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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Foot Locker (FL) delivered earnings and revenue surprises of 8.84% and 1.88%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Foot Locker (FL) Q1 Earnings Top Estimates

V.F.

SPDR S&P Retail ETF

The takeaway from Q1 earnings for the retailers (NYSEARCA: XRT) is slowing growth and margin compression. Those factors have the sector down across verticals but not all retailers are feeling the same pain.

3 Retailers That Defied First Quarter Headwinds

Foot Locker says it expects full-year earnings and revenue at the 'upper end' of its guidance.

Foot Locker Stock Rises as Profit Tops Estimates

Foot Locker Inc. FL, -2.01% shares rose 4.1% in Friday premarket trading after it reported first-quarter profit that beat expectations. The athletic retailer posted net income of $133 million, or $1.37 per share, down from $202 million, or $1.93 per share, last year.

Foot Locker shares rise after profit beat

Total Sales Increased 1.0%; Comparable-Store Sales Decreased 1.9% EPS of $1.37 and Non-GAAP EPS $1.60 Expect to Reach Upper End of 2022 Sales and Earnings Range Repurchased $89 million of stock NEW YORK, May 20, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its first quarter ended April 30, 2022. "We are off to a strong start in 2022, reporting a solid quarter against the tough comparisons of fiscal stimulus and historically-low promotions from last year," said Richard Johnson, Chairman and Chief Executive Officer.

Foot Locker, Inc. Reports 2022 First Quarter Results; Updates 2022 Outlook

Analysts are wary of Foot Locker's stock, with roughly two-thirds of those tracked by FactSet rating it a Hold or equivalent.

Foot Locker Will Cap Tough Earnings Week for Retailers

Foot Locker, Inc. (NYSE:FL) stock's struggles on the charts aren't being helped by today's selloff on Wall Street.

Foot Locker Stock Faces Key Trendline Ahead of Earnings

Deere & Company

Ross Stores

All three major U.S. equity indexes posted gains of more than 1% Tuesday but gave some of that back in premarket trading Wednesday.

Earnings Previews: Deere, Foot Locker, Ross Stores

Foot Locker (FL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Foot Locker (FL) Might Surprise This Earnings Season

Sturdy growth in the digital realm and gains from strategic initiatives might have aided Foot Locker's (FL) sales in first-quarter fiscal 2022. However, supply-chain disruptions and high costs are woes.

Foot Locker (FL) to Post Q1 Earnings: Key Things to Note

Home Depot

Lululemon Athletica

Walmart

These retail stocks could be in focus ahead of April's retail sales data.

Recession-Proof Stocks To Buy Now? 4 Retail Stocks To Know

While Footlocker (NYSE: FL) could come out and surprise the market on Friday when it reports we aren't going to hold our breaths waiting for share prices to rebound. A number of factors are weighing on share prices and we see those forces driving the stock lower.

Don't Bet On Footlocker To Rebound After Q1 Earnings

NEW YORK , May 16, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Richard Johnson, Chairman and Chief Executive Officer, and Andrew Page, Executive Vice President and Chief Financial Officer, will present at Cowen's 6th Annual Future of the Consumer Conference on Tuesday, May 24 th at 3:10 p.m. ET. A link to the live audio fireside chat will be available on www.footlocker-inc.com, and a replay will be available on the website for 90 days following the event.

FOOT LOCKER, INC. TO PRESENT AT COWEN'S 6TH ANNUAL FUTURE OF THE CONSUMER CONFERENCE

Foot Locker is the largest footwear retailer in the world with a strong brick-and-mortar presence, but can it keep up with the growing digital sneaker world?

How the digital sneaker boom changed Foot Locker's business

adidas AG

Sports apparel and footwear brand Adidas has expanded its partnership with athletic retailer Foot Locker, with a focus on product innovation, elevated experiences and deeper consumer connectivity, the companies said in a joint press release. As part of the broadened collaboration, Foot Locker will become Adidas' lead partner in basketball, accelerate so-called “energy” and “hype” […]

Adidas, Foot Locker Enhance Partnership Around Customer Experience, Connectivity

NIKE

Foot Locker Inc is aiming to triple Adidas's sales of sneakers and other items at its stores, as it promotes the products of the German sportswear giant to counter Nike Inc's shrinking presence at the retail chain.

Foot Locker to focus more on Adidas as Nike lowers presence

Partnership advances joint commitment to sports community and sneaker culture  HERZOGENAURACH, Germany and NEW YORK , May 5, 2022 /PRNewswire/ -- adidas AG (XETRA: ADS.DE) ("adidas"), a global leader in the sporting goods industry, and Foot Locker, Inc. (NYSE: FL) ("Foot Locker"), the New York-based specialty athletic retailer, today announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the basketball category, accelerate energy and hype launches, as well as include the development and expansion of key franchises across women's, kids, and apparel.

adidas and Foot Locker, Inc. Announce New Long-Term Strategic Partnership

Foot Locker boasts a high, safe, and sustainable dividend of more than 5%. The company's board has authorized share buybacks up to $1.2 billion of the outstanding common stock.

Foot Locker: Attractive Dividend And Share Buyback Program

NEW YORK , May 4, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its first quarter ended April 30, 2022 before the U.S. markets open on Friday, May 20, 2022. A conference call is scheduled for the same day at 9:00 a.m.

FOOT LOCKER, INC. TO REPORT FIRST QUARTER FINANCIAL RESULTS ON FRIDAY, MAY 20, 2022

Teladoc

Wynn Resorts

These stocks to avoid are the type of securities that get crushed when inflation is running at unsustainable levels. The post What Are the Worst Investments During Inflation?

What Are the Worst Investments During Inflation? 3 Stocks to Avoid.

M.D.C. Holdings

Prudential Financial

Recently, I constructed a screen on the GuruFocus All-in-One Screener, a Premium feature, using the stock selection process described by Benjamin Graham in his classic book "The Intelligent Investor." I as screening for those equities that are trading below book value, pay dividends of greater than 3% and which trade on the New York Stock Exchange.

3 Below Book Value Stocks Paying Big Dividends

Can this athletic shoe retailer win back market share now that its biggest supplier is cutting back product?

Bear of the Day: Foot Locker (FL)

Champs Sports said Monday that it will launch the first Homefield location in Pembroke Pines, Fla., between April 22 and April 24.

Foot Locker subsidiary Champs Sports launching new format equipped with a basketball court and other attractions

Foot Locker brand Champs Sports is bucking the “store of the future” trend that brings smart retail into smaller spaces by opening its largest location yet — a 35,000-square-foot outpost in southern Florida that includes an indoor multi-sport court, according to a Modern Retail report Monday (April 18). Champs calls the new concept — set […]

Foot Locker's Champs Sports Enters Experiential Retail Game in Bid to Compete With Dick's, Nike

Nike's decision to go direct-to-consumer could weigh on FL's top-line in the near term, but the company is positioned for success in the long run. Meanwhile, Foot Locker has a strong track record of shareholder returns, and recently bumped its dividend to above pre-pandemic levels.

News for Foot Locker Stock (FL)