Nike faces steepest revenue drop in 5 years as consumer spending slows down [USA TODAY]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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footlocker-inc.com/investors.cfm?page=investor-relations
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Source: USA TODAY
results on Thursday, as its new products failed to open the wallets of Americans reluctant to snap up non-essential items like sporting goods and clothing. Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, according to market intelligence firm Sensor Tower. Foot traffic at Nike stores was down 11%, according to data compiled by Raymond James. Foot Locker FL.N, a major Nike retailer, disclosed in its earnings March 5 that promotional pressures would hurt its profit margins in the year ahead. This signaled the impact of discounts imposed by Nike to clear out unsold inventory. Nike products comprise more than 60% of Foot Locker merchandise. Those recent indicators illustrate the long road ahead for Nike and it
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News
- FOOT LOCKER, INC. TO PRESENT AT THE J.P. MORGAN 11TH ANNUAL RETAIL ROUND UP CONFERENCEPR Newswire
- 98% of U.K. Frontline Workers Face Customer Incivility: Axonify Survey Reveals Urgent Need for Enhanced TrainingPR Web
- Foot Locker Promotes COO Franklin Bracken to President in Effort to ‘Accelerate' Its Lace Up Plan [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER, INC. NAMES FRANKLIN R. BRACKEN AS PRESIDENT [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER, INC. NAMES FRANKLIN R. BRACKEN AS PRESIDENTPR Newswire
FL
Earnings
- 3/5/25 - Beat
FL
Sec Filings
- 3/27/25 - Form 10-K
- 3/26/25 - Form 8-K
- 3/25/25 - Form 4
- FL's page on the SEC website