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Caution Suggested Ahead Of Foot Locker Earnings
Thursday, August 17, 2017 - 1:51pm | 421Foot Locker, Inc. (NYSE: FL) valuation may be attractive looking out 6–12 months, but near-term fundamentals and low visibility have Baird Equity Research analysts suggesting caution heading into Friday’s earnings report. Shares of the premium retailer have fallen 32 percent year to...
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Benzinga's Bulls And Bears For The Past Week: Nordstrom, Kohl's, Foot Locker And More
Sunday, August 13, 2017 - 5:37pm | 641Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls in retail included a look at a top department store operator and at an e-commerce company. Bearish calls in retail featured two struggling department store operators and a top sporting goods purveyor...
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Will Alibaba And Home Depot Bring Good News To Retail Earnings Season?
Sunday, August 13, 2017 - 5:28pm | 745More of the big retailers are on deck to report their most recent quarterly results this week. Wall Street is braced for mixed results from the troubled sector again this week. Yet two leading specialty retailers could buck the trend of low expectations. The big-box stores and the major...
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Analysis Shows Foot Locker Can Stand Its Ground Against Amazon
Tuesday, August 8, 2017 - 1:29pm | 498Foot Locker Inc. (NYSE: FL)'s recent woes may provide a good buying opportunity at current depressed levels. Last week, Barclays noted that if the company were to never grow again, it still would be worth more than its trading at. Morgan Stanley analyst Jay Sole, sees an excellent opportunity to...
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Why Foot Locker Is One Mall Stock That May Not Get Shuttered
Monday, May 22, 2017 - 1:36pm | 576Foot Locker, Inc. (NYSE: FL) shares fell significantly, over 17 percent from last Thursday into Friday, after the first-quarter earnings report miss last week. Citi's 4 Reasons To Buy Despite retails notable struggles recently, Citibank analyst Kate McShane does not view Foot Locker as a typical...
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Foot Locker Reports Better-Than-Expected Q3 Earnings, Comps Gain 4.7%
Friday, November 18, 2016 - 8:07am | 106Foot Locker, Inc. (NYSE: FL) reported Friday morning its third quarter results. EPS of $1.13 was three cents per share higher than expected. Revenue of $1.89 billion was in-line with estimates. Total sales rose 5.1 percent from a year ago. Q3 comps rose 4.7 percent. Net income...
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Retail Earnings Parade Continues: Home Depot, Lowe's In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 606The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading home improvement superstore operators. Wall Street analysts are looking for solid earnings growth from each of them. So far, the most recent...
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Retail Earnings Parade Begins: Target, Wal-Mart In The Spotlight
Sunday, May 15, 2016 - 1:37pm | 586The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading big-box retailers. Wall Street analysts are looking for earnings growth from one but revenue declines from both. So far, the most recent quarterly...
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Foot Locker Reports Q4 Beat, Shares Gain 3%
Friday, February 26, 2016 - 9:17am | 339Shares of Foot Locker, Inc. (NYSE: FL) were trading higher by around 3 percent after the company reported its fourth quarter results. Foot Locker said it earned $1.16 per share in the fourth quarter on revenue of $2.01 billion. Wall Street analysts were expecting the company to earn $1.12 per...
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Foot Locker Increases Capital Expenditure Program For 2016 To $297 Million From $225 Million In 2015
Thursday, February 18, 2016 - 10:29am | 234Foot Locker, Inc. (NYSE: FL) announced after Wednesday's market close that the company's Board of Directors approved a $297 million capital expenditure program for 2016, marking a "significant increase" from $225 million spent in 2015. Foot Locker noted that it plans on...
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The Earnings Spotlight Is On Wal-Mart And Other Retail Giants This Week
Sunday, November 15, 2015 - 3:30pm | 822Big-box retailers will highlight the week's quarterly earnings reports. Expectations are low for Wal-Mart Stores, Inc. (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY), but somewhat higher for Home Depot Inc (NYSE: HD) and Target Corporation (NYSE: TGT). Bottom line growth is expected from some other...
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Barron's Recap: Yale Sets Up Shop In Asia
Sunday, March 8, 2015 - 8:21pm | 835This weekend in Barron's online: Yale goes to Singapore, Barron's 20th annual broker survey, as well as the prospects for sovereign funds, Bank of New York Mellon, Dillard's, Foot Locker, Whirlpool, Century Communities and more. Cover Story "Yale Goes To Asia" by Leslie P. Norton. Can a first-class...
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Citigroup: Athletic Apparel, Footwear Should Be 'Clear Winners' This Holiday
Monday, December 1, 2014 - 1:17pm | 215Kate McShane of Citigroup spent Thanksgiving weekend visiting specialty athletic, footwear and apparel retailers and concluded that athletic apparel and footwear are likely to emerge as the "clear winner" throughout the Holiday shopping season. McShane observed that inventories were...
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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 5:33pm | 945U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
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Foot Locker Reports 6.9% Rise In Comparable Sales In Q3
Friday, November 21, 2014 - 10:00am | 184Foot Locker, Inc. (NYSE: FL) reported its third-quarter results on Friday before market open. The retailer earned $0.83 per share, beating the consensus estimate of $0.79. Revenue of $1.73 billion topped the $1.72 billion analysts were expecting. Net income for the quarter rose to $120 million...