge Report That Has Digital Payment Stocks on Watch
- Today, digital payment stocks are in the focus of investors, as a number of catalysts are materializing providing optimism for this sector. The post SQ, PYPL: The Huge Report That Has Digital Payment Stocks on Watch appeared first on InvestorPlace.
- 04/12/2021
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Foot Locker, Inc. Releases 2019-20 Impact Report Highlighting Environmental, Social, And Governance Priorities
- NEW YORK, April 8, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today released its Impact Report, which describes the Company's efforts to advance its environmental, social and governance (ESG) priorities. "As a purpose-driven organization, Corporate Social Responsibility is not a separate mandate for our business.
- 04/08/2021
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Foot Locker (FL) Up 30% in 3 Months, Gains on Digital Growth
- Foot Locker's (FL) e-commerce platform is performing well. Also, the company's supply chain initiatives are encouraging.
- 04/05/2021
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Yahoo Finance Presents: Foot Locker, Inc. chairman & CEO Richard Johnson
- In this episode of Yahoo Finance Presents Foot Locker, Inc. chairman & CEO Richard Johnson sat down with Yahoo Finance's Brian Sozzi and Reggie Wade to discuss the pandemic's impact on the sportswear industry as well as the current state of Footlocker sales.
- 04/04/2021
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Why Is Foot Locker (FL) Up 9.2% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?
- 03/28/2021
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Foot Locker Is Up and Nike Is Down. Here's Why.
- Foot Locker is getting a new chief financial officer and Nike is caught up in a human-rights conflict in China.
- 03/25/2021
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Foot Locker, Inc. Appoints Andrew E. Page as Executive Vice President and Chief Financial Officer
- NEW YORK, March 25, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the appointment of Andrew E. Page as Executive Vice President and Chief Financial Officer, effective April 12, 2021.
- 03/25/2021
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Foot Locker (FL) Gains From Digital Growth Amid Store Closures
- Foot Locker's (FL) digital business depicts sturdy advancement. However, the company grapples with pandemic-induced store closures and backlogs.
- 03/18/2021
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Foot Locker (FL) Beats on Q4 Earnings, Down on Soft Sales
- Foot Locker (FL) posts soft sales for fourth-quarter fiscal 2020 mainly due to pandemic-related store closures across Europe and Canada. Also, comps dropped 2.7% year over year.
- 03/01/2021
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Foot Locker CEO says European business heavily impacted due to Covid-19
- Foot Locker shares dropped after the company reported fourth-quarter revenue that came in $100 million below expectations. Earlier on CNBC, Mad Money host Jim Cramer said falling revenue in Foot Locker shows risk in mall stocks.
- 02/26/2021
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q4 2020 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Dick Johnson on Q4 2020 Results - Earnings Call Transcript
- 02/26/2021
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Foot Locker Comp Sales Drop 2.7 Pct
- Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a press release. "Our teams continued to execute nimbly in the fourth quarter to manage against the headwinds to our top line.
- 02/26/2021
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Foot Locker stock tumbles after profit beats, but sales surprisingly decline
- Shares of Foot Locker Inc. tumbled 9.0% in premarket trading Friday, after the athletic footwear and accessories retailer reported a fiscal fourth-quarter profit that beat expectations, but surprise declined in net and same-store sales. Net income for the quarter to Jan. 30 fell to $123 million, or $1.17 a share, from $134 million, or $1.27 a share, in the year-ago period.
- 02/26/2021
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Preview: Foot Locker's Earnings
- On Friday, February 26, Foot Locker (NYSE:FL) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
- 02/25/2021
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Why Foot Locker (FL) Might Surprise This Earnings Season
- Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/25/2021
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Exxon, Kohl's, MGM, Spotify and More Tuesday Afternoon Analyst Calls
- With the trading day more than halfway over, the broad markets have pulled back from their recent all-time highs.
- 02/23/2021
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Foot Locker (FL) Queues Up for Q4 Earnings: What to Expect?
- Foot Locker's (FL) fourth-quarter fiscal 2020 results might reflect adverse impacts of the pandemic. However, its digital business remains strong.
- 02/23/2021
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Calls of the day: Square, Foot Locker, Tapestry & more
- CNBC's Rahel Solomon brings you the biggest analyst calls of the day.
- 02/22/2021
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FL vs. GOOS: Which Stock Should Value Investors Buy Now?
- FL vs. GOOS: Which Stock Is the Better Value Option?
- 02/22/2021
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Delta Air, Foot Locker, Nvidia, Petrobras and More Monday Afternoon Analyst Calls
- With the trading day more than halfway over, the broad markets could not make up their mind on a direction.
- 02/22/2021
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Markets Await Economic and Earnings Data
- Markets Await Economic and Earnings Data
- 02/22/2021
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Foot Locker (FL) Lays Out Capital Allocation Plan, Ups Dividend
- Foot Locker (FL) issues updates on capital-allocation initiatives. It raised dividend by 33% to 20 cents per share.
- 02/18/2021
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Foot Locker, Inc. Announces 2021 Capital Allocation Plans
- NEW YORK, Feb. 17, 2021 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors authorized two capital allocation initiatives which provide for both elevated investment in the organic growth of its business...
- 02/17/2021
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Why Foot Locker (FL) is Poised to Beat Earnings Estimates Again
- Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 02/15/2021
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Week 6 MDA Breakout Stocks - February 2021: Short-Term Picks To Give You An Edge
- Week 6 MDA Breakout Stocks - February 2021: Short-Term Picks To Give You An Edge
- 02/06/2021
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FL vs. GOOS: Which Stock Is the Better Value Option?
- FL vs. GOOS: Which Stock Is the Better Value Option?
- 02/05/2021
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Buy These 7 Low Price-to-Sales Stocks for Maximum Returns
- A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
- 02/03/2021
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Foot Locker (FL) Shines: Omni-Channel Efforts Boost Growth
- Foot Locker's (FL) omni-channel initiatives, including digital strength and Power Store concept, appear encouraging. Also, it looks to expand assortments via meaningful partnerships.
- 01/21/2021
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FL or GOOS: Which Is the Better Value Stock Right Now?
- FL vs. GOOS: Which Stock Is the Better Value Option?
