Foot Locker

Foot Locker, Inc. engages in the retail of athletic shoes and apparel. The firm uses its omni-channel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It operates through following segments: North America, EMEA (Europe, Middle East, and Africa, and Asia Pacific. The North America segment includes the following banners operating in the U.S. and Canada: Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, and Footaction. The EMEA segment includes the following banners operating in Europe: Foot Locker, Runners Point, Sidestep, and Kids Foot Locker. The Asia Pacific segment includes Foot Locker and Kids Foot Locker operating in Australia, New Zealand, and Asia. The company was founded on April 7, 1989 and is headquartered in New York, NY.

Earnings data Q4 2020

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Foot Locker faces sales decline and inventory challenges in Q1 2023

Foot Locker's Q1 2023 performance was impacted by sales declines, inventory challenges, and softening consumer demand. However, the company is making progress in strategic initiatives and sees opportunities in vendor mix expansion and leveraging investments for future growth.

Foot Locker faces sales challenges but strengthens partnerships for growth

Sales were softer than expected, leading to an update in guidance. Challenges with store traffic and conversion led to increased promotions. Foot Locker continues to strengthen partnerships and make progress in the Lace Up plan. Margin pressure and customer sensitivity to promotions impacted sales.

Foot Locker reports Q3 earnings ahead of expectations, focuses on digital growth and strategic partnerships

Foot Locker's Q3 performance saw a decline in comps but exceeded earnings per share expectations. The company is navigating challenges with disciplined expense management and a narrowed bottom-line guidance. Despite macro and customer risks, Foot Locker is leveraging strategic initiatives and exclusive partnerships to drive growth and improve its digital presence.

Foot Locker surpasses Q4 expectations, eyes significant growth by 2026

Foot Locker's Q4 performance exceeded expectations, driven by strong sales in North America and EMEA, but faced margin challenges.
Strategic initiatives focus on leveraging sneaker culture, targeting specific consumer segments, and enhancing digital capabilities for growth and engagement.
Despite anticipated challenges in 2023, Foot Locker aims for significant revenue growth by 2026 through technology investments, brand positioning, and margin expansion strategies.
Opportunities lie in expanding banners, enhancing digital experiences, broadening appeal, and driving total shareholder return through sales growth and buybacks.

Foot Locker adjusts guidance as sales decline, eyes growth

Foot Locker faces challenges from softening sales trends and inventory management issues.
Despite these challenges, the company is leveraging strategic initiatives to drive growth.
Opportunities lie in expanding off-mall presence, vendor mix diversification, and leveraging investments.
Overall, Foot Locker remains confident in the Lace Up plan for long-term growth.

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Champs Sports Homefield Closes the Gap Between Sport Performance, Wellness and Sportswear NEW YORK , April 18, 2022 /PRNewswire/ -- Champs Sports, part of Foot Locker, Inc. (NYSE:FL), today unveiled the brand's new retail concept – Champs Sports Homefield in Pembroke Pines, Florida – with the official grand opening taking place this weekend, April 22-24. Created as a true home for the modern athlete, the location is the brand's first iteration of its new Homefield concept and the largest of any Foot Locker, Inc. subsidiary in the world at 35,000+ square feet.

CHAMPS SPORTS UNVEILS NEW RETAIL CONCEPT IN SUPPORT OF THE MODERN ATHLETE

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Foot Locker has a market cap of less than 3 billion after the recent fall.

Foot Locker Is A Bargain At These Prices

Foot Locker, Inc.   (NYSE:FL ) stock was last seen down 5% to trade at $28.98, after Cowen and Company downgraded the equity to "market perform" from "outperform," and cut its price target to $34 from $42.

Foot Locker Stock Plummets on Analyst Downgrade

Cowen & Co. analyst John Kernan cut his rating on Foot Locker (FL) to Market Perform from Outperform, and lowered his price target to $34 from $42.

Foot Locker Stock Is Falling. It Just Lost Another Bull.

