Hammer
Previous Close | 24.61 |
Open | 24.50 |
Bid | 25.00 x 1000 |
Ask | 25.50 x 800 |
Day's Range | 24.44 - 25.79 |
52 Week Range | 23.85 - 47.22 |
Volume | |
Avg. Volume | 4,020,466 |
Market Cap | 2.353B |
Beta (5Y Monthly) | 1.21 |
PE Ratio (TTM) | 9.57 |
EPS (TTM) | 2.63 |
Earnings Date | Aug 17, 2023 - Aug 21, 2023 |
Forward Dividend & Yield | 1.60 (6.50%) |
Ex-Dividend Date | Jul 13, 2023 |
1y Target Est | 34.06 |
Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major retailers including Walmart, Foot Locker and Marks & Spencer are preparing for a challenging back-to-school shopping season this year. U.S. shoppers' spending in the summer ahead of the college and K-12 school year has grown steadily since 2015, according to the National Retail Federation, a trade group. Although shoppers have been spending on essentials this year, they’re much choosier on where to splurge as inflation remains stubbornly high, executives from Ulta, Macy's, Ralph Lauren and Nordstrom said during earnings results over the last two weeks.
From what we can see, insiders were net buyers in Foot Locker, Inc.'s ( NYSE:FL ) during the past 12 months. That is...
As we stare down the possibility of a recession, it’s time to consider which consumer stocks to sell. Americans are now being thriftier than they have over the past year. Consumers are trading down and that is putting pressure on the U.S. economy which is heavily dependent on consumer spending. In turn, that has created a class of consumer stocks to sell at all costs . Consumers remained about as pessimistic in April as they were in March regarding the overall economy. And in March consumer spen
There was an unprecedented surge in consumer spending over the past 24 months. A rush of government stimulus combined with a strong economy gave Americans a ton of disposable cash for shopping. However, amid surging inflation and fears of an impending economic slowdown, consumers are tightening their belts in 2023. That has pushed certain household name stocks into negative territory for the year. When investing in household name stocks, it’s important to ask whether the company in question is s
The Gap Inc (NYSE: GPS) delivered better than expected results despite sale drops across all its brands and fourth quarter of net losses. Gap’s report comes after its peers, Urban Outfitters Inc. (NASDAQ: URBN), Kohl’s Corporation (NYSE: KSS) and Abercrombie & Fitch Co. (NYSE: ANF) also largely exceeded earnings expectations this week. But Gap’s shares surged about 15% upon news as gross margins have improved. This is a positive wave after earlier apparel such as the one from Foot Locker (NYSE:
When Foot Locker Inc. CEO Mary Dillon strode up to the podium during the company's Investor Day in March, she had good reason to feel confident. The footwear retailer just reported a strong fourth quarter and overall year, which was perfect timing given the presentation she was about to make. Dubbed the "Lace Up" strategy, Dillon and other top executives detailed a series of initiatives that would push Foot Locker's overall revenue to more than $9.5 billion in 2026 from $8.5 billion last year.
Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results from companies including BJ's Wholesale Club Holdings provided more disappointments from the industry. Shares of its bigger rival, Costco Wholesale, were down 1.3%. Costco has a current market value of about $215 billion compared with BJ's approximate $9 billion, per Refinitiv.
Yahoo Finance Live anchor Diane King Hall discusses the rise of Dick's Sporting Goods stock on Q1 earnings, the company's growth outlook, and consumer spending trends.
China bans companies from buying chips from Micron Technology, PDC Energy is being acquired by Chevron, PacWest sells off real estate loans, and Plug Power signs three deals for electrolyzer projects.
Nike stock was cut to sell early Monday as U.S. athletic apparel market weakens, customers cut back on spending. Foot Locker targets slashed.
Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.
Nike represents more than 70% of Foot Locker's sales and could see downside risk as Foot Locker struggles to grow sales.
Stock markets were mixed in mid-afternoon trading on Monday. Gains for the Nasdaq Composite stood in stark contrast to triple-digit declines for the Dow Jones Industrials, and worries about the ongoing stalemate in debt ceiling discussions seemed to weigh on certain sectors of the economy but not others. Last week, Foot Locker (NYSE: FL) announced its latest financial results, and the athletic footwear and apparel retailer's stock fell sharply.
While retailers across the sector are struggling with declines in consumer spending, analysts are bearish on Foot Locker and Nike for different reasons. Citi ‘s Paul Lejuez downgraded Foot Locker’s (ticker: FL) stock to Hold from Buy on Monday, and Williams Trading analyst Sam Poser lowered his rating to Sell on Sunday after sticking to his Hold call since August last year. Shares of Foot Locker fell nearly 5% to $28.74 on Monday.
Sales have slowed down among several major retailers such as Foot Locker as consumers cut back discretionary spending.
Shares of Nike, a key brand sold at Foot Locker and strong indicator of the overall athletic footwear market, were also down on Monday morning.
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange on the top movers this morning including, Apple, UBS raising its rating for DraftKings to buy, and how Nike is fairing following Foot Locker’s earnings report.
Yahoo Finance Live previews the week in retail earnings ahead of reporting from retail giants such as BJ's, Dollar Tree, and Costco.
Interactive Brokers Chief Strategist Steve Sosnick and Yahoo Finance Executive Editor Brian Sozzi join Yahoo Finance Live to discuss retail earnings reports, the state of the consumer, and retail stocks.
Foot Locker's (FL) first-quarter fiscal 2023 results reflect comparable sales decreasing 9.1% on lower income tax refunds in the United States and the changing vendor mix.
Retail heavyweights Target, Walmart, and Home Depot are finally getting inventory levels under control, and it's a big win for investors.
Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President & Chief Executive Officer, Frank Bracken, Executive Vice President & Chief Commercial Officer, and Robert Higginbotham, Interim Chief Financial Officer will present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31st at 8:00 a.m. ET.
Investing.com -- Foot Locker 's (NYSE:FL) decision to lower its full-year guidance does not fully remove risk from the stock, analysts at Citi said in a note downgrading its rating of the company to Neutral from Buy.
Walmart, Target and Foot Locker are part of Zacks Earnings Preview.