- 01/20/2021
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AstaZeneca, Foot Locker, PayPal, Tesla, Yeti and More of Friday Afternoon's Analyst Calls
- With the trading day about half over, the broad markets were pulling back on Friday afternoon.
- 01/15/2021
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Foot Locker Stock Brushes Off Analyst Upgrade
- Foot Locker, Inc. (NYSE:FL) just received a bull note from B.
- 01/15/2021
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Foot Locker: Growth Prospects Are There
- Foot Locker is undervalued with a PE of 13.59, which is far below other competitors. Foot Locker is over dependent on Nike, but they are making moves to diversify with more brands.
- 01/11/2021
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Cowen's Foot Locker Bull Case: 'Significant Potential'
- Foot Locker, Inc's (NYSE: FL) stock valuation seems attractive given the durability of the company's competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan upgraded Foot Locker from Market Perform to Outperform and raised the price target from $38 to $55.
- 01/07/2021
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3 Great Stocks Under $50 to Buy for 2021
- Price is what you pay; value is what you get.
- 12/29/2020
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Notable Insider Buys In The Week Of Christmas: Foot Locker, GameStop, NetApp And More
- Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there has been due to the pandemic resurgence and political issues.
- 12/26/2020
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5 Retail Companies to Consider Ahead of Christmas
- These stocks have high business quality and are trading at a fair GF Value
- 12/22/2020
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Why Is Foot Locker (FL) Down 5.5% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?
- 12/20/2020
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5 High-Quality Stocks Bought by Gurus and Insiders
- According to the All-in-One Screener, a Premium feature of GuruFocus, five stocks with high financial strength and profitability and multiple guru and insider buys over the past six months are Amazon.com Inc. (NASDAQ:AMZN), Fastenal Co. (NASDAQ:FAST), Foot Locker Inc. (NYSE:FL), Korn Ferry (NYSE:KFY) and Nvidia Corp. (NASDAQ:NVDA).
- 12/14/2020
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Foot Locker, Inc. Appoints Himanshu Parikh As Senior Vice President, Chief Information Officer
- NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the appointment of Himanshu Parikh as Senior Vice President, Chief Information Officer, effective December 11, 2020. Parikh will oversee the execution of...
- 12/14/2020
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Foot Locker Stock Falters After Recent Highs
- The shares of Foot Locker Inc (NYSE:FL) are down 0.8% at $41.90 at last check, after KeyBanc initiated coverage with a "sector weight" rating.
- 12/11/2020
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Foot Locker Fends Off an Activist Takeover With a New Poison Pill Plan
- The plan is aimed at keeping one specific Czech billionaire from snapping up the company.
- 12/08/2020
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Foot Locker adopts shareholder rights plan after Vesa Equity acquires 12.2% of common stock
- Foot Locker Inc. said Tuesday that it has adopted a short-term shareholder rights plan, or poison pill, after Vesa Equity Investment announced that it has acquired 12.2% of the athletic retailer's common stock. Vesa has received clearance to acquire as much as half of Foot Locker's common stock under the Hart-Scott-Rodino Act.
- 12/08/2020
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Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More
- Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.
- 12/05/2020
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Notable Insider Buys in the Past Week: Biglari, Coty, Danaher, Foot Locker And More
- Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.
- 11/28/2020
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With reduced capacity and PPE we're doing great in stores and online: Foot Locker CEO
- Foot Locker has seen 7.7 percent increase in comparable-store sales in its third-quarter earnings results. Richard Johnson, Foot Locker chairman and CEO, joins 'Closing Bell' to talk about the holiday spending.
- 11/27/2020
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Lookback: RF Capital's 2019 Foot Locker (FL) Thesis
- If you are looking for the best ideas for your portfolio you may want to consider some of RF Capital's top stock picks. RF Capital, an investment management firm, is bullish on Foot Locker Inc. (NYSE:FL) stock. In its Q3 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on Foot Locker Inc. (NYSE:FL) stock. Foot Locker Inc. (NYSE:FL) is a shoe stores company.
- 11/26/2020
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Piper Sandler Highlights Continued Foot Locker Store Closures In Downgrade
- Footwear and apparel retailer Foot Locker, Inc. (NYSE: FL) is entering the final weeks of 2020 with many of its stores closed, and its long-term post-pandemic outlook has its own separate headwinds, according to Piper Sandler. The Foot Locker Analyst: Erinn Murphy downgraded Foot Locker from Neutral to Underweight with a price target lifted from $25 to $29.
- 11/23/2020
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Monday's biggest analyst calls of the day: Gap, Foot Locker, Darden & more
- CNBC's Rahel Solomon & The "Halftime Report" traders take you through the biggest analyst calls of the day.
- 11/23/2020
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4 Top Stock Trades for Monday: FL, WORK, WDAY, RUN
- Foot Locker, Slack, Workday and Sunrun were our top stock trades for Monday. Now, let's have a look at the chart to see what's going on.
- 11/20/2020
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Foot Locker's same-store sales come in 7.7% higher in fiscal Q3
- Foot Locker Inc. (NYSE: FL) said on Friday that its profit and comparable-store sales in the fiscal third quarter blew past Wall Street estimates. The company reported £199.61 million of net income in the recent quarter that translates to £1.90 per share.
- 11/20/2020
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q3 2020 Results - Earnings Call Transcript
- Foot Locker, Inc. (FL) CEO Dick Johnson on Q3 2020 Results - Earnings Call Transcript
- 11/20/2020
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Foot Locker crushes analysts' expectations for the third quarter
- Same-store sales jumped 7.7 percent, easily beating consensus forecast of 0.2 percent rise.
- 11/20/2020
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Foot Locker Kicks It Up a Notch With Q3 Earnings
- Foot Locker Inc. (NYSE: FL) reported its most recent quarterly results before the markets opened on Friday.
- 11/20/2020
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Foot Locker grows quarterly profit, sales
- Foot Locker Inc. said its profit and sales rose for the third quarter, even as the back-to-school selling season started later than usual because of the coronavirus pandemic.
- 11/20/2020
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Recap: Foot Locker Q3 Earnings
- Shares of Foot Locker (NYSE:FL) moved higher by 6% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 7.08% year over year to $1.21, which beat the estimate of $0.62.
- 11/20/2020
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Foot Locker's stock jumps after big profit beat, surprise same-store sales increase
- Shares of Foot Locker Inc. ran up 5.3% toward a one-year high in premarket trading Friday, after the athletic shoe and accessories seller reported a surprise increase in same-store sales and profit that rose well above expectations. Net income rose to $265 million, or $2.52 a share, from $125 million, or $1.16 a share, in the year-ago period.
- 11/20/2020
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Foot Locker, Inc. Reports 2020 Third Quarter Results
- NEW YORK, Nov. 20, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its third quarter ended October 31, 2020. Third Quarter Results Net income for the Company's third quarter of 2020 was $265 million,...
- 11/20/2020
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Foot Locker Stock Laces Up for Earnings
- The shares of Foot Locker, Inc. (NYSE:FL ) are up 1.7% at $40.61 this afternoon, but have stalled out around the $42 area, which was a pre-pandemic ceiling back in February.
- 11/19/2020
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Foot Locker Launches '12 Days of Greatness' Holiday Campaign Featuring Exclusive Basketball-Inspired Capsule Collections
- NEW YORK, Nov. 18, 2020 /PRNewswire/ -- This year, Foot Locker is launching the "12 Days of Greatness," a unique basketball-inspired holiday collection celebrating universal love of the game. To bring 12 Days of Greatness to life, Foot Locker has teamed up with some of the best streetwear...
- 11/18/2020
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Foot Locker, Inc. Declares Quarterly Dividend Of $0.15 Per Share
- NEW YORK, Nov. 17, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.15 per share, which will be payable on January 29, 2021...
- 11/17/2020
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Foot Locker: A Short-Term Way To Cheaply Own Nike (NYSE:FL)
- Foot Locker is booming as people spend their stimulus on sneakers. The company is in a rock-solid financial position with cash of $1.37 billion against total debt of $121 million.
- 10/02/2020
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Foot Locker Is A Candidate For A Short-Term Hold
- The company reported strong consolidated comparable sales growth of 18.6% compared to its prior-year period, driven completely by a 173% increase in its direct-to-consumer e-commerce channel.
- 08/28/2020
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A Look At Whether Or Not Foot Locker Can Maintain Its Positive Momentum
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S&P 500, Nasdaq set fresh records, Dow adds 200 points as investors cheer economic data
- U.S. stock indexes remained buoyant Friday, led by technology stocks again, and supported by positive economic data that left the S&P500 index on track for a...
- 08/21/2020
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Q2 retail private equity deals total $2.63 billion with Wayfair, Foot Locker and Albertsons among the big names
- Private equity deals in the retail sector totaled $2.63 billion in the second quarter with well-known names involved in some of the biggest agreements,...
- 08/21/2020
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Foot Locker, Inc. (FL) CEO Dick Johnson on Q2 2020 Results - Earnings Call Transcript
- Foot Locker, Inc. (NYSE:FL) Q2 2020 Earnings Conference Call August 21, 2020 9:00 a.m.
- 08/21/2020
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Why Foot Locker (FL) Stock is a Compelling Investment Case
- RF Capital Management LLC recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 18.8% for the second quarter (net of fees), underperforming the S&P 500 Index which returned 20.5% in the same quarter. You should check out RF Capital's top 5 stock picks […]
- 08/19/2020
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RF Capital Management Q2 2020 Letter
- RF Capital Management LLC was founded by Mr. Roger Fan in 2017.
- 08/18/2020
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Here's What Foot Locker, Inc.'s (NYSE:FL) Shareholder Ownership Structure Looks Like
- If you want to know who really controls Foot Locker, Inc. (NYSE:FL), then you'll have to look at the makeup of its...
- 08/18/2020
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What Michael Burry (Of 'The Big Short') Added During The COVID-19 Bounce Back
- Burry performed very well prior to and during the great recession. Now he is back and his portfolio is made public every quarter.
- 08/17/2020
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Why Foot Locker's (FL) Q2 Earnings Are Likely to Rise Y/Y
- The pent-up demand and the fiscal stimulus effect might show on Foot Locker's (FL) performance during second-quarter fiscal 2020.
- 08/17/2020
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Why you may not be able to buy things you really want this holiday season
- Thanks for nothing, COVID-19.
- 08/17/2020
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Foot Locker Celebrates Youth And Sneaker Culture In Singapore With New Store Opening
- Foot Locker, Inc., the leading global destination for speciality athletic-lifestyle footwear, apparel and accessories, has opened its largest store in Singapore.
- 08/17/2020
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Foot Locker Celebrates Youth And Sneaker Culture In Singapore With New Store Opening
- Foot Locker, Inc., the leading global destination for speciality athletic-lifestyle footwear, apparel and accessories, has opened its largest store in Singapore.
- 08/16/2020
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Stocks To Watch: Walmart, Target, Kandi And Gold vs. Bitcoin
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/15/2020
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Foot Locker (FL) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Foot Locker (FL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 08/14/2020
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The Bad News for Nike in Foot Locker's Sales Update
- Nike (NYSE: NKE) won't announce its fiscal first-quarter results until late September, but investors already have some valuable clues about what to expect in that report. Foot Locker (NYSE: FL), which counts the sports apparel titan as its biggest supplier, just issued an operating update ahead of its official quarterly announcement in late August. Foot Locker revealed that comparable-store sales returned to positive territory in May, June, and July.
- 08/12/2020
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Why a Slew of Coronavirus-Plagued Retailers Are Suddenly Impressing Wall Street
- Unexpectedly upbeat announcements by Foot Locker and Hibbett Sports are making analysts more bullish on the sector.
- 08/11/2020
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Foot Locker (FL) Stock Gains on Solid EPS View & Q2 Comps
- Foot Locker (FL) issues updates on the second quarter of fiscal 2020. The pent-up demand and the fiscal stimulus effect aided impressive sales performance.
- 08/11/2020
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Foot Locker (FL) Looks Good: Stock Adds 7.8% in Session
- Foot Locker (FL) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
- 08/11/2020
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Why Foot Locker Stock Ran Higher Today
- Shares of Foot Locker (NYSE: FL) ran higher today, crossing the finish line with gains of 8%, after the company provided preliminary earnings estimates. Comparable-store sales jumped by approximately 18% in the second quarter, which should result in adjusted earnings per share of $0.66 to $0.70. Analysts are currently modeling for the shoe retailer to lose $0.60 per share on an adjusted basis.
