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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.
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 Q3: No Recovery In Sight
Foot Locker faces declining sales and lowered FY2024 guidance. Find out why FL stock could drop 37% as the poor outlook persists.
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 market opened Wednesday.
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 quarter. Shares of the retailer fell.
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. Click for my FL stock update.
Foot Locker price target lowered to $20 from $21 at Williams Trading
Williams Trading lowered the firm’s price target on Foot Locker (FL) to $20 from $21 and keeps a Hold rating on the shares. The firm reduces
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.
Foot Locker: Fiscal Q3 Earnings Snapshot
(FL) on Wednesday reported a loss of $33 million in its fiscal third quarter. The New York-based company said it had a loss of 34 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs,
Foot Locker Inc. Q3 Earnings Summary
Below are the earnings highlights for Foot Locker Inc. (FL): Earnings: -$33 million in Q3 vs. $28 million in the same period last
2d
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 ...
2d
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
2d
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 ...
2d
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 ...
Business Insider
1d
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 ...
15h
Preview: San Diego’s top cross-country runners travel to Mt. SAC for Foot Locker Regionals
How: The top 10 finishers, boys and girls, advance to the Dec. 14 Foot Locker National Championships at Balboa Park. Who: ...
2d
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 ...
1d
Foot Locker’s Structural Challenges and Earnings Miss Prompt Sell Rating from Analyst Straton
Analyst Alexandra Straton of Morgan Stanley maintained a Sell rating on Foot Locker (FL – Research Report), reducing the price target to ...
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