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Foot Locker's Q3: Not That Bad Though The Market Was Spooked, Still A Hold
Analyzing Foot Locker, Inc.'s Q3 '24 results, including a stock drop and lowered guidance, with a focus on margins and sales. Click for my FL stock update.
Foot Locker Reports Mixed Q3 2024 Results
Foot Locker ( ) has issued an announcement. Foot Locker, Inc. reported a mixed third quarter 2024, with a slight decrease in total sales by 1.4% and a 2.4% increase in comparable
Foot Locker Cuts Guidance after Q3 Loss
Impairment charges totaling $60 million pulled Big Foot’s bottom line into the red in the third quarter, resulting in a net loss of $33 million against a $28 million profit, as revenues slipped just over 1% to $1,
Foot Locker Q3: No Recovery In Sight
Foot Locker faces declining sales and lowered FY2024 guidance. Find out why FL stock could drop 37% as the poor outlook persists.
Foot Locker: Fiscal Q3 Earnings Snapshot
For the current quarter ending in January, Foot Locker expects its per-share earnings to range from 70 cents to 80 cents. The company expects full-year earnings in the range of $1.20 to $1.30 per share.
Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks
Foot Locker, Inc (NYSE: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. Quarterly sales of $1.
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.
Foot Locker Inc. Q3 Earnings Summary
Below are the earnings highlights for Foot Locker Inc. (FL): Earnings: -$33 million in Q3 vs. $28 million in the same period last
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,
Foot Locker Cuts Outlook After Swinging to Loss in 3Q
Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions and soft spending from customers.
Foot Locker sees year-end inventories ‘approximately flat’ vs. 2023
Expects to open 27 new stores, close about 130 in 2025. Expects Q4 to be “the most meaningful margin improvement” in 2024. Don't Miss our Black
Footwear News on MSN
11h
Foot Locker Says Soft Consumer Trends, Heavy Promotions Led to Rocky Q3
Foot Locker CEO Mary Dillon said that sales were generally slower outside of key shopping events like back-to-school and ...
sgbonline
1h
EXEC: Foot Locker Sees Nike Softness in Q3 While Adidas, NB, Asics, On, and Hoka Shine
Footwear comped positive in high single-digits in the third quarter, reportedly led by strong results from Adidas, New ...
11h
Foot Locker (NYSE:FL) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Footwear and apparel retailer Foot Locker (NYSE:FL) missed Wall Street’s revenue expectations in Q3 CY2024, with sales ...
Investopedia on MSN
8h
Foot Locker Stock Stumbles on Surprise Loss, Slashed Guidance
Foot
Locker
stock dropped after the retailer reported a third-quarter loss, when analysts had expected a profit. CEO Mary ...
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