- 08/10/2020
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Stocks on the Move: Canopy Growth trades higher on earnings, Foot Locker sees rising revenue in Q2
- The Yahoo Finance On the Move panel discuss today's Stocks on the Move: Canopy Growth and Foot Locker
- 08/10/2020
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US STOCKS-Wall St mixed with stimulus in focus; Dow hits over 5-month high
- The S&P 500 and Dow rose on Monday, as investors rotated into value stocks from heavyweight tech-focused companies while awaiting word on progress in the fiscal support bill for the country's battered economy. The Nasdaq, which hit a record high every day of last week, was dragged lower by Microsoft Corp, Amazon.com Inc and Facebook Inc. The Dow index touched a more than five-month high, boosted by growth-linked industrial and financials stocks.
- 08/10/2020
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Foot Locker got a Q2 boost from government stimulus but Q3 could be a different story, analysts say
- Foot Locker gave a second-quarter update that includes a surprise profit, but analysts caution that the strong sales could soon come to an end.
- 08/10/2020
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Stocks making the biggest moves midday: Kodak, MercadoLibre, Simon Property, Foot Locker & more
- Kodak shares tank after federal loan is put on halt. Foot Locker jumped on strong same-store sales data.
- 08/10/2020
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Foot Locker Is Rallying After It Announced an Unexpected Second-Quarter Profit
- The retailer said sales at stores open at least a year increased about 18% from last year—upbeat news as other chains have struggled with the pandemic.
- 08/10/2020
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Why Foot Locker's Stock Is Trading Higher Today
- Foot Locker (NYSE: FL) shares are trading higher on Monday after the company issued second-quarter EPS guidance above analyst estimates and reported an 18% increase in same-store sales in the second quarter.Foot Locker operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel.Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay and Final-Score.Foot Locker shares were trading up 8% at $29.70 at the time of publication on Monday. The stock has a 52-week high of $47.86 and a 52-week low of $17.46.See more from Benzinga * McDonald's Goes After Former CEO's Severance Payment In Lawsuit, Says He Lied About Employee Relationships * Check Out This Los Angeles Luxury Penthouse On Elm St. For .5M * Canada Ready To Impose Retaliatory Tariffs On US Goods(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/10/2020
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ROCE Insights For Foot Locker
- During Q1, Foot Locker (NYSE: FL) brought in sales totaling $1.18 billion. However, earnings decreased 159.66%, resulting in a loss of $105.00 million. Foot Locker earned $176.00 million, and sales totaled $2.22 billion in Q4.What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed in a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth in a company and is a sign of higher earnings per share for shareholders in the future. A low or negative ROCE suggests the opposite. In Q1, Foot Locker posted an ROCE of -0.05%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on FLROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Foot Locker is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth.For Foot Locker, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q1 Earnings Insight Foot Locker reported Q1 earnings per share at $-0.67/share, which did not meet analyst predictions of $0.49/share.See more from Benzinga * Benzinga's Top Upgrades, Downgrades For June 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/10/2020
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Foot Locker Jumps After Quarterly Sales Rise Despite Woes
- (Bloomberg) -- Foot Locker Inc. soared after the athletic-apparel retailer said it expects to report a profit and rising revenue for the second quarter, defying Wall Street’s expectations amid a tumultuous time for the clothing industry.Same-store sales increased about 18% for the three months ended Aug. 1, the New York-based company said Monday in a statement discussing preliminary results for the quarter. Diluted earnings will likely be 38 cents to 42 cents a share. Analysts had expected an adjusted loss of 61 cents a share, according to the average of estimates compiled by Bloomberg, along with a decline in total revenue.Foot Locker jumped as much as 9.6% in New York trading Monday. The shares had fallen 30% this year through Friday.The performance was “aided by pent-up demand and the effect of fiscal stimulus,” Chief Executive Officer Richard Johnson said in the statement. “While these undoubtedly remain challenging times, we are nonetheless pleased by the health of our category, our deep connections with our customers and the strength of our vendor relationships.”The results offer a glimmer of hope as mall-based apparel and footwear retailers struggle with falling demand, a trend that has accelerated amid the coronavirus pandemic. Foot Locker, which withdrew its forecast in March and temporarily shuttered stores during the outbreak, has warned that the disruptions to organized sports and the back-to-school shopping season are likely to weigh on its performance.The second-quarter results include about $18 million in costs “in connection with the recent social unrest,” the company said without providing details. Demonstrations, most of which were peaceful, gripped the U.S. in May following the killing of George Floyd by police in Minneapolis. Some were accompanied by looting, causing damage to property.Foot Locker’s upbeat report lifted athletic-goods makers, with Nike Inc. up as much as 4.3% and on pace for an all-time high. Under Armour Inc. rose as much as 3%, and Adidas AG gained as much as 3.1%.Foot Locker will report full quarterly results before markets open on Aug. 21.(Updates with shares in third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 08/10/2020
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Foot Locker Sprints Higher on Strong Sales and Profit Outlook
- Foot Locker shares sprint higher as the athletic shoe and gear retailer provides a second-quarter sales and earnings update that blows past expectations.
