Welcome to our dedicated page for Foot Locker news (Ticker: FL), a resource for investors and traders seeking the latest updates and insights on Foot Locker stock.
Foot Locker Inc. (NYSE: FL) maintains its position as a global leader in athletic footwear retail through strategic initiatives and cultural relevance. This news hub provides investors and industry observers with essential updates on corporate developments, financial performance, and market trends.
Access real-time press releases covering earnings announcements, brand partnerships, store expansions, and omnichannel innovations. Our curated collection helps stakeholders track FL's responses to evolving consumer preferences and competitive retail landscapes.
Key updates include product launches with major sportswear brands, sustainability initiatives, and digital transformation efforts. Regular updates ensure visibility into FL's operational strategies and leadership in sneaker culture.
Bookmark this page for streamlined access to SEC filings, investor communications, and analysis of retail market dynamics. Stay informed about FL's progress in merging physical retail excellence with e-commerce growth through verified corporate updates.
Foot Locker, Inc. (NYSE: FL) announced that its leadership team, including CEO Mary Dillon, CCO Frank Bracken, and Interim CFO Robert Higginbotham, will present at the J.P. Morgan 9th Annual Retail Round Up Conference on March 30, 2023, at 11:00 a.m. ET. An audio link to the presentation will be available on footlocker-inc.com and will remain accessible for 90 days. Foot Locker operates approximately 2,700 stