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Foot Locker Lowers FY24 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 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 industry.
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.
Foot Locker to emphasize newer Nike styles at stores amid soft demand for its shoes
Foot Locker executives said on Wednesday they are working closely with Nike to emphasize its newer styles, including Vomero and Air DT Max shoe models, amid "softness" in demand for the sneaker giant's products as the holiday shopping season begins.
4d
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 ...
4d
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 ...
4d
on MSN
Foot Locker Cuts Outlook After Swinging to Loss in 3Q
Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions ...
4d
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.
GlobalData on MSN
3d
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 ...
4d
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 ...
Business Insider
3d
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 ...
5d
A Glimpse of Foot Locker's Earnings Potential
Return on Equity (ROE): Foot Locker's ROE falls below industry averages, indicating challenges in efficiently using equity ...
1d
Three San Diegans qualify for Foot Locker National Championships at Balboa Park
Chiara Dailey of La Jolla High School places second on Saturday, clocking a time of 18:04.2 over the hilly 3-mile course ...
4d
on MSN
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 ...
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