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 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 ...
Business Insider15h
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 $16.00. Don't Miss our Black Friday Offers: Unlock your ...
GlobalData on MSN23h
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 ...
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.
Business Insider15h
Foot Locker price target lowered to $16 from $17 at Morgan Stanley
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 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 ...
Foot Locker’s loyalty revamp shows early signs of success
The footwear company’s overhauled loyalty program and mobile app contributed to more digital purchases even as overall sales ...