The change in consumer behavior has prompted the company to lower its outlook on comparable sales for the full year, despite ...
Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total ...
"We'll work through some of this short-term turbulence and play the long game for sure," said Foot Locker Chief Commercial Officer Frank Bracken on a call with investors. In both 2022 and 2023, ...
Sportswear and footwear retailer Foot Locker has revised its outlook for the full fiscal year 2024 following a 1.4% drop in ...
Comparable sales increased 2.4 percent y/y for the quarter, including global Foot Locker and Kids Foot Locker comparable ...
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 ...
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.
The footwear company’s overhauled loyalty program and mobile app contributed to more digital purchases even as overall sales ...