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 ...
The change in consumer behavior has prompted the company to lower its outlook on comparable sales for the full year, despite ...
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
Shares of Foot Locker were dropping Wednesday after the shoe retailer posted a weak quarter and slashed its financial outlook ...
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 ...
Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total ...
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 ...
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.
Analyzing Foot Locker, Inc.'s Q3 '24 results, including a stock drop and lowered guidance, with a focus on margins and sales.
Foot Locker’s CEO blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the ...
Foot Locker shares tumbled after the company posted an unexpected third-quarter loss and cut its full-year outlook before the ...