Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback [MSNBC.com]
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Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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Source: MSNBC.com
Key PointsIn this articleA Foot Locker, Inc. store.Courtesy of: Foot Locker, Inc.'s biggest winners duringfirst-quarter earningsIf there's one takeaway from results posted by the largest U.S. retailers over the last few weeks, it's that shoppers are still spending — but beingfar more selectiveFeeling the brunt of sticky inflation, high interest rates and an economy thatfeels tougherCompanies likeTJX Companiesimpressed Wall StreetAmerican EagleTargetdisappointedTake Gap andposted positive comparable salesFor years, Gap had been losing market share to buzzy competitors. Butunder new CEO Richard DicksonA few weeks ago, actor Anne Hathaway went to a Bulgari party wearing a white Gap shirt dress that had been designed by the company's new creative director, Zac Posen. Critically, Gap dropped the $158 dress to consumers, and it sold out within hours. This combination of marketing and exclusive product drops is what Gap had long been lacking, and what competitors had already been doing.Foot
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News
- ATLANTA-BASED NON-PROFIT CAMP HBCYOUTH TEAMS UP WITH AMAZON ACCESS TO BRING EDUCATIONAL YOUTH SUMMER CAMPS TO TENNESSEE STATE UNIVERSITY AND MOREHOUSE COLLEGE [Yahoo! Finance]Yahoo! Finance
- Foot Locker's Revamped Loyalty Program Targets Sneakerheads and Deal Finders Alike [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER REIMAGINES SNEAKER SHOPPING EXPERIENCE WITH FLX REWARDS PROGRAM RELAUNCH [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER REIMAGINES SNEAKER SHOPPING EXPERIENCE WITH FLX REWARDS PROGRAM RELAUNCHPR Newswire
- Foot Locker, Inc. (NYSE: FL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
FL
Earnings
- 5/30/24 - Beat
FL
Sec Filings
- 6/25/24 - Form 8-K
- 6/14/24 - Form 4
- 6/12/24 - Form 10-Q
- FL's page on the SEC website