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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
Dillon
attributed to the loss in part to a softer back-to-school period. The company also lowered its full-year sales and EPS forecast.
Foot Locker shares tumble as it issues gloomy holiday outlook, sees 'softness' at Nike
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
Foot Locker Tumbles With Sales Weakness Prompting Outlook Cut
Foot Locker Inc.’s shares sank after the sneaker chain cut its full-year sales and profit forecasts, citing more discounts and a pullback in consumer spending ahead of the crucial holiday season.
Foot Locker Trims FY24 Outlook - Update
While reporting financial results for the third quarter on Wednesday, specialty athletic retailer Foot Locker, Inc. (FL) lowered its
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 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.
20h
on MSN
Foot Locker shares plunge 9% 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 ...
17h
on MSN
Foot Locker CEO remains confident in Nike partnership
“On a strategic level, we are confident in the strength of our partnership with Nike,” Dillon assured analysts, and that ...
18h
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 ...
9h
on MSN
Tech Stocks and AI Propel Wall Street’s Record-Setting Streak
The Dow Jones Industrial Average rose 308 points, or 0.7 percent, while the Nasdaq composite added 1.3 percent to its own ...
4h
Tech stocks boost Wall Street to more records
U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they're getting from the ...
sgbonline
12h
Foot Locker Lowers FY Outlook on Q3 Miss, Promo Pressures, and Weak Consumer
Comparable sales increased 2.4 percent y/y for the quarter, including global Foot Locker and Kids Foot Locker comparable ...
Idaho Business Review
19h
Profits made possible by AI push Wall Street toward more records
U.S. stocks keep rolling higher, and indexes rose Dec. 4 after tech companies talked up how much artificial intelligence is ...
21h
Foot Locker stock drops 20% on Nike concerns
Foot Locker reports a weak Q3 and lowers full-year guidance. CEO Dillon cites softness at Nike for the disappointing results.
21h
Tech stocks and AI pull Wall Street toward more records
U.S. stocks keep rolling higher, and indexes rose Wednesday after tech companies talked up how much artificial intelligence ...
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