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 is undervalued with a PE of 13.59, which is far below other competitors. Foot Locker is over dependent on Nike, but they are making moves to diversify with more brands.

Foot Locker: Growth Prospects Are There

Foot Locker, Inc's (NYSE: FL) stock valuation seems attractive given the durability of the company's competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan upgraded Foot Locker from Market Perform to Outperform and raised the price target from $38 to $55.

Cowen's Foot Locker Bull Case: 'Significant Potential'

Citigroup

Hexcel

Iron Mountain

Kansas City Southern

ServiceNow

Occidental Petroleum

Raytheon Technologies

T-Mobile US

Tapestry

As incredible as it may seem, 2021 is already here, the holidays are over and everybody finally has returned to Wall Street for what could be a very different year for investors, compared with the roller-coaster ride we took last year.

BofA Securities Out With Top 10 Stock Ideas for Q1 2021

BJ`s Wholesale Club Holdings Inc

Kroger

Price is what you pay; value is what you get.

3 Great Stocks Under $50 to Buy for 2021

GameStop

NetApp

Arvinas Inc

BioAtla, Inc

Coupa Software

Eos Energy Enterprises

Guidewire Software

Jack Henry & Associates

Mustang Bio

Odonate Therapeutics

Upstart Holdings

Vistra Energy

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there has been due to the pandemic resurgence and political issues.

Notable Insider Buys In The Week Of Christmas: Foot Locker, GameStop, NetApp And More

Alibaba

Columbia Sportswear Company

Shoe Carnival

Ulta Beauty

These stocks have high business quality and are trading at a fair GF Value

5 Retail Companies to Consider Ahead of Christmas

Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?

Why Is Foot Locker (FL) Down 5.5% Since Last Earnings Report?

Amazon

Fastenal

Korn/Ferry Int.

NVIDIA

According to the All-in-One Screener, a Premium feature of GuruFocus, five stocks with high financial strength and profitability and multiple guru and insider buys over the past six months are Amazon.com Inc. (NASDAQ:AMZN), Fastenal Co. (NASDAQ:FAST), Foot Locker Inc. (NYSE:FL), Korn Ferry (NYSE:KFY) and Nvidia Corp. (NASDAQ:NVDA).

5 High-Quality Stocks Bought by Gurus and Insiders

NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the appointment of Himanshu Parikh as Senior Vice President, Chief Information Officer, effective December 11, 2020. Parikh will oversee the execution of...

Foot Locker, Inc. Appoints Himanshu Parikh As Senior Vice President, Chief Information Officer

The shares of Foot Locker Inc (NYSE:FL) are down 0.8% at $41.90 at last check, after KeyBanc initiated coverage with a "sector weight" rating.

Foot Locker Stock Falters After Recent Highs

The plan is aimed at keeping one specific Czech billionaire from snapping up the company.

Foot Locker Fends Off an Activist Takeover With a New Poison Pill Plan

Foot Locker Inc. said Tuesday that it has adopted a short-term shareholder rights plan, or poison pill, after Vesa Equity Investment announced that it has acquired 12.2% of the athletic retailer's common stock. Vesa has received clearance to acquire as much as half of Foot Locker's common stock under the Hart-Scott-Rodino Act.

Foot Locker adopts shareholder rights plan after Vesa Equity acquires 12.2% of common stock

NEW YORK, Dec. 8, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL, "the Company"), the New York-based specialty athletic retailer, today announced that its Board of Directors has adopted a short-term shareholder rights plan ("the Rights Plan") and declared a dividend distribution of one...

Foot Locker, Inc. Adopts Short-Term Shareholder Rights Plan

Kraft Heinz

American Assets

American Homes 4 Rent

Icahn Enterprises

Multiplan Corp

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.

Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More

Vesa Equity Investments, controlled by Czech billionaire Daniel Kretinsky, bought $19.7 million of Foot Locker shares. Vesa remains the apparel and footwear company's largest shareholder.

Foot Locker's Largest Investor Bought Up More Shares

Foot Locker shows rising price performance, earning an upgrade to its IBD Relative Strength Rating The post Foot Locker Sees IBD RS Rating Climb To 75 appeared first on Investor's Business Daily.

Foot Locker Sees IBD RS Rating Climb To 75

NEW YORK, Nov. 30, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced the planned retirement of Lauren B. Peters, Foot Locker's Executive Vice President and Chief Financial Officer, with an expected effective date in April...

Foot Locker Chief Financial Officer Lauren B. Peters To Retire In April 2021

Coty

Danaher

Biglari Hlds

Biohaven Pharmaceutical Hld

Stoke Therapeutics Inc

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there was before and after the elections and as the pandemic worsens.

Notable Insider Buys in the Past Week: Biglari, Coty, Danaher, Foot Locker And More

If you are looking for the best ideas for your portfolio you may want to consider some of RF Capital's top stock picks. RF Capital, an investment management firm, is bullish on Foot Locker Inc. (NYSE:FL) stock. In its Q3 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on Foot Locker Inc. (NYSE:FL) stock. Foot Locker Inc. (NYSE:FL) is a shoe stores company.

Lookback: RF Capital's 2019 Foot Locker (FL) Thesis

Footwear and apparel retailer Foot Locker, Inc. (NYSE: FL) is entering the final weeks of 2020 with many of its stores closed, and its long-term post-pandemic outlook has its own separate headwinds, according to Piper Sandler. The Foot Locker Analyst: Erinn Murphy downgraded Foot Locker from Neutral to Underweight with a price target lifted from $25 to $29.

Piper Sandler Highlights Continued Foot Locker Store Closures In Downgrade

Workday

Sunrun

Slack

Foot Locker, Slack, Workday and Sunrun were our top stock trades for Monday. Now, let's have a look at the chart to see what's going on.

4 Top Stock Trades for Monday: FL, WORK, WDAY, RUN

Foot Locker Inc. (NYSE: FL) said on Friday that its profit and comparable-store sales in the fiscal third quarter blew past Wall Street estimates. The company reported £199.61 million of net income in the recent quarter that translates to £1.90 per share.

Foot Locker's same-store sales come in 7.7% higher in fiscal Q3

Foot Locker, Inc. (FL) CEO Dick Johnson on Q3 2020 Results - Earnings Call Transcript

Foot Locker and Hibbett Sports earnings blew out third-quarter views. But shares of the sporting goods stores turned mixed.

Nike Retail Outlet, Rival Chain Race Past Earnings Views

Foot Locker (FL) posts stellar third-quarter fiscal 2020 results. Results benefited from strength across the company's in-store and online assortments.

Foot Locker's (FL) Q3 Earnings & Sales Top Estimates, Up Y/Y

News for Foot Locker Stock (FL)