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Foot Locker Cuts Outlook
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 Stock Stumbles on Surprise Loss, Slashed Guidance
Foot
Locker
stock dropped after the retailer reported a third-quarter loss, when analysts had expected a profit. CEO Mary Dillon attributed to the loss in part to a softer back-to-school period. The company also lowered its full-year sales and EPS forecast.
Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks
Foot Locker, Inc (NYSE:FL) stock tumbled in the premarket session on Tuesday. The company reported a third-quarter adjusted EPS of $0.33, missing the analyst consensus estimate of $0.41. Quarterly sales of $1.
22h
on MSN
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 ...
4h
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 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 ...
22h
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 ...
11h
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 ...
17h
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.
6h
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 ...
23h
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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Nike
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