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 shifting from mall-based to off-mall 'new format' stores to attract a broader customer base. It has started partnerships with leading brands like Puma and Reebok and a renewed Nike partnership. NBA sponsorship to boost brand loyalty and engagement, tapping into the massive global basketball fan base.

Foot Locker Laces Up For Off-Mall Move

NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its fourth quarter ended February 3, 2024, before the U.S. markets open on Wednesday, March 6, 2024. A conference call is scheduled for the same day at 9:00 a.m.

FOOT LOCKER, INC. TO REPORT FOURTH QUARTER FINANCIAL RESULTS ON WEDNESDAY, MARCH 6

SL Green Realty

Super Micro Computer

Snap

SoFi Technologies

Forget Risky High Yield Stocks: 12 Option Trades With Double-Digit Yield Potential

I gave a buy rating with expectations of growth recovery in the next 2 years. The timing of investment is something to consider as the timing of growth is hard to pinpoint. Strategic initiatives such as the NBA partnership and entry into the Indian market position Foot Locker for future growth.

Foot Locker: Upside Attractive If Macro Conditions Recover

Dominion Energy

Nu Skin Enterprises

Investing in high-yield dividend stocks is one of the best ways to accumulate wealth to fund your retirement. For the better part of a century, dividend-paying companies have far outperformed non-payers with less risk.

Dividend Danger Zone: 3 High-Yield Stocks That Could Follow in Walgreens' Footsteps

Foot Locker (FL) strengthens its omnichannel presence and sneaker culture focus, banking on key brand partnerships and NBA collaboration.

Foot Locker (FL) to Gain From Lace Up Plan, Market Adaptation

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

Why Is Foot Locker (FL) Up 16% Since Last Earnings Report?

Foot Locker (FL) is trying to improve its performance through operational and financial initiatives. Its cost-optimization program bodes well.

Foot Locker's (FL) Growth Strategies Appear Encouraging

NIKE

Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.

Nike, Foot Locker shares plunge after sneaker maker cuts revenue outlook

Ford Motor Company

Hasbro

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

These 3 Consumer Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Ford Motor (NYSE:F), Foot Locker (NYSE:FL)

Shake Shack

Trip.com

The winds start blowing from East to West, and you sit at a sunny beach shore and find yourself staring at the horizon. In one of those 'a-ha' moments, you realize something right in front of you: blowing winds don't help or hinder large ships, but they can get sailboats to wherever they're going quicker!

How to use the FED cuts to your advantage with these 3 stocks

Few stocks have mimicked a rollercoaster over the years as that of Foot Locker Inc NYSE: FL. With a chart made up of seemingly non-stop triple-digit rallies and double-digit drops, it's perhaps no surprise that, once again, Foot Locker shares are hitting the headlines.

Foot Locker: the next chapter begins with an uber-bullish upgrade

Lucid Group

Global X NASDAQ 100 Covered Call ETF

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.

3 Charts For Investors to Watch Friday: Lucid, Foot Locker, QYLD ETF

Foot Locker Inc (NYSE: FL) is up nearly 10% on Thursday after a Piper Sandler analyst issued a bullish note in its favour. Foot Locker stock has upside to $33 Abbie Zvejnieks upgraded the footwear retailer today to “overweight” and raised her price target to $33 which suggests a 16% upside on its previous close.

Piper Sandler is ‘incrementally more positive' on Foot Locker stock

GameStop

U.S. retail sales fell in October for the first time in seven months as the economy shows signs of starting to cool. Indeed, Thanksgiving holiday retail sales during the weekend of Black Friday through Cyber Monday were strong.

3 Retail Stocks to Sell as Consumers Tighten Their Belts

Foot Locker (FL) has been benefiting from strength in its digital business, growth investments and FLX membership program. However, a challenging retail landscape has been impacting its results.

Foot Locker (FL) Gains From Digital Business Strength Amid Risks

Dick's Sporting Goods

Lululemon Athletica

Peloton

Under Armour

The holiday shopping season is now in full flight, but for sports apparel retailers and manufacturers, the mood is anything but festive.

Sports apparel retailers hope holidays will improve a post-pandemic slump

Foot Locker NYSE: FL has struggled over the past year as supply chain headwinds turned into inventory headwinds compounded by sluggish consumer trends and the post-pandemic letdown in spending. Today's takeaway is that reality is not as bad as the fear, and now the stock is in rebound mode.

Foot Locker gets a fresh wind, shares surge

Foot Locker (FL) posts dismal sales in third-quarter fiscal 2023 on soft comparable-store sales and adverse foreign-currency fluctuation impacts.

Foot Locker's (FL) Q3 Earnings Beat, Sales Decrease Y/Y

Foot Locker saw strong financial results over Thanksgiving weekend, and the sneaker and sportswear retailer decided to make a quick pivot in its full-year forecast, showing slightly improved sales trends attributed to its new approach to its retail stores, which aim to offer more than merchandise.

Foot Locker: Sales Bump Shows Personalized Retail a Good Fit

Foot Locker Inc. (NYSE:FL ) Q3 2023 Earnings Conference Call November 29, 2023 9:00 AM ET Company Participants Robert Higginbotham - SVP, FP&A, IR, and Treasurer Mary Dillon - President, CEO Frank Bracken - EVP, CCO Mike Baughn - EVP, CFO Conference Call Participants Cristina Fernandez - Telsey Advisory Group Alexandra Straton - Morgan Stanley Janine Stichter - BTIG Lorraine Hutchinson - Bank of America Tom Nikic - Wedbush Securities Michael Binetti - Evercore ISI Robert Drbul - Guggenheim Paul Kearney - Barclays Gabby Carbone - Deutsche Bank Operator Good morning, and welcome to Foot Locker's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Foot Locker Inc. (FL) Q3 2023 Earnings Call Transcript

Foot Locker's sales are down and its profit margins are shrinking, which isn't good. Investors' expectations for the company were at their lowest point in over a decade, and the company's financial results exceeded those overly negative projections.

Here's Why Foot Locker Stock Soared Today

Foot Locker Inc (NYSE: FL) popped 20% this morning after reporting a surprise beat on both top and bottom lines in its third financial quarter. Foot Locker stock up despite lowered earnings outlook The sportswear retailer now forecasts sales to drop by up to 8.5% this year versus up to a 9.

Foot Locker stock popped 20% on Wednesday: explained here

Although the revenue and EPS for Foot Locker (FL) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Foot Locker (FL) Reports Q3 Earnings: What Key Metrics Have to Say

Foot Locker Inc shares surged in pre-market trading after it raised its full-year sales forecast, citing strong results over Thanksgiving week and progress on its strategic growth plan.  The athletic retailer now expects a full-year comparable sales decline of 8.5% to 9%, compared with a previous forecast for a decrease of as much as 10%.

News for Foot Locker Stock (FL)