Foot Locker has lowered its expectations for the full year 2024 as its third-quarter (Q3) sales dropped by 1.4%.
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
The change in consumer behavior has prompted the company to lower its outlook on comparable sales for the full year, despite ...
Foot Locker’s CEO blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the ...
Analyzing Foot Locker, Inc.'s Q3 '24 results, including a stock drop and lowered guidance, with a focus on margins and sales.
Morgan Stanley lowered the firm’s price target on Foot Locker (FL) to $16 from $17 and keeps an Underweight rating on the shares. The company’s Q3 miss and FY guidance cut reinforces the firm’s ...
Sportswear and footwear retailer Foot Locker has revised its outlook for the full fiscal year 2024 following a 1.4% drop in ...
The footwear company’s overhauled loyalty program and mobile app contributed to more digital purchases even as overall sales ...
Analyst Alexandra Straton of Morgan Stanley maintained a Sell rating on Foot Locker (FL – Research Report), reducing the price target to $16.00. Don't Miss our Black Friday Offers: Unlock your ...