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Foot Locker Lowers FY24 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 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 industry.
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 posts sales drop amid ongoing reinvention, Nike softness
Foot Locker has reported a sales decline for the third quarter, which an analyst said was reasonable as the company’s reinvention is still in the early days.
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 and Air DT Max shoe models, amid "softness" in demand for the sneaker giant's products as the holiday shopping season begins.
4d
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 ...
4d
on MSN
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 ...
4d
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 ...
3d
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third ...
GlobalData on MSN
3d
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 ...
4d
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.
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A Glimpse of Foot Locker's Earnings Potential
Return on Equity (ROE): Foot Locker's ROE falls below industry averages, indicating challenges in efficiently using equity ...
sgbonline
4d
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 ...
4d
on MSN
Foot Locker Stock Stumbles on Surprise Loss, Slashed Guidance
Foot Locker shares tumbled after the company posted an unexpected third-quarter loss and cut its full-year outlook before the ...
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Q3
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Piper Sandler
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