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Foot Locker Stock Trades Sharply Lower
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.
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. For its fiscal third quarter, the company reported adjusted earnings of 33 cents per share,
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.
2d
on MSN
Foot Locker Lowers FY24 Outlook After 3Q Misses Estimates Amid Soft Demand, Higher Promos
Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions ...
2d
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 ...
2d
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 ...
Business Insider
1d
Foot Locker price target lowered to $29 from $34 at Barclays
Barclays analyst Adrienne Yih lowered the firm’s price target on
Foot
Locker
(FL) to $29 from $34 and keeps an Overweight rating on the shares. The company’s Q3 results missed across the board as ...
2d
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 ...
14h
Preview: San Diego’s top cross-country runners travel to Mt. SAC for Foot Locker Regionals
How: The top 10 finishers, boys and girls, advance to the Dec. 14 Foot Locker National Championships at Balboa Park. Who: ...
1d
Foot Locker’s Structural Challenges and Earnings Miss Prompt Sell Rating from Analyst Straton
Analyst Alexandra Straton of Morgan Stanley maintained a Sell rating on Foot Locker (FL – Research Report), reducing the price target to ...
2d
on MSN
Foot Locker Sinks 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 ...
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