Foot Locker (FL) shares soared 19% in the last trading session to close at $13.64. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.4% loss over the past four weeks.U.S. stocks staged their biggest rally yesterday, after President Donald Trump announced a 90-day pause on reciprocal tariffs for all nations except China. Foot Locker is making meaningful progress with its Lace Up Plan, leveraging strategic initiatives like digital ...

Brands that rely on the Asia-Pacific region to produce apparel goods are likely trying to find ways to mitigate the impact of President Donald Trump‘s reciprocal tariff plan,The average pre-mitigation headwinds to gross margin and EPS are 670bps and 65%, respectively.On the worse end of the EPS-impact spectrum, Needham & Co.’s analyst Tom Nikic noted Under Armour, Inc. UAA, VF Corp. VFC, and Nike, Inc. NKE. Those companies have relatively low margin structures given their recent struggles. As a result, thes ...

Foot Locker, Inc. (FL) is currently trading at a low price-to-sales (P/S) multiple, which is below the average of the Zacks Retail - Apparel and Shoes industry and Retail-Wholesale sector. With a forward 12-month P/S of 0.17, FL is priced lower than the industry average of 1.39 and the sector average of 1.47. For fiscal 2025, Foot Locker expects gross margin expansion of 40-80 basis points, reaching 29.3-29.7%. This will be supported by stronger full-price selling, lower markdowns, and ongoing savings. Desp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-10299 (Exact name of registrant as specified in its charter) | New York | 13-3513936 | | --- | --- | | (State or other ju ...

Company Overview - Foot Locker, Inc. is a leading footwear and apparel retailer with approximately 2,400 retail stores in 26 countries across North America, Europe, Asia, Australia, and New Zealand [3] - The company has a strong history of sneaker authority and aims to ignite the power of sneaker culture through its portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos [3] Upcoming Event - Mary Dillon, CEO, Mike Baughn, CFO, and Frank Bracken, President, will present at the J.P. Morgan 11th Annual Retail Round Up Conference on April 3rd at 8:00 a.m. ET [1] - An audio fireside chat will be available on footlocker-inc.com on the same date and a replay will be accessible for 90 days following the event [2]

NEW YORK, March 26, 2025 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today announced that Franklin R. Bracken, currently Executive Vice President and Chief Commercial Officer, has been named to the role of President, effective immediately. Bracken will continue reporting to Mary Dillon, Foot Locker, Inc.'s Chief Executive Officer. In his role as President, Bracken will work alongside Dillon to accelerate the execution of the Lace Up Plan, the Company's strategy to elevate the omni-retail experience, enhanc ...

I wrote about Foot Locker (NYSE: FL ) previously with a hold rating as I was worried about how gross margin would be in 4Q24 given the promotional environment. I stay hold-rated as I expect concerns regardingI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historica ...

Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...

Core Insights - Foot Locker's quarterly results fell short of Wall Street expectations, with total sales decreasing by 5.8% year-over-year, influenced by Gen Alpha and Gen Z's cautious spending habits and Nike's discounting strategy [1][2] - The relationship between Foot Locker and Nike remains strong despite the competitive discounting environment, with Foot Locker's CEO attributing low sales to the short-term impacts of the company's "Lace Up" strategy aimed at increasing revenue from $8 billion to $10 billion by 2026 [3] Sales and Customer Behavior - Gen Alpha and Gen Z customers are spending more during major sales events like Black Friday and Valentine's Day, but less during regular periods, reflecting their limited discretionary budgets [2] - Foot Locker's CEO noted that the younger customer demographic prioritizes sneaker purchases, which are essential to their lifestyle [2] Strategic Initiatives - The "Lace Up" strategy is a comprehensive plan that includes closing underperforming stores, diversifying the brand portfolio, revitalizing the loyalty program, and investing in customer-focused technology [4] - In the fourth quarter, Foot Locker closed 47 locations, opened 7 new stores, remodeled or relocated 21 stores, and refreshed 160 stores to enhance the in-store experience and digital capabilities [5]

A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. You can add Foot Locker to that list after its fourth-quarter earnings call Wednesday (March 5).“Coming out of the holiday we felt really good about the momentum in the business,” Foot Locker President and CEO Mary Dillon told analysts during the ...