Foot Locker

Foot Locker, Inc. engages in the retail of athletic shoes and apparel. The firm uses its omni-channel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It operates through following segments: North America, EMEA (Europe, Middle East, and Africa, and Asia Pacific. The North America segment includes the following banners operating in the U.S. and Canada: Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, and Footaction. The EMEA segment includes the following banners operating in Europe: Foot Locker, Runners Point, Sidestep, and Kids Foot Locker. The Asia Pacific segment includes Foot Locker and Kids Foot Locker operating in Australia, New Zealand, and Asia. The company was founded on April 7, 1989 and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Foot Locker faces sales decline and inventory challenges in Q1 2023

Foot Locker's Q1 2023 performance was impacted by sales declines, inventory challenges, and softening consumer demand. However, the company is making progress in strategic initiatives and sees opportunities in vendor mix expansion and leveraging investments for future growth.

Foot Locker faces sales challenges but strengthens partnerships for growth

Sales were softer than expected, leading to an update in guidance. Challenges with store traffic and conversion led to increased promotions. Foot Locker continues to strengthen partnerships and make progress in the Lace Up plan. Margin pressure and customer sensitivity to promotions impacted sales.

Foot Locker reports Q3 earnings ahead of expectations, focuses on digital growth and strategic partnerships

Foot Locker's Q3 performance saw a decline in comps but exceeded earnings per share expectations. The company is navigating challenges with disciplined expense management and a narrowed bottom-line guidance. Despite macro and customer risks, Foot Locker is leveraging strategic initiatives and exclusive partnerships to drive growth and improve its digital presence.

Foot Locker surpasses Q4 expectations, eyes significant growth by 2026

Foot Locker's Q4 performance exceeded expectations, driven by strong sales in North America and EMEA, but faced margin challenges.
Strategic initiatives focus on leveraging sneaker culture, targeting specific consumer segments, and enhancing digital capabilities for growth and engagement.
Despite anticipated challenges in 2023, Foot Locker aims for significant revenue growth by 2026 through technology investments, brand positioning, and margin expansion strategies.
Opportunities lie in expanding banners, enhancing digital experiences, broadening appeal, and driving total shareholder return through sales growth and buybacks.

Foot Locker adjusts guidance as sales decline, eyes growth

Foot Locker faces challenges from softening sales trends and inventory management issues.
Despite these challenges, the company is leveraging strategic initiatives to drive growth.
Opportunities lie in expanding off-mall presence, vendor mix diversification, and leveraging investments.
Overall, Foot Locker remains confident in the Lace Up plan for long-term growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Abercrombie & Fitch

Shares of Abercrombie & Fitch Co (NYSE:ANF) and Foot Locker Inc (NYSE:FL) are gapping lower after the retailers' respective second-quarter earnings reports.

2 Retail Stocks Gapping Lower After Earnings

Foot Locker (FL) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.04 per share a year ago.

Foot Locker (FL) Reports Q2 Loss, Tops Revenue Estimates

Foot Locker reports a second-quarter adjusted loss of 5 cents a share, narrower than estimates that called for a loss of 7 cents.

Foot Locker Posts Narrower-Than-Expected Loss but Stock Falls on Store Closures

Shares of Foot Locker Inc. FL sank 8% in premarket trading Wednesday after the athletic shoe and apparel retailer reported fiscal second-quarter results that topped expectations but kept its full-year outlook unchanged and announced store closures in Asia and Europe. Net losses for the quarter to Aug. 3 widened to $12 million, or 13 cents a share, from $5 million, or 5 cents a share, in the same period a year ago. Excluding nonrecurring items, per-share losses of 5 cents beat the FactSet loss consensus of 7 cents. Total revenue grew 1.9% to $1.896 billion, just above the FactSet consensus of $1.888 billion. Comparable...

Foot Locker's stock drops after earnings top expectations but full-year outlook was left unchanged

Foot Locker beat Wall Street's estimates on the top and bottom lines as it posted comparable sales growth for the first time in six quarters. The sneaker company also saw its gross margin expand for the first time in more than two years.

Foot Locker posts comparable sales growth for the first time in six quarters

Returned to Topline Growth with Total Sales Up 1.9% and Comparable Sales Up 2.6% Achieved Gross Margin Expansion of 50 Basis Points Year-over-Year Loss of $0.13 per Share and Non-GAAP Loss of $0.05 per Share Inventory Decreased 10.0% Year-over-Year Reaffirms Full-Year 2024 Non-GAAP EPS Outlook Further Streamlining International Operations and Optimizing Corporate Office Footprint NEW YORK , Aug. 28, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended August 3, 2024. Mary Dillon, President and Chief Executive Officer, said, "The Lace Up Plan is working, as evidenced by our return to positive total and comparable sales growth as well as gross margin expansion in the second quarter.