- 08/10/2020
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Foot Locker Pops 25% In Pre-Market On Surprise 2Q Sales, Profit Outlook
- Shares in Foot Locker are jumping 25% in Monday’s pre-market trading after the athletic shoe retailer said same-store sales rose a preliminary 18% in the second quarter outpacing analysts’ expectations for a decline.The stock is currently advancing to $34.23 in the early trading session. Same-store sales in the second quarter increased about 18% year-on-year versus the Street consensus for a drop of 23.6%, as Foot Locker (FL) started to reopen stores and experienced pent-up demand supported by US fiscal stimulus.Diluted earnings per share in the second quarter are expected to be $0.38 to $0.42 per share down from $0.55 during the same period last year. Foot Locker said it is poised to incur pre-tax charges of about $19 million related to the wind down of the Runners Point banner and the Eastbay restructuring, and about $18 million for costs incurred tied to the recent social unrest. Meanwhile, adjusted EPS is estimated at $0.66 to $0.70, compared with the consensus for a per-share loss of $0.60."As we continued to reopen stores throughout the quarter, we saw a strong customer response to our assortments, which we believe was aided by pent-up demand and the effect of fiscal stimulus," Foot Locker CEO Richard Johnson said. "This fueled our in-store sales and also drove continued momentum across our digital channels."Johnson added that "while these undoubtedly remain challenging times, we are nonetheless pleased the strength of our vendor relationships."Foot Locker said the company was able to return to positive earnings per share due to the lift in “top-line sales and disciplined expense management".The company is scheduled to report second-quarter financial results before the US markets open on Aug. 21. (See FL stock analysis on TipRanks)Susquehanna analyst Sam Poser late last month reiterated a Buy rating on the stock, with a $35 price target, saying that: “current trends remain stronger than consensus estimates imply, and the stock is trading at approximately three turns below its five-year average FY2 P/E multiple.”Overall the stock shows a Moderate Buy analyst consensus, with 7 Hold ratings, 4 Buy ratings and 1 Sell rating. With shares trading down about 30% on a year-to-date basis, the average analyst price target stands at $30.27 (10% upside potential).Related News: ON Semiconductor Quarterly Profit Misses Estimates; Top Analyst Sticks To Buy Qualcomm Pops 12% In After-Hours On $1.8B Huawei License Deal Logitech Ramps Up Annual Profit Outlook As Q1 Income Leaps 75% More recent articles from Smarter Analyst: * Stephens Puts Trade Desk On Hold After 2Q Revenue * FedEx Gains 5% As Bernstein Raises Stock To Buy * Northland Cuts Stamps.com To Hold Despite 2Q Earnings Beat * Pluristem Up 6% In Pre-Market On German Clearance For Covid-19 Study
- 08/10/2020
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Foot Locker's stock soars after outlook for surprise second-quarter profit and sales increase
- Shares of Foot Locker Inc. soared 16% in premarket trading Monday, after the athletic shoe and gear retailer said it expects to report a surprise fiscal second-quarter profit, as the reopening of stores helped drive a surprise jump in sales. The company expects net earnings per share of 38 cents to 42 cents, down from 55 cents a year ago. Excluding non-recurring items, the company expects to report adjusted EPS of 66 cents to 70 cents, while the FactSet consensus was for a per-share loss of 60 cents. The company said same-store sales for the quarter rose about 18%, compared with the FactSet consensus for a decline of 23.6%. "As we continued to reopen stores throughout the quarter, we saw a strong customer response to our assortments, which we believe was aided by pent-up demand and the effect of fiscal stimulus," said Chief Executive Richard Johnson. "This fueled our in-store sales and also drove continued momentum across our digital channels." The stock has dropped 29.5% year to date through Friday, while the S&P 500 has gained 3.7%.
- 08/10/2020
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Foot Locker, Inc. : Provides Business Update For Second Quarter 2020 | MarketScreener
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Foot Locker, Inc. Provides Business Update For Second Quarter 2020
- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today provided a sales and earnings update for the second quarter of 2020 ended August 1, 2020. The Company announced that comparable store sales increased approximately 18% for the second quarter. Additionally, diluted earnings per share for the same period, which include pre-tax charges of approximately $19 million related to the wind down of the Runners Point banner and the Eastbay restructuring, and approximately $18 million for costs incurred in connection with the recent social unrest, are expected to be $0.38 to $0.42 per share versus $0.55 last year. On a non-GAAP basis, excluding the items mentioned above, second quarter earnings are expected to be $0.66 to $0.70 per share versus $0.66 last year.
- 08/10/2020
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Ace Shoe Salesman Helped Create Foot Locker
- Born on a farm in Arkansas, Harold Sells skipped college and started selling Kinney shoes at age 17. He ended up as CEO of Kinney’s parent company, Woolworth, and helped create the Foot Locker chain.
- 08/07/2020
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Under Armour upgraded at Susquehanna, but analysts question just how 'premium' the brand really is
- Under Armour Inc. undefinedundefined was upgraded to neutral from negative at Susquehanna Financial Group with analysts more than doubling the athletic...
- 08/03/2020
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Under Armour upgraded at Susquehanna, but analysts question just how 'premium' the brand really is
- Under Armour Inc. was upgraded to neutral from negative at Susquehanna Financial Group with analysts more than doubling the athletic company's price target to $9 from $4. Still, analysts led by Sam Poser question whether the brand is really a "premium" label. On the Friday earnings call, Under Armour Chief Executive Patrik Frisk talked up the premium nature of the brand calling out its continued innovation and its efforts, pre-COVID, to rebuild its reputation. "Premium has been and will continue to be core to Under Armour's brand positioning," he said, according to a FactSet transcript. "In this respect, we are working both to strengthen and, in some cases, earn back that consumer promise, one innovative product and premium experience at a time." But Susquehanna calls out the retailers where Under Armour is sold, throwing the "premium" description into question. "Under Armour must, in our opinion, pull back on its presence in the moderate channel at retailers such as Kohl's, Famous Footwear, DSW, Shoe Carnival, TJX, Ross Stores, and Burlington Stores in order to become the premium brand it once was and to which it aspires to be," analysts say. Instead, the company's business at Foot Locker Inc. , Dick's Sporting Goods Inc. and Hibbett Sports Inc. is "floundering," analysts said. "In order to repair the Under Armour brand and protect their house (to recoin a phrase), Under Armour must, in our opinion, cut the cord with the moderate channel until the brand is repaired and product differentiation by channel is as clear as day," Susquehanna said. Under Armour shares have tumbled 7.1% in Monday trading, and are down 54.8% for the year to date. The S&P 500 index is up 2.1% for 2020 so far.
- 08/03/2020
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Did Hedge Funds Make The Right Call On Foot Locker, Inc. (FL) ?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
- 08/03/2020
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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89%
- U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89%
- 08/03/2020
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A Trio of Picks Trading Below the Graham Number
- They represent potential bargain opportunities Continue reading...
