Miami, Florida, Wynwood, Foot Locker storefront with logo sign. (Photo by: Jeffrey ... [+] Greenberg/UCG/Universal Images Group via Getty Images)Jeffrey Greenberg/UCG/Universal Images Group via Getty ImagesWe’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 ...

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.Investors would be wise to follow the industries that helped the economy cough up these many jobs, as hiring sprees can signal more business shortly. Within these industries, analysts are sure to add their future predictions to the hottest stocks ...

Foot Locker, Inc. (NYSE:FL) Q1 2024 Results Conference Call May 30, 2024 9:00 AM ET Company Participants Robert Higginbotham - SVP, FP&A, IR, and Treasurer Mary Dillon - President, CEO Frank Bracken - EVP, CCO Mike Baughn - EVP, CFO Conference Call Participants Cristina Fernández - Telsey Advisory Group Tom Nikic - Wedbush Michael Binetti - Evercore ISI Arian Razai - Guggenheim Jay Sole - UBS Operator Good morning, and welcome to Foot Locker's First Quarter 2024 Financial Results Conference Call. At this ti ...

Is this stock still a good value or is it just cheap?Shares of shoe retailer Foot Locker (FL 22.29%) raced higher on Thursday after the company reported financial results for the first quarter of 2024. And while results weren't necessarily impressive, they weren't as bad as some reports in recent quarters. That's really all this stock needs right now and it's why Foot Locker stock was up a whopping 24% as of 11:10 a.m. ET.Jumping over a really low barAllow me to set the stage: Investors have really low expe ...

Key TakeawaysFoot Locker shares soared Thursday as its first-quarter performance indicated the company's turnaround efforts are succeeding.The athletic shoe and apparel retailer beat profit estimates, and comparable store sales were better than expected.CEO Mary Dillon said Foot Locker controlled costs and benefited from favorable changes in the timing of expenses. Foot Locker (FL) shares soared Thursday as the athletic shoe and apparel retailer’s first-quarter results showed its turnaround efforts seem to ...

For the quarter ended April 2024, Foot Locker (FL) reported revenue of $1.88 billion, down 2.7% over the same period last year. EPS came in at $0.22, compared to $0.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.89 billion, representing a surprise of -0.41%. The company delivered an EPS surprise of +83.33%, with the consensus EPS estimate being $0.12.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Foot Locker (FL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 83.33%. A quarter ago, it was expected that this shoe store would post earnings of $0.34 per share when it actually produced earnings of $0.38, delivering a surprise of 11.76%.Over the last four quarters, the company has ...

Exhibit 99.1 | --- | --- | --- | --- | |-------|-------|-------|----------------------------------------------------------| | | | | | | | | | Investor Relations ir@footlocker.com | | | | | Dana Yacyk | | | | | Corporate Communications mediarelations@footlocker.com | FOOT LOCKER, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK ● Total Sales Decreased 2.8%; Comparable Sales Decreased 1.8% ● Global Foot Locker and Kids Foot Locker Comparable Sales Increased 1.1% ● EPS of $0.09 and Non ...

A Foot Locker store in New York, US, on Monday, May 27, 2024. Foot Locker Inc. is scheduled to release earnings figures on May 30.Foot Locker's turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop off that analysts had expected, according to StreetAccount. It also reaffirmed its fiscal year guidance, which projects sales to be in a range of a 1% decline to a 1% gain, compared to a decline of 0.6% that an ...

Total Sales Decreased 2.8%; Comparable Sales Decreased 1.8% Global Foot Locker and Kids Foot Locker Comparable Sales Increased 1.1% EPS of $0.09 and Non-GAAP EPS of $0.22 Inventory Decreased 5.6% Year-over-Year Reaffirms First-Half and Full-Year 2024 Non-GAAP EPS Outlook NEW YORK, May 30, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its first quarter ended May 4, 2024. Mary Dillon, President and Chief Executive Off ...