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Foot Locker to emphasize newer Nike styles at stores
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 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.
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.
Fiscal Q3, Foot Locker
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: 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,
Dollar Tree: Fiscal Q3 Earnings Snapshot
The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
12h
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 ...
22h
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 ...
sgbonline
16h
Foot Locker Lowers FY Outlook on Q3 Miss, Promo Pressures, and Weak Consumer
Comparable sales increased 2.4 percent y/y for the quarter, including global Foot Locker and Kids Foot Locker comparable ...
5h
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 ...
Business Insider
1d
Foot Locker price target lowered to $22 from $27 at Jefferies
Jefferies lowered the firm’s price target on
Foot
Locker
(FL) to $22 from $27 and keeps a Hold rating on the shares after the company’s Q3 results underperformed Street expectations “across the ...
1d
on MSN
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.
1d
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 ...
19h
on MSN
These Stocks Are Moving the Most Today: Marvell, Salesforce, Pure Storage, Chewy, GM, Roku, Foot Locker, Couchbase, and More
Stocks were rising Wednesday and tech shares led the charge higher following better-than-expected earnings from Salesforce ...
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Piper Sandler
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