- 07/30/2020
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Foot Locker, Inc. Implements New Organizational Structure To Drive Enhanced Performance And Advance Its Key Strategic Imperative To Elevate The Customer Experience
- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced a new organizational structure that is designed to foster greater agility and speed-to-act as the Company continues to advance its key strategic imperative to elevate the customer experience. The senior management promotions and organizational changes being implemented will:
- 07/23/2020
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Backloaded Day: Microsoft, Tesla Earnings After Close, With China Tension To Start Session
- The market’s age-old nemesis, tension with China, threatens to derail what started out as a pretty decent week. Earnings take center stage later on.
The U.S. ordered China...
- 07/22/2020
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Hibbett Sports stock soars after second-quarter business update includes 70% same-store sales growth forecast
- Hibbett Sports Inc. undefined shares soared more than 18% in Tuesday trading after the athletic retailer gave a late-Monday second-quarter business update...
- 07/21/2020
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Foot Locker Just Paid Off a Big Chunk of Debt. That’s Good News.
- The shoe seller’s ability to keep paying off its debts is a good sign of its ability to navigate this troubled period, Wedbush says.
- 07/17/2020
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Foot Locker Europe Launching Diverse Marketing Campaign
- The retailer will launch a film and social media platform Friday highlighting the LGBTQ community and people of color.
- 07/16/2020
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Cash Crunch at Retailers Stings Suppliers During Pandemic
- Makers of apparel and accessories are getting pinched as the retailers they supply struggle to pay for goods, adding to the pain caused by the coronavirus pandemic and threatening the viability of many small and midsize businesses.
- 07/15/2020
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Nike Air Force 1 Footlocker Remix Pack Release Date | SneakerNews.com
- Footlocker Inc. and Nike team up for an Air Force 1 Low duo for its "Remix Pack". Click here for official release details.
- 07/14/2020
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Foot Locker, Inc. (NYSE:FL) Stake Raised by Wedge Capital Management L L P NC
- Wedge Capital Management L L P NC boosted its holdings in Foot Locker, Inc. (NYSE:FL) by 10.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,950 shares of the athletic footwear retailer’s stock after acquiring an additional 1,431 shares during […]
- 07/14/2020
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Stocks making the biggest moves midday: Gilead, Wells Fargo, Carnival & more
- These are the stocks posting the largest moves in midday trading.
- 07/10/2020
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Buy Foot Locker Stock, Analyst Says — But Not Because It’s a Good Company
- Some footwear and athleisure stocks look well positioned during and coming out of the coronavirus crisis, especially those with a loyal following.
- 07/10/2020
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Stocks making the biggest moves premarket: United Airlines, Amazon, Nvidia, Wells Fargo & more
- United falls after reaching a deal with a pilots union. Citigroup gives Amazon a Street-high price target.
- 07/10/2020
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4 Companies Owned by FL
- Eastbay, Footaction, and Runners Point are companies owned by Foot Locker, and it holds a strategic minority stake in GOAT.
- 07/01/2020
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UTRN: The Short-Term Reversal Effect On Steroids (Podcast)
- Short-term reversals are the market phenomenon that stocks with particularly bad one-week or month returns are likely to generate outsized returns in the follow
- 07/01/2020
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Foot Locker, Inc. (NYSE:FL) Shares Sold by Clearbridge Investments LLC
- Clearbridge Investments LLC trimmed its position in Foot Locker, Inc. (NYSE:FL) by 44.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 799,138 shares of the athletic footwear retailer’s stock after selling 647,247 shares during the period. Clearbridge Investments LLC owned 0.77% of Foot Locker worth $17,621,000 […]
- 06/28/2020
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Strength of Women: Leaders From Genesco, Steve Madden, Skechers & More on What They’ve Learned About Leading in a Crisis
- Stay flexible, embrace challenges — and be kind.
- 06/26/2020
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Nike shares tumble after pandemic batters sales, gross margin - BNN Bloomberg
- The world’s biggest athletic brand posted a surprise loss and disappointing sales in the fiscal fourth quarter, a sign that shuttered retail stores across the U.S. and much of the world took an even bigger toll than expected.
- 06/26/2020
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Q2 2021 EPS Estimates for Foot Locker, Inc. (NYSE:FL) Reduced by Analyst
- Foot Locker, Inc. (NYSE:FL) – Analysts at B. Riley dropped their Q2 2021 EPS estimates for shares of Foot Locker in a report issued on Monday, June 22nd. B. Riley analyst S. Anderson now anticipates that the athletic footwear retailer will post earnings of ($0.65) per share for the quarter, down from their previous estimate […]
- 06/26/2020
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Foot Locker Highlights Heat of the Season with 'Summer Sizzle'
- Foot Locker kicks off its "Summer Sizzle," bringing the heat to make this summer a celebration of community and style. As seasons change, so does the sneakerhead flex. While summer usually brings cookouts, hoops in the driveway and poolside hangs with friends – this summer will undoubtedly be different – so Foot Locker is bringing the vibes to virtually celebrate the heat of the season like never before.
- 06/25/2020
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Foot Locker Commits $200 Million to Support the Black Community
- “We stand resolute in our commitment to fight racial inequality and injustice,” said Foot Locker CEO Dick Johnson.
- 06/24/2020
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Dick's Sporting Goods upgraded on potential market share gains in sneaker sales
- Dick's Sporting Goods Inc. undefined was upgraded to outperform from market perform at Cowen on the potential for share gains in sneakers. Cowen raised its...
- 06/24/2020
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Dick's Sporting Goods upgraded on potential market share gains in sneaker sales
- Dick's Sporting Goods Inc. was upgraded to outperform from market perform at Cowen on the potential for share gains in sneakers. Cowen raised its price target to $50 from $36. A Cowen proprietary survey found that an increasing percentage of respondents said they would head to Dick's Sporting Goods to buy a pair of sneakers, up to 12% in May from 10% average in 2019. Foot Locker Inc. is still the more preferred retail choice for sneakers, with 23% of May respondents saying they would buy from there. Dick's was the top choice for sporting goods with 35% in May, up from 33% last year, followed by Amazon.com Inc. with 26%. Cowen is also optimistic about the prospects for Dick's e-commerce initiatives, including buy-online-pickup-in-store. Dick's stock is down 2.1% in Wednesday trading, and down 18% for the year to date. The S&P; 500 index has fallen 4.3% for 2020 so far.
