Foot Locker Shares Plummet 33% After Sales Decline
The company attributed a dip in comparable sales to “consumer softness.”
Why Foot Locker Stock Is Crashing Today
Foot Locker missed sales and earnings expectations in Q2. The company also suspended its dividend and cut its forward guidance.
Nvidia earnings, Foot Locker outlook, Jackson Hole: 3 Things to watch August 23, 2023
Yahoo Finance Live anchor Julie Hyman highlights several of this morning's top stories including Q2 earnings for chipmaker Nvidia (NVDA) ahead of its due out after today's closing bell. Also, in th...
Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
Foot Locker (FL) shares lost more than one-third of their value in early trading Wednesday after the athletic apparel retailer reported sales fell as inflation-weary shoppers spent less on the comp...
Foot Locker's stock plunges 32% as sneaker retailer blames dismal results on ‘consumer softness'
Foot Locker saw sales decrease by nearly 10% last quarter, and blamed the dismal period on "ongoing consumer softness." Its share price plummeting as much as 33% in premarket trading on Wednesday.
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Foot Locker (FL) Misses Q2 Earnings and Revenue Estimates
Foot Locker (FL) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $1.10 per share a year ago.
Foot Locker shares sink as inflation curbs spending, cuts annual forecast
Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash citing "price-sensitive" consumers.
Why Is Foot Locker (FL) Stock Down 31% Today?
Foot Locker (NYSE: FL ) stock is taking a beating on Wednesday after the athletic wear retailer released its Q2 earnings report. The bad news for FL stock starts with its adjusted earnings per shar...
Foot Locker shares plunge 30% as it slashes guidance and blames 'consumer softness'
CNBC's Becky Quick reports on the company's quarterly earnings results.
Foot Locker slides 32% as sales fall; slashes guidance
Foot Locker Inc shares slumped 32% in pre-market trading after reporting a fall in sales, reducing guidance for 2023 and announcing a pause to the dividend. The footwear retailer reported a 9.9% dr...
Foot Locker Stock Plunges After Outlook Slashed and Dividend Suspended
Foot Locker slashed its outlook for the second straight quarter and pauses its dividend as the shoe retailer grapples with a tough consumer backdrop.
Foot Locker's stock tumbles 26% after revenue miss and lowered guidance and company says it's suspending its quarterly dividend
Foot Locker Inc.'s stock FL, -4.80% slid 26% in premarket trade Wednesday, after the sporting goods retailer swung to a loss in the second-quarter as revenue also fell short of estimates and the co...
Foot Locker reports another sales decline, cuts guidance as it blames 'consumer softness'
Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from shoes.
Foot locker is a trading vehicle not a long term hold, Gradient Investment's Mariann Montagne
Mariann Montagne, Gradient Investment's portfolio management consultant, joins 'The Exchange' to discuss Dick's Sporting Goods signalling a pull back in apparel sales, Foot Locker's attempt to cont...
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