FOOT LOCKER, INC. REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK; ANNOUNCES STRATEGIC UPDATES IN SUPPORT OF LACE UP PLAN

Foot Locker Inc.'s second-largest shareholder has trimmed its stake by more than 9%, just days before the athletic shoe and apparel retailer is set to report second-fiscal-quarter results.

Foot Locker's second-largest shareholder has been selling stock ahead of earnings

Costco

Goldman Sachs analyst Kate McShane provided an update on digital trends at Foot Locker, Inc. FL and new card-scanning rules at Costco Wholesale Corporation COST.

Goldman Sachs Highlights Foot Locker's Digital Rebound And Costco's New Membership Crackdown

Foot Locker (FL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Foot Locker (FL) Beat Estimates Again in Its Next Earnings Report?

Besides Wall Street's top -and-bottom-line estimates for Foot Locker (FL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.

Unveiling Foot Locker (FL) Q2 Outlook: Wall Street Estimates for Key Metrics

Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Foot Locker (FL) Q2 Earnings Expected to Decline

Chewy

Kohl's

Investors are looking ahead to retail sales data for July, which is due out later this week.

3 Retail Stocks to Monitor Ahead of Economic Data

Garmin

On Holding AG

An increasing awareness of the health benefits of staying active has catapulted fitness stocks into the spotlight. In the era of technological advancements and evolving consumer preferences, fitness companies are innovating to stay ahead of the curve.

3 Promising Fitness Stocks to Power Up Your Portfolio

NEW YORK , July 31, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended August 3, 2024, before the U.S. markets open on Wednesday, August 28, 2024. A conference call is scheduled for the same day at 9:00 a.m.

FOOT LOCKER, INC. TO REPORT SECOND QUARTER FINANCIAL RESULTS ON WEDNESDAY, AUGUST 28

adidas AG

Atlanta Braves Holdings Inc

Comcast

DraftKings

Dick's Sporting Goods

Topgolf Callaway Brands Corp

Madison Square Garden Sports

NIKE

Tactical investors may want to keep an eye on these sports-related stocks as the countdown to the Paris Olympics begins.

Paris Olympics: 5 Sports-Related Stocks Going for Gold

Foot Locker Inc. NYSE: FL is a footwear and apparel retailer operating under its flagship Foot Locker, Kids Foot Locker, Champs Sports, WSS, and Atmos brands. The company operates over 2,600 stores worldwide across North America, Asia, Europe, Australia and New Zealand.

Is It Time to Step Back into This Retailer's Stock?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Foot Locker (FL) is a Top Value Stock for the Long-Term

Retail stocks are in focus today, as investors await to unpack the Federal Reserve's preferred  inflation gauge.

3 Retail Stocks to Consider

Big Lots

Virgin Galactic

Identifying stocks to sell is essential to investing to protect and expand portfolios. Investors should flag possible hazards and closely examine stocks with concerning financial and operational challenges.

Investor Sell Alert: 3 Stocks to Dump Before a July Crash

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Foot Locker (FL) is a Strong Value Stock

New loyalty program transforms customer experience with enhanced convenience and exclusive benefits; newly redesigned mobile app to follow NEW YORK, June 25, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) has unveiled an enhanced FLX Rewards program and announced forthcoming upgrades to its mobile app, marking significant milestones under its Lace Up Plan – the Company's strategy designed to drive sustainable and profitable growth. Informed by extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, enabling customers to use points towards a discount on purchases.

FOOT LOCKER REIMAGINES SNEAKER SHOPPING EXPERIENCE WITH FLX REWARDS PROGRAM RELAUNCH

We've seen talk of a turnaround at Foot Locker before. Before the pandemic, the retailer was going full-throttle to capitalize on its appeal with a young, urban “sneakerhead” audience, its turnaround strategy predicated on moving off-mall into Power Stores—standalone locations with event spaces and other enhanced, lifestyle-focused offerings for sneaker fanatics, not unlike Nike's experience-heavy House of Innovation flagship stores.

Foot Locker Still Has Hurdles To Clear As Collectors Get Cash Strapped

Hims & Hers Health

Shake Shack

One of the market's most closely watched economic reports made a sudden turn last week. The employment situation report (NFP) showed that the U.S. economy is still resiliently adding jobs despite seeing some contradicting indicators placing a ceiling on its growth.

3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers

Dell Technologies

Corporate earnings continue to move stocks more than any other factor, barring unexpected shock events. And while a lot of stocks rise significantly after a company's quarterly results are made public, many stocks dive, opening up buying opportunities for investors who are on the hunt for bargains, particularly among blue-chip names.

Blue-Chip Bargain Hunters: 3 Top-Shelf Stocks at Discount Bin Prices

Foot Locker's (FL) misses Q1 revenue estimates. Comparable sales decline 1.8% y/y on changes in the Champs Sports banner.

News for Foot Locker Stock (FL)