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Foot Locker Stock Slides
Foot Locker Stock Trades Sharply Lower After Earnings. What We Know.
Shares of Foot Locker were dropping Wednesday after the shoe retailer posted a weak quarter and slashed its financial outlook.For its fiscal third quarter, the company reported adjusted earnings of 33 cents per share,
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 sales for the quarter slipped 1.4% to $1.96 billion.
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.
Seeking Alpha
2h
Foot Locker Q3: No Recovery In Sight
Foot
Locker
, Inc.'s Q3 performance missed expectations with a turnaround failing to materialize, and the lowered FY2024 ...
3h
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 ...
26m
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 ...
1h
on MSN
Foot Locker CEO remains confident in Nike partnership
“On a strategic level, we are confident in the strength of our partnership with Nike,” Dillon assured analysts, and that ...
3h
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 ...
8h
Foot Locker cuts FY24 adjusted EPS view to $1.20-$1.30 from $1.50-$1.70
Consensus $1.53. Cuts FY24 revenue view to down 1%-1.5% from down 1% to up 1%. Narrows FY24 comparable sales view to up 1%-1.5% from up 1%-3%.
5h
on MSN
Foot Locker Lowers FY24 Outlook After 3Q Misses Estimates Amid Soft Demand, Higher Promos
Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions ...
7h
on MSN
Foot Locker Q3 results undermined by promotional pricing, lowers FY25 guidance
Foot Locker (FL) misses Q3 expectations and lowers guidance on soft consumer environment, increased discounting. Read more ...
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