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Foot Locker Cuts Outlook
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 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 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 shares tumble on guidance cut, disappointing Q3 results
Foot Locker (NYSE:FL) saw its shares tumble more than 9% in premarket trading Wednesday after the company cut its annual earnings and sales forecast. For the fiscal third quarter, the footwear retailer posted earnings per share (EPS) of $0.
Foot Locker Stock Dips Ahead of Q3 Earnings: Retail Sentiment Slips
Shares of footwear and apparel retailer Foot Locker Inc. ($FL) were down 3.8% on Tuesday afternoon ahead of the company’s third-quarter earnings release, dampening retail sentiment. Wall Street analysts are expecting earnings per share of $0.
2h
Foot Locker sounds the alarm on a concerning customer behavior
The change in consumer behavior has prompted the company to lower its outlook on comparable sales for the full year, despite ...
14h
on MSN
Foot Locker Stock Trades Sharply Lower After Earnings. What We Know.
Shares of Foot Locker were dropping Wednesday after the shoe retailer posted a weak quarter and slashed its financial outlook ...
11h
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 ...
8h
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.
11h
on MSN
Foot Locker to emphasize newer Nike styles at stores amid soft demand for its shoes
Foot Locker executives said on Wednesday they are working closely with Nike to emphasize its newer styles, including Vomero ...
13h
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 ...
12h
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 ...
Investopedia on MSN
14h
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 ...
14h
Foot Locker’s loyalty revamp shows early signs of success
The footwear company’s overhauled loyalty program and mobile app contributed to more digital purchases even as overall sales ...
Business Insider
14h
Foot Locker price target lowered to $22 from $27 at Jefferies
Jefferies lowered the firm’s price target on
Foot
Locker
(FL) to $22 from $27 and keeps a Hold rating on the shares after the company’s Q3 results underperformed Street expectations “across the ...
16h
on MSN
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.
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Nike
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