- 06/24/2020
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Stock Futures Up, Shrug Off Second-Wave Anxiety - Schaeffer's Investment Research
- The stock market is rising despite a growing number of coronavirus cases in the U.S. and globally, as the second-wave hits
- 06/22/2020
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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.59%
- U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.59%
- 06/22/2020
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Why Is Foot Locker (FL) Down 4.2% Since Last Earnings Report?
- Foot Locker (FL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 06/21/2020
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Legal & General Group Plc Sells 308,039 Shares of Foot Locker, Inc. (NYSE:FL)
- Legal & General Group Plc decreased its holdings in shares of Foot Locker, Inc. (NYSE:FL) by 47.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 336,264 shares of the athletic footwear retailer’s stock after selling 308,039 shares during the quarter. […]
- 06/21/2020
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Stocks To Watch: Nike, Apple, Ford And Stressed Banks
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 06/20/2020
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Wellington Management Group LLP Raises Stock Holdings in Foot Locker, Inc. (NYSE:FL)
- Wellington Management Group LLP boosted its stake in shares of Foot Locker, Inc. (NYSE:FL) by 26.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,090,587 shares of the athletic footwear retailer’s stock after buying an additional 228,692 shares […]
- 06/20/2020
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Hedge Funds Never Been Less Bullish On Foot Locker, Inc. (FL)
- In this article we will check out the progression of hedge fund sentiment towards Foot Locker, Inc. (NYSE:FL) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
- 06/19/2020
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Nike Air Max 270 React Supernova CW8567-001 | SneakerNews.com
- This Summer, Nike and Foot Locker Inc. are linking up once more for two exclusive footwear capsules including the P(HER)SPECTIVE and “Supernova” collections. The latter, which is predicated on themes relative to that of the milky way, is starting to officially unveil its lineup with detailed imagery; the latest of which is the Air Max […]
- 06/18/2020
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FN’s “Women Empowered” Virtual Roundtable Set for Next Week
- The topic of the virtual roundtable will be “Women Empowered: A Defining Moment for Female Leaders.”
- 06/18/2020
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Nike Air Max 90 Supernova Galaxy CW6018-001 | SneakerNews.com
- The Nike Air Max 90 "Supernova 2020" launches across the Foot Locker Inc. family of brands on June 20th. Click here for official images and release details.
- 06/18/2020
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Foot Locker Hastens Its Departure From the Shopping Mall | The Motley Fool
- Sneaker retailer sees off-mall locations as a better bet for growth.
- 06/18/2020
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We Think Foot Locker (NYSE:FL) Is Taking Some Risk With Its Debt
- Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
- 06/18/2020
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Nike Air Force 1 P(HER)SPECTIVE CW6013-500 | SneakerNews.com
- The women's Nike Air Force 1 Low "P(HER)SPECTIVE" launches across the Foot Locker Inc. family of brands and Nike on June 19th.
- 06/15/2020
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Is Foot Locker Stock a Buy?
- Consumers respect the intimacy of its smaller stores, but they just don't shop at them like they used to.
- 06/14/2020
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Foot Locker, Inc. (NYSE:FL) Shares Purchased by Treasurer of the State of North Carolina
- Treasurer of the State of North Carolina boosted its position in Foot Locker, Inc. (NYSE:FL) by 67.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,909 shares of the athletic footwear retailer’s stock after purchasing an additional 17,230 shares during the quarter. Treasurer of […]
- 06/14/2020
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Parametric Portfolio Associates LLC Boosts Stock Holdings in Foot Locker, Inc. (NYSE:FL)
- Parametric Portfolio Associates LLC grew its position in shares of Foot Locker, Inc. (NYSE:FL) by 9.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,032 shares of the athletic footwear retailer’s stock after purchasing an additional 50,615 shares during […]
- 06/14/2020
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FN’s Upcoming Virtual Discussion Will Look At How Brands Should Respond to the Race Conversation
- Deputy editor Sheena Butler-Young will speak with industry leaders Portia Blunt and James Whitner.
- 06/12/2020
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Best Buy Stock Is Still a Buy With or Without Coronavirus Tailwinds
- The retail sector has been an interesting one, full of the haves and the have-nots. Best Buy (NYSE:BBY) doesn't really fit into either category very well. With that said though, Best Buy stock has performed well.Source: BobNoah / Shutterstock.com Shares are still up 61% from the March lows, and that includes its 5.5% decline on June 11. That came as the rest of the market was hammered as well.Best Buy shares have found a way to climb despite this state of limbo. On the one hand, it's not benefiting from a flood of demand from the novel coronavirus the way many grocers are. By the same token though, it's also not one that's being completely shut out either.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What Is Best Buy Doing During Coronavirus?Retail is a very difficult sector to trust, as it depends on so many different factors. On the one hand, public sentiment and consumer confidence is key. That is, sentiment being positive enough to go out amid Covid-19 and confidence being high enough to justify spending money.On the other hand, retail also has to balance state and local regulations, as many counties and states imposed various lockdown and stay-at-home orders.Best Buy isn't like Costco (NASDAQ:COST), Kroger (NYSE:KR), Target (NYSE:TGT) and a handful of others. It's also not as vulnerable as companies like Foot Locker (NYSE:FL) or Macy's (NYSE:M).Instead, Best Buy can benefit from several key trends performing well due to the coronavirus outbreak. The three main trends that come to mind include: e-commerce, work from home and gaming.E-commerce sales are exploding. All you have to do is look at Amazon (NASDAQ:AMZN) or Chewy (NYSE:CHWY) to know that to be the case. If that doesn't work for you, ask your local mail carrier how the parcel load has been lately. Online sales are surging, juicing a secular trend that's been play for years.Work from home is another obvious trend during the coronavirus outbreak. Twitter (NYSE:TWTR) and Square (NYSE:SQ) have already announced indefinite work-from-home policies, while many others in tech and corporate are taking this avenue. That has driven up demand for accessories, monitors and office equipment. * 7 Great Biotech Stocks to Buy and Hold Now Finally, gaming is on a tear. The industry recorded its best sales for the month of March in 12 years. April set a new record. While Best Buy won't capture all of the gaming dollars that consumers are doling out, it will catch enough that it will benefit the company's revenue results. Valuing Best Buy Stock Click to EnlargeSource: Chart courtesy of StockCharts.comWhile Best Buy's stock is benefiting from these trends, that's not to say it's thriving necessarily. It has plenty of competition and has had to work its way through various lockdown obstacles.When the company reported earnings a few weeks ago, it beat on earnings and revenue expectations. However, sales of $8.56 billion fell more than 6% year-over-year. Still, given the impact that many are seeing, I'll take that if I'm an investor.Domestic online comp-store sales ripped higher by 155%, showing off Best Buy's e-commerce push, while management had this to say about the results: "In the middle of Q1, we shifted all our stores to a curbside-only operating model and were able to retain approximately 81% of last year's sales2 during the last six weeks of the quarter, even though not a single customer set foot in our stores."That was the company's first quarter of its fiscal year and look how well it did. Consensus estimates call for sales to slip just 3.3% this year, although that may be overly cautious given the rapid reopening we're seeing in the U.S. That said, the earnings front calls for a bigger hit, as analysts look for a drop of 16% this year.Best Buy stock trades at a reasonable 15 times earnings and pays out a dividend yield of 2.7%. Does it pack the biggest growth punch out there or the most yield? No. But it has solid growth and is a retailer that will do well with or without the coronavirus outbreak taking place. I say, stick with Best Buy stock for now.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post Best Buy Stock Is Still a Buy With or Without Coronavirus Tailwinds appeared first on InvestorPlace.
