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Foot Locker Inc - FL STOCK NEWS

Welcome to our dedicated news page for Foot Locker (Ticker: FL), a resource for investors and traders seeking the latest updates and insights on Foot Locker.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Foot Locker's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Foot Locker's position in the market.

Rhea-AI Summary
Foot Locker, Inc. unveils a new reinvented global store concept at Willowbrook Mall in Wayne, N.J., featuring an immersive shopping journey, new and exclusive releases, elevated brand storytelling, communal try-on area, sneaker hub, and advanced technology. The company aims to provide an engaging shopping experience for sneaker enthusiasts while focusing on sustainability and customer service. The new concept will be implemented in stores globally as part of Foot Locker's Lace Up Plan to enhance the customer experience and drive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
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none
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Rhea-AI Summary
Foot Locker, Inc. announces participation in J.P. Morgan 10th Annual Retail Round Up Conference. The company will present on April 3rd, with a link to the audio chat available on their website. Foot Locker is a prominent footwear and apparel retailer with a global presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
Tags
conferences
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Rhea-AI Summary
Cindy Carlisle appointed as Executive Vice President and Chief Human Resources Officer at Foot Locker, Inc. bringing 24 years of leadership experience. She aims to drive growth and value for stakeholders through global HR strategy implementation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.77%
Tags
none
Rhea-AI Summary
Foot Locker, Inc. reported a 2.0% increase in total sales, with a 0.7% decrease in comparable sales. The company saw a significant increase in comparable sales for Foot Locker and Kids Foot Locker North America. Despite an EPS loss of $4.13, the non-GAAP EPS showed income of $0.38. Inventory decreased by 8.2% year-over-year, and the company anticipates positive comparable sales growth and EBIT margin expansion in 2024. The 2024 non-GAAP EPS guidance is $1.50-$1.70, including a non-recurring charge of $0.10. Foot Locker provided an update on achieving financial targets through its Lace Up Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.35%
Tags
-
Rhea-AI Summary
Foot Locker, Nike, and Jordan Brand collaborate on The Clinic, a year-long program driving basketball culture with major athletes, live events, and community engagement. The program aims to connect fans with leading basketball brands through interactive activations, media, clinics, and social content. The launch at NBA All-Star 2024 features Paolo Banchero and Victor Wembanyama, showcasing Foot Locker's commitment to basketball culture and community involvement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
none
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Rhea-AI Summary
Foot Locker, Inc. is set to report its financial results for the fourth quarter ended February 3, 2024, on March 6, 2024. The company will host a conference call to provide a business update and an investor presentation will be available on its website. Foot Locker, Inc. is a leading footwear and apparel retailer with a strong global presence, offering a portfolio of brands that cater to sneaker culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
conferences earnings
Rhea-AI Summary
Foot Locker, Inc. (NYSE: FL) reported a decrease in total sales by 8.6% and comparable-store sales by 8.0% in the third quarter of 2023. EPS was $0.30, with a narrow 2023 sales and earnings guidance range. The company is partnering with the NBA and entering the Indian market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.07%
Tags
-
Rhea-AI Summary
Foot Locker, Inc. (NYSE: FL) and the NBA announced a multiyear partnership, making the retailer an official league marketing partner in the U.S. The collaboration will engage fans throughout the NBA season, including at marquee league events such as NBA All-Star. Foot Locker will also receive media exposure across league platforms and extend the partnership to its loyalty program, FLX. The partnership celebrates the connection between basketball and sneaker culture, following the launch of Foot Locker's 'The Heart of Sneakers' global brand platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.32%
Tags
partnership
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Rhea-AI Summary
Foot Locker, Inc. (NYSE: FL) plans to report Q3 financial results on November 29, 2023, including a conference call and investor presentation. The company encourages pre-registration for the call and will provide an update on the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
conferences earnings
Rhea-AI Summary
Foot Locker has launched The Heart of Sneakers, a new global platform, along with its star-studded 2023 holiday campaign. The platform celebrates sneaker culture and highlights Foot Locker's role as a leader in the sneaker community. The campaign features NBA stars Kevin Durant, LaMelo Ball, Anthony Edwards, and Steph Curry, as well as musician Enisa. Foot Locker's iconic store associates, known as Stripers, will continue to be the connection between sneakers and sneaker enthusiasts. The campaign will be seen across various channels throughout the holiday season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.19%
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none
Foot Locker Inc

NYSE:FL

FL Rankings

FL Stock Data

2.07B
82.12M
1.16%
108.29%
10.17%
Shoe Stores
Retail Trade
Link
US
New York

About FL

foot locker, inc. (nyse: fl) is the world’s leading retailer of athletic footwear and apparel. headquartered in new york city, it operates approximately 3,600 athletic retail stores in 21 countries in north america, europe and australia under the brand names foot locker, footaction, lady foot locker, kids foot locker and champs sports. additionally, the company’s footlocker.com/eastbay business operates a direct-to-customers business offering athletic footwear, apparel and equipment through its internet and catalog channels.