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Foot Locker to emphasize newer Nike styles at stores
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 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.
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 despite recent softness as the company rebalances its product mix and inventory levels, Foot Locker ( FL) remains confident in Nike’s ( NKE) actions to benefit the brand as well as on the overall industry and partnership.
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
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 ...
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.
5d
Foot Locker (FL) Reports Q3: Everything You Need To Know Ahead Of Earnings
Footwear and apparel retailer Foot Locker (NYSE:FL) will be reporting earnings tomorrow before the bell. Here’s what you need ...
5d
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 ...
Business Insider
3d
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 ...
4d
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 ...
1d
Three San Diegans qualify for Foot Locker National Championships at Balboa Park
Chiara Dailey of La Jolla High School places second on Saturday, clocking a time of 18:04.2 over the hilly 3-mile course ...
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 ...
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Related topics
Nike
Q3
Piper Sandler
Mary Dillon
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