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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 and soft spending from customers.
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 EPS of $0.33, missing the analyst consensus estimate of $0.41. Quarterly sales of $1.
Foot Locker (FL) Misses Q3 Earnings and Revenue Estimates
Foot Locker (FL) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.
4h
on MSN
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 ...
1h
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.
5h
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 ...
31m
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 ...
7h
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 ...
Investopedia on MSN
6h
Foot Locker Stock Stumbles on Surprise Loss, Slashed Guidance
Foot
Locker
stock dropped after the retailer reported a third-quarter loss, when analysts had expected a profit. CEO Mary ...
5h
Foot Locker Q3: No Recovery In Sight
Foot Locker faces declining sales and lowered FY2024 guidance. Find out why FL stock could drop 37% as the poor outlook ...
sgbonline
11m
EXEC: Foot Locker Sees Nike Softness in Q3 While Adidas, NB, Asics, On, and Hoka Shine
Footwear comped positive in high single-digits in the third quarter, reportedly led by strong results from Adidas, New ...
10h
on MSN
Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
11h
Foot Locker: Fiscal Q3 Earnings Snapshot
For the current quarter ending in January, Foot Locker expects its per-share earnings to range from 70 cents to 80 cents. The ...
10h
Foot Locker reports Q3 adjusted EPS 33c, consensus 40c
Reports Q3 revenue $1.96B, consensus $2B. Comparable sales increased by 2.4%, including global Foot Locker (FL) and Kids Foot Locker comparable ...
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