Foot Locker Still Has Hurdles To Clear As Collectors Get Cash Strapped [Forbes]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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Source: Forbes
We've seen talk of a turnaround at Foot Locker before. Before the pandemic, the retailer was going full-throttle to capitalize on its appeal with a young, urban “sneakerhead” audience, its turnaround strategy predicated on moving off-mall into Power Stores—standalone locations with event spaces and other enhanced, lifestyle-focused offerings for sneaker fanatics, not unlike Nike's . Competing for foot traffic in major markets with its biggest vendor was the least of Foot Locker's worries by early 2022, however, when Nike announced that plans to pull product from partner shelves would not spare Foot Locker. This precipitated a 30 percent stock dip for the retailer (and the impact of on-and-off social distancing regulations on in-person retail experiences probably did not help matters). Nike eventually doubled-back on its hasty sprint from wholesale and, at the beginning of 2023, that may see it playing ball more frequently with Foot Locker again. Also early that year former Ulta Bea
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FL
News
- Foot Locker, Inc. (NYSE: FL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Foot Locker, Inc. (NYSE: FL) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $25.00 price target on the stock.MarketBeat
- Foot Locker, Inc. (NYSE: FL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Dr. D'Wayne Edwards Was Rejected From Foot Locker 8 Times. Now He's One of the Retailer's Key Partners [Yahoo! Finance]Yahoo! Finance
- Robbery suspect pulled out of bush after LA County deputies search neighborhood [CBS News]CBS News
FL
Earnings
- 5/30/24 - Beat
FL
Sec Filings
- 6/14/24 - Form 4
- 6/12/24 - Form 10-Q
- 5/30/24 - Form 8-K
- FL's page on the SEC website