NEW YORK , March 24, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced its ambition to achieve net zero GHG emissions by 2050 or sooner, in alignment with climate scientists' recommendations to transition toward a net zero state and avoid the worst impacts of climate change. This announcement marks an important milestone in the Company's environmental, social, and governance (ESG) journey.

FOOT LOCKER, INC. ANNOUNCES AMBITION TO ACHIEVE NET ZERO GREENHOUSE GAS (GHG) EMISSIONS BY 2050 OR SOONER

Foot Locker Inc. FL, -0.31% said Monday that it has named Samantha Lomow president of global brands. Lomow was previously president of branded entertainment at Hasbro Inc. HAS, -0.38%.

Foot Locker names Hasbro vet to president of global brands role

NEW YORK, March 21, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the appointment of Samantha Lomow as President, Global Brands, effective March 18, 2022. Lomow joins Foot Locker, Inc. from Hasbro, Inc., where she served as President, Branded Entertainment, bringing over 25 years of global brand innovation, strategy, and business transformation experience across consumer products, entertainment, and licensing.

FOOT LOCKER, INC. APPOINTS SAMANTHA LOMOW AS PRESIDENT, GLOBAL BRANDS

NEW YORK, March 8, 2022 /PRNewswire/ --  In celebration of International Women's Day today, global sportswear and footwear retailer, Foot Locker, part of Foot Locker, Inc. (NYSE:FL), has revealed its month-long Women's History Month campaign dedicated to empowering women to integrate their personal style in their everyday workplace attire. For decades, Foot Locker has been committed to showcasing multi-faceted individuals across all industries, and this month shines a light on all dynamic, hard-working women.

FOOT LOCKER PARTNERS WITH STYLIST MONICA ROSE TO REWRITE THE RULES OF WORKPLACE ATTIRE THIS WOMEN'S HISTORY MONTH

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Foot Locker Earnings: The Big Takeaways

Foot Locker's share price is down over 50% from its 52-week high after revealing that it expects to sell significantly fewer Nike products.

Foot Locker Stock: Why It Has A Lot More Room To Run

Foot Locker's recent fall is part of a steady decline since last May, and Wall Street is increasingly worried about Nike's shift to its own direct-to-consumer business.

Bear of the Day: Foot Locker, Inc. (FL)

Shares of Foot Locker have fallen sharply based on a shift away from Nike and a disappointing 2022 outlook. But is there a silver lining going forward?

Foot Locker Has Been Thrown on the Clearance Rack -- Is It Now a Buy?

Foot Locker is diversifying away from main supplier Nike, which should generate profit for the retailer, some analysts say.

Foot Locker Stock Has Gotten Hit Hard. Why It's a Buy.

Shares of Foot Locker Inc (NYSE: FL) have recovered nearly 10% this week but Gilman Hill's Jenny Harrington is convinced it's still not too late to buy the stock at a deep discount. Harrington's bull case for Foot Locker Inc FL was hit hard late last week after the shoe stores company offered disappointing guidance […] The post Foot Locker shares are up 10% this week: is it too late to buy?

Foot Locker shares are up 10% this week: is it too late to buy?

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The big footwear company's move to cut out distribution to Foot Locker is the canary in the coal mine when it comes to big brands pulling out of third party distribution

Swoosh: Why Nike's Foot Locker Exit Could Devastate Other Retailers

Foot Locker (FL) posts robust results for fourth-quarter fiscal 2021 on solid gains from its strategic initiatives and brand diversification efforts.

Foot Locker's (FL) Shares Down 30% Despite Q4 Earnings Beat

CEO Richard Johnson said on Foot Locker's earnings call last week that the company would receive less “high heat” or marque product.

Foot Locker's Guidance Has Analysts Reeling. Here's Why.

Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday. The earnings report resulted in downgrades by Seaport Research and Morgan Stanley.

Why 2 Foot Locker Analysts Are Downgrading Stock After Q4 Earnings: 'We Were Not Expecting This'

Foot Locker tanked 30% after released strong Q4-2021 results. 2022 revenue outlook was bad.

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News for Foot Locker Stock (FL)