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Foot Locker Stock Slides
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,
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.
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.
1d
on MSN
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.
GlobalData on MSN
16h
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 ...
20h
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 ...
23h
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 ...
1d
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 ...
1d
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.
10h
Foot Locker’s Growth Potential: Navigating Challenges with Positive Indicators
Needham analyst Tom Nikic has maintained their bullish stance on FL stock, giving a Buy rating on November 26.Don't Miss our Black Friday ...
19h
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 ...
1d
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 ...
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