- 06/12/2020
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Why American Eagle Outfitters, Foot Locker, and Under Armour Stocks All Crashed Today
- Negative news from the Federal Reserve and Johns Hopkins University shook confidence in stocks of all stripes Thursday. As of 1:15 p.m. EDT today, American Eagle stock is down 6.5%, Foot Locker 8.1%, and Under Armour 8.3%.
- 06/11/2020
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Two Retail Stocks Analyst Says to Be Wary of and 5 That Should Hold Up
- Many retail stocks have rebounded from March lows, but there are still plenty of unresolved questions about the coronavirus. And that means some of those gains might be at risk, Robert W. Baird is warning.
- 06/11/2020
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Dick’s Sporting Goods faces a big problem: Analyst
- A growing sports apparel trend is making it increasingly difficult for Dick’s Sporting to “stay relevant,” says one equities analyst.
- 06/11/2020
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Jordan documentary 'The Last Dance' sparks interest in retro Jordans: Cowen Equity
- One of Nike’s (NKE) surprise victories this spring was increased interest in the brand sparked by the ESPN documentary “The Last Dance,” about Michael Jordan and the Chicago Bulls 1997-1998 championship season, according to a recent note by Cowen Equity Research.
- 06/10/2020
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Rockefeller Capital Management L.P. Lowers Stake in Foot Locker, Inc. (NYSE:FL)
- Rockefeller Capital Management L.P. reduced its position in shares of Foot Locker, Inc. (NYSE:FL) by 99.9% during the 1st quarter, HoldingsChannel reports. The fund owned 1,675 shares of the athletic footwear retailer’s stock after selling 1,398,351 shares during the period. Rockefeller Capital Management L.P.’s holdings in Foot Locker were worth $37,000 at the end of […]
- 06/10/2020
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WFRBS Commercial Mortgage Trust 2011-C3 -- Moody's affirms five and downgrades three classes of WFRBS 2011-C3
- Rating Action: Moody's affirms five and downgrades three classes of WFRBS 2011- C3. Global Credit Research- 09 Jun 2020. Approximately $743 million of structured securities affected.
- 06/10/2020
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WFRBS Commercial Mortgage Trust 2011-C3 -- Moody's affirms five and downgrades three classes of WFRBS 2011-C3
- Rating Action: Moody's affirms five and downgrades three classes of WFRBS 2011- C3. Global Credit Research- 09 Jun 2020. Approximately $743 million of structured securities affected.
- 06/10/2020
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Video shows Guardian Angels defending Foot Locker from looters
- Guardian Angels are shown being attacked with bikes and trash bags as they attempt to defend a Foot Locker in Manhattan from looters on June 2. They claim hundreds of looters attacked them.
- 06/09/2020
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Shares of several retail and apparel companies are trading higher on continued upward momentum surrounding the economy reopening, which would increase consumer spending and economic activity. New York City moved into phase one of its reopening plan on Monday.
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7 Apparel Stocks to Buy as Consumer Spending Recovers
- The consumer spending recovery is underway, and that's great news for these 7 beaten-up apparel stocks to buy on the dip.
The post 7 Apparel Stocks to Buy as Consumer Spending Recovers appeared first on InvestorPlace.
- 06/08/2020
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Foot Locker Will Close All North American Stores Monday for George Floyd’s Memorial Service
- Team members will be paid for the day. The retailer is also asking office employees to take Monday off, or another of their choice.
- 06/07/2020
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Why Foot Locker, Under Armour, and American Eagle Outfitters Stocks Were Up Today
- An unexpectedly strong jobs report plus New York's reopening raise hopes the recession is near an end.
- 06/05/2020
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Why Foot Locker, Under Armour, and American Eagle Outfitters Stocks Were Up Today
- An unexpectedly strong jobs report plus New York's reopening raise hopes the recession is near an end.
- 06/05/2020
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Shares of several retail and apparel companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy. As the economy reopenings, consumer spending in the sector should increase.
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4 Retail Stocks That Went Up While the Market Fell Today
- The sentiment for beaten-down retailers continues to look better. Will it hold out?
- 06/04/2020
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Why Shares of Foot Locker, Hanesbrands, and Under Armour All Jumped Today
- Shares of apparel retailers were rising fast in late-day trading on Wednesday, with Foot Locker (NYSE: FL) up 7%, Hanesbrands (NYSE: HBI) jumping nearly 11%, and Under Armour (NYSE: UA)(NYSE: UAA) almost 9% higher. While rivals like Walmart (NYSE: WMT) and Target (NYSE: TGT) were allowed to stay open because they also sold food, they continued selling apparel, sporting goods, and other merchandise that the specialty retailers were prohibited from remaining open and selling themselves. Athletic wear may be helping three apparel retailers soar today.
- 06/03/2020
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