MARKET COMPOSITE
FL - Foot Locker Inc8:00:02 PM 5/2/2024
Price
$21.45
+ 0.86 (4.18%)
Foot Locker Retail, Inc. is an American sportswear and footwear retailer, with its headquarters in Midtown Manhattan, New York City, and operating in 28 countries. Although established in 1974, and founded as a separate company in 1988, Foot Locker's roots date to 1879, as it is a successor corporation to the F. W. Woolworth Company , as many of its freestanding stores were originally Kinney Shoes and Woolworth's locations. The company operates the eponymous “Foot Locker” chain of athletic footwear retail outlets , and other athletic-based divisions including Champs Sports, Footaction USA, House of Hoops, and Eastbay/Footlocker.com, which owns the rights to Final-Score. The company is also famous for its employees' uniforms at its flagship Foot Locker chain, resembling those of referees.
Financials
Quarterly financials
(USD)Feb 2024Q/Q
Revenue2.4B+20%
Gross Profit638MM-
Cost Of Revenue1.7B+21%
Operating Income33MM-30%
Operating Expenses605MM-
Net Income-389MM-1489%
G&A533MM+20%
Amortization51MM+9%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its first quarter ended May 4, 2024, before the U.S. markets open on Thursday, May 30, 2024. A conference call is scheduled for the same day at 9:00 a.m. ET, during which the Company will provide an update on the business. An investor presentation will be available under the Investor Relations section of the Company's corporate website at footlocker-inc.com before the start of the

    Chief Commercial Officer Frank Bracken told Retail Dive the new format fixes some old pain points, like a male-dominant experience, and also serves as a starting point for its fleetwide revamps.

    Foot Locker, Inc. (NYSE: FL), today unveiled its new retail concept that delivers an elevated shopping experience and unrivaled customer service. The global retailer introduced the reinvented retail format at its Willowbrook Mall location in Wayne, N.J., and will incorporate learnings from this concept into new stores.

    Key Insights Foot Locker's estimated fair value is US$21.15 based on 2 Stage Free Cash Flow to Equity Foot Locker's...

    At the beginning of 2024, retail stocks has a bright outlook. Consumer spending was holding up, the rate of inflation was easing, and there were expectations of an interest-rate cut. That three-legged stool looks more unstable. The latest reading on inflation showed an uptick that is likely to follow oil prices higher, and Federal Reserve chair Jerome Powell is making it clear that investors should not count on rate cuts anytime soon. Still, it’s not altogether crazy to invest in retail stocks.

    Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Boot Barn (NYSE:BOOT) and the best and worst performers in the footwear retailer industry.

    In this article, we will take a detailed look at Jim Cramer is Bearish on These 10 Stocks in April. For a quick overview of such stocks, read our article Jim Cramer is Bearish on These 5 Stocks in April. Jim Cramer in his latest program on CNBC urged investors not to take the Federal Reserve’s policy statements and […]

    Shares of footwear and apparel retailer Foot Locker (NYSE:FL) fell 5.5% in the afternoon session after the major indices pulled back with the Nasdaq down 1.1%, while the Dow and S&P 500 fell 0.9% and 0.8% respectively. Bond yields increased as traders lowered expectations that the Federal Reserve would cut interest rates in June 2024.

    Nike could come to the retailer's rescue.

    Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President and Chief Executive Officer, and Mike Baughn, Executive Vice President and Chief Financial Officer, will present at the J.P. Morgan 10th Annual Retail Round Up Conference on Wednesday, April 3rd at 10:00 a.m. ET.