Foot Locker Stock News

NEW YORK--(BUSINESS WIRE)--impact.com, the world's leading partnership management platform, today announced its powering of Foot Locker Storefronts, a platform that enables qualified influencers and content creators to work with the Foot Locker brand, a global leader in footwear and apparel retail as well as sneaker culture. The platform will allow qualified content creators and Foot Locker to ...

Shares of Foot Locker Inc (FL, Financial) fell 3.80% in mid-day trading on Oct 2. The stock reached an intraday low of $24.10, before recovering slightly to $24.17, down from its previous close of $25.12.

Foot Locker's stock has dropped 66.85% since 2016, largely due to the shift towards online shopping accelerated by COVID-19. The company is partnering with major brands like Nike and Adidas to release exclusive collections and launching a new mobile app to attract customers. Foot Locker's valuation is currently at a discount, presenting a potential upside of 18.80% if it converges with the sect...

Foot Locker celebrated its 50th anniversary this month and is looking to ensure that it will survive in the decades to come. CEO Mary Dillon and other C-suite executives spoke with CNBC about the strategies that are working and how its new stores are improving sales.

Global retailer marks five decades with limited-edition releases and engaging events NEW YORK , Sept. 5, 2024 /PRNewswire/ -- Foot Locker (NYSE: FL) proudly announces a month-long celebration of its 50th anniversary this September, featuring a series of events and the launch of a limited-edition sneaker and apparel collection in collaboration with Nike, adidas, New Balance, PUMA, and Converse.

Markets have been so focused on earnings from the technology sector this quarter that they have completely let other companies fly by right under their noses. Stocks in the consumer discretionary sector might be falling out of favor as the U.S. consumer struggles with inflation and rising credit card delinquencies, but they have recently found reason to stay positive, judging by the uptick in c...

Foot Locker's Q2 2024 results showed positive comparable sales and improved margins, but the stock dropped 10% due to high market expectations. Despite positive comparables, SG&A deleveraging and heavy investments raise concerns about Foot Locker's ability to return to pre-pandemic profitability. The company's valuation appears optimistic, already pricing in a recovery to historical margins, ma...

In a pivotal moment for Foot Locker, the company's second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. With a 2.