|Bid||25.31 x 800|
|Ask||25.32 x 900|
|Day's range||24.99 - 25.60|
|52-week range||23.85 - 47.22|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||9.66|
|Earnings date||17 Aug 2023 - 21 Aug 2023|
|Forward dividend & yield||1.60 (6.45%)|
|Ex-dividend date||13 July 2023|
|1y target est||34.06|
Yahoo Finance Live anchor Diane King Hall discusses the rise of Dick's Sporting Goods stock on Q1 earnings, the company's growth outlook, and consumer spending trends.
Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.
Nike represents more than 70% of Foot Locker's sales and could see downside risk as Foot Locker struggles to grow sales.
Stock markets were mixed in mid-afternoon trading on Monday. Gains for the Nasdaq Composite stood in stark contrast to triple-digit declines for the Dow Jones Industrials, and worries about the ongoing stalemate in debt ceiling discussions seemed to weigh on certain sectors of the economy but not others. Last week, Foot Locker (NYSE: FL) announced its latest financial results, and the athletic footwear and apparel retailer's stock fell sharply.
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange on the top movers this morning including, Apple, UBS raising its rating for DraftKings to buy, and how Nike is fairing following Foot Locker’s earnings report.
Yahoo Finance Live previews the week in retail earnings ahead of reporting from retail giants such as BJ's, Dollar Tree, and Costco.
Interactive Brokers Chief Strategist Steve Sosnick and Yahoo Finance Executive Editor Brian Sozzi join Yahoo Finance Live to discuss retail earnings reports, the state of the consumer, and retail stocks.
Foot Locker's (FL) first-quarter fiscal 2023 results reflect comparable sales decreasing 9.1% on lower income tax refunds in the United States and the changing vendor mix.
Retail heavyweights Target, Walmart, and Home Depot are finally getting inventory levels under control, and it's a big win for investors.
Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today announced that Mary Dillon, President & Chief Executive Officer, Frank Bracken, Executive Vice President & Chief Commercial Officer, and Robert Higginbotham, Interim Chief Financial Officer will present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31st at 8:00 a.m. ET.
Investing.com -- Foot Locker 's (NYSE:FL) decision to lower its full-year guidance does not fully remove risk from the stock, analysts at Citi said in a note downgrading its rating of the company to Neutral from Buy.
Walmart, Target and Foot Locker are part of Zacks Earnings Preview.
Here is your Pro Recap of the biggest analyst cuts you may have missed today: downgrades for Nike, Foot Locker, Canadian National Railway, and Catalent. Nike (NYSE:NKE) shares fell more than 1% pre-market today after Williams Trading downgraded the company to Sell from Hold with a price target of $95.00. According to the firm, the downgrade move was predicated on Nike’s U.S. business, which it says will remain "challenged" through at least the first half of fiscal 2024, and due to a lack of new compelling products, consumers may be becoming trained to look for promotions.
Foot Locker, Inc. ( NYSE:FL ) has announced that it will pay a dividend of $0.40 per share on the 28th of July. Based...
Footwear retailer Foot Locker (NYSE: FL) is having all sorts of trouble coping with the current economic environment. Adjusted profits crashed by more than 50%, free cash flow fell deep into negative territory, and inventories rose dramatically. The company declared its standard quarterly dividend of $0.40 per share, but investors shouldn't expect that payout to stick.
By Remy Blaire Earnings reports from big box retailers pointed to an emerging trend of consumers picking up fewer big-ticket items and easing back on discretionary purchases. Yet, luxury's target demographic isn't pinching pennies. Farfetch Limited (FTCH) reported an increase of 8% in revenue for fiscal Q1 2023. The London-based luxury fashion retailer posted a narrower-than-expected quarterly loss and reiterated its gross merchandise volume outlook for the full-year. Discretionary spending on luxury products for high-end couture brands pushed Farfetch back to growth in the latest quarter. Foot Locker Inc. (FL) couldn’t kick discounting measures and retail shrink to the curb. The sportswear retailer’s shares tumbled with a double-digit percentage loss after weaker-than-expected earnings. The New York-based company reported a sales decline and slashed its guidance for the year. Greater markdowns of its merchandise and loss in inventory due to retail theft weighed on Foot Locker’s bottom line. More U.S. retailers will report earnings ahead of the Memorial Day holiday weekend. Next week, Best Buy Co. Inc. (BBY), Costco Wholesale Corp. (COST), and Lowe’s Cos. (LOW), will report quarterly results and provide greater perspective into consumer spending patterns in the first half of 2023.
Kohl's (NYSE: KSS) is crashing 8.2%. Foot Locker reported only an 11% decline in sales for Q1 2023 -- worse than expected, but not devastatingly so. Sales have "softened meaningfully, given the tough macroeconomic backdrop," warned CEO Mary Dillon.
It is no surprise that the combined weight of elevated inflation, rising interest rates, and uncertainty about the economy has forced consumers to change their spending behavior.
Shares of Foot Locker (NYSE: FL) were trading down 25% as of 11 a.m. ET on Friday after the retailer announced disappointing sales performance for the first quarter. Total sales fell 11.4% year over year, with comparable-store sales down 9.1%. The company has struggled to deliver consistent revenue and earnings growth, which has contributed to the stock's underperformance in recent years.
Yahoo Finance Live's Diane King Hall discusses the drop in Foot Locker shares after reporting a miss on earnings.
Yahoo Finance markets contributor Remy Blaire breaks down the morning market action while also taking a look at shares of Foot Locker and Catalent.
Most investors are expecting the Fed to pause at its next meeting. Could today's talks throw cold water on this assumption?
Investing.com -- Stocks gave up earlier gains and turned negative after reports talks over raising the debt ceiling were put on hold, killing optimism that a deal could get done this weekend. Here are the market movers for May 19.