NYSE:FL - New York Stock Exchange, Inc. - US3448491049 - Common Stock - Currency: USD
Check out these three retail footwear & apparel stocks that can build off of their success in 2024 and keep rising in the new year.
Discover key insights into Nike's turnaround strategy and Synopsys' AI-driven growth, including challenges from market headwinds and geopolitical tensions.
Over the last six months, Foot Locker’s shares have sunk to $22.41, producing a disappointing 15.9% loss - a stark contrast to the S&P 500’s 9.3% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Nike is slowly moving in the right direction, by going back to the basics.
Nike is slowly moving in the right direction by going back to the basics.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the footwear retailer stocks, including Foot Locker (NYSE:FL) and its peers.
Salesforce and mostly positive tech earnings buoyed the major indexes.
Dollar Tree tops earnings estimates, narrows guidance. Foot Locker falls on Q3 miss, slashed earnings forecast. Nike stock slides.
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 $1.96 billion missed the street view of $2.02 billion. Also Read: Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks Total sales decreased 1.4% year over year. Comparable sales grew by 2.4%, led by 2.8% growth in global Foot Locker and Kids Foot Locker comparable sa
Footwear and apparel retailer Foot Locker (NYSE:FL) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 1.4% year on year to $1.96 billion. Its non-GAAP profit of $0.33 per share was 18.4% below analysts’ consensus estimates.