The change in consumer behavior has prompted the company to lower its outlook on comparable sales for the full year, despite ...
Shares of Foot Locker were dropping Wednesday after the shoe retailer posted a weak quarter and slashed its financial outlook ...
Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total ...
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 ...
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third ...
Sportswear and footwear retailer Foot Locker has revised its outlook for the full fiscal year 2024 following a 1.4% drop in ...
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 ...
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.
Foot Locker faces declining sales and lowered FY2024 guidance. Find out why FL stock could drop 37% as the poor outlook ...
The footwear company’s overhauled loyalty program and mobile app contributed to more digital purchases even as overall sales ...