41.21 0.00 (0.00%)
After hours: 4:58PM EDT
|Bid||35.65 x 100|
|Ask||43.75 x 100|
|Day's Range||40.45 - 41.62|
|52 Week Range||28.42 - 77.86|
|PE Ratio (TTM)||18.56|
|Earnings Date||May 17, 2018 - May 21, 2018|
|Forward Dividend & Yield||1.38 (3.18%)|
|1y Target Est||51.60|
LOS ANGELES, CA / ACCESSWIRE / April 23, 2018 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Foot Locker, Inc. (''Foot Locker'' ...
Glancy Prongay & Murray LLP continues its investigation on behalf of Foot Locker, Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
NEW YORK, April 23, 2018-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Foot Locker, Inc. who purchased shares between August 19, 2016 and August ...
NEW YORK, April 21, 2018-- Pomerantz LLP announces that a class action lawsuit has been filed against Foot Locker, Inc. and certain of its officers. The class action, filed in United States District Court, ...
NEW ORLEANS, April 20, 2018-- Kahn Swick & Foti, LLC and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 8, 2018 to file lead plaintiff ...
NEW YORK, NY / ACCESSWIRE / April 20, 2018 / The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Foot Locker, ...
NEW YORK, NY / ACCESSWIRE / April 20, 2018 / Pawar Law Group reminds shareholders who purchased shares of Foot Locker, Inc. (NYSE: FL) from August 19, 2016 through August 17, 2017, inclusive (the "Class ...
NEW YORK, April 19, 2018-- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Eastern District of New York on behalf of ...
Of the 14 analysts covering Deckers Outdoor (DECK) on April 16, 2018, 71% recommended “hold,” 21% recommended “buy,” and 8% recommended “sell.” There have been no price revisions in the last month. Analysts’ 12-month average target price for Deckers Outdoor stock is $95.75, which reflects a 0.8% upside based on its stock price on April 16, 2018.
NEW YORK, NY / ACCESSWIRE / April 19, 2018 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Foot Locker, Inc. (''Foot Locker'') (NYSE: FL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Foot Locker securities between August 19, 2016 and August 17, 2017, both dates inclusive (the ''Class Period''). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
Forward PE ratios (stock price divided by analysts’ earnings projections for the next four quarters) are frequently used for making investment decisions. As of April 16, 2018, Skechers (SKX) was trading at a 12-month forward PE ratio of ~17.7x, much higher than other footwear retailers. In comparison, Deckers Outdoor (DECK), DSW (DSW), and Foot Locker (FL) were trading at 12-month forward PE ratios of 16.2x, 13.1x, and 9.6x, respectively.
As of April 13, 2018, most analysts covering Dick’s Sporting Goods (DKS) stock had recommended “hold.” Of 30 analysts, 63.0% recommended “hold,” 27.0% recommended “buy,” and 10.0% recommended “sell.”
Analysts expect Foot Locker’s (FL) adjusted EPS (earnings per share) to grow 8.8% to $4.47 in fiscal 2018. The company has guided for its EPS to grow by double digits, driven by expected increases in its top line and a reduced share count in 2H18. Its effective tax rate is expected to be ~27%–28%.
Comparing PE (price-to-earnings) multiples for companies in the same sector helps investors make sound investment decisions. Forward PE multiples, which are stock prices divided by analysts’ earnings estimates for the next four quarters, are among the most used ratios for investment decisions.
In fiscal 2017 (ended February 3, 2018), Foot Locker’s (FL) gross margin contracted by 230 basis points to 31.6%, mainly due to a narrower merchandise margin. The rise in SG&A and litigation expenses led to a 42.9% decline in operating income to $571 million. Foot Locker had an operating margin of 7.3%, compared with 12.9% in fiscal 2016.
Analysts expect Foot Locker’s (FL) sales to fall 1% to $7.7 billion in fiscal 2018. Foot Locker expects sales trends to improve in 2H18, driven mainly by increased sales of premium products. Foot Locker is eyeing higher penetration in the apparel category.
NEW YORK, April 18, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. To: All persons or entities who purchased or otherwise acquired securities of Foot Locker, Inc. between August ...
Shoes are a new must-have for Buckingham Research. The firm initiated coverage on five companies Wednesday with bullish to neutral sentiment across manufacturers and distributors. Foot Locker: Buy, $54 ...
As of April 16, 2018, Deckers Outdoor (DECK), DSW (DSW), and Skechers (SKX) stock had risen 18.3%, 0.6%, 12.1%, respectively, year-to-date. However, Foot Locker (FL) had fallen 7.5%. Deckers had a good holiday season, with the UGG brand showing strength and increases in full-price selling. Skechers’s robust international business continued to boost its top line. However, Foot Locker had a weaker holiday season, with footwear comps falling by mid-single digits. For DSW, its buyout of Ebuys has created troubles. The company is exiting Ebuys as losses continue to swell.
NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Pomerantz LLP announces that a class action lawsuit has been filed against Foot Locker, Inc. ("Foot Locker" or the "Company") (NYSE: FL) ...
In fiscal 2018, Dick’s Sporting Goods (DKS) expects to report EPS (earnings per share) of $2.80–$3.00, compared with $3.01 in fiscal 2017. Its bottom line is expected to be impacted by having one fewer week in the year—the 53rd week in fiscal 2017 added $0.09 to its bottom line. Due to the Tax Cuts and Jobs Act, the effective tax rate is expected to be 26% in fiscal 2018, compared with 35.5% in fiscal 2017.
In fiscal 2018, Dick’s Sporting Goods (DKS) expects its gross margin to contract marginally due to an improved inventory balance in the supply chain and an innovative product pipeline. In fiscal 2018, its operating margin is expected to narrow from the 5.6% reported in fiscal 2017. In fiscal 2017, Dick’s Sporting Goods reported a gross margin of ~29%, marking a contraction of 90 basis points from fiscal 2016, primarily due in an increase in costs of goods sold as a percentage of sales.
Comps fell 0.3% YoY as weakness persisted in the hunting and the electronics categories. The company expects its private brands business to strengthen in 2018 as it allocates more store space to brands such as Walter Hagen, Top-Flite, Calia, and Field & Stream. The company reported private brand sales of ~$1 billion in 2017, and it projects to add $1 billion more in revenue in a shorter time frame.
Sports goods retailer Dick’s Sporting Goods (DKS) has had a fine run on the bourses so far in 2018. As the proverb goes, “a rising tide lifts all boats”—other sporting goods retailer stocks are also doing well. Hibbett Sports (HIBB) has risen 30.4%, and Big 5 Sporting Goods (BGFV) has risen 2.6%.