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Fiscal Q3 Earnings Snapshot
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 revises FY24 outlook as sales drop 1.4% in Q3
Sportswear and footwear retailer Foot Locker has revised its outlook for the full fiscal year 2024 following a 1.4% drop in sales to $1.95bn during the third quarter. The decline is notable compared to the $1.98bn reported in the same quarter of 2023.
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.
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Foot Locker CEO remains confident in Nike partnership
As a key supplier, Nike (NKE) shares were losing ground in early Wednesday trading in sympathy with disappointing Q3 results ...
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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 ...
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