Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its ...
Needham analyst Tom Nikic has maintained their bullish stance on FL stock, giving a Buy rating on December 6.Pick the best stocks and maximize ...
Mary Dillon, the former Ulta Beauty boss who took over Foot Locker in 2022, blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the industry.
As a key supplier, Nike (NKE) shares were losing ground in early Wednesday trading in sympathy with disappointing Q3 results from Foot Locker (NYSE:FL). But shares for both have since pared their ...
The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon ...
The analyst writes that Foot Locker is positioned for an earnings recovery in 2025, with improvements expected from a strengthened Nike, Inc partnership, growth in non-Nike brands, recent SG&A ...
Nike stock also slid, apparently affected by Foot Locker's performance. Please watch the video at Investors.com - Nasdaq Hits Fresh High; Credo Tech, Meta Platforms, Emcor In Focus Dollar Tree ...
Says inventory levels with Nike (NKE) “remain controlled.” Says “confident” in strength of partnership with Nike. Don't Miss our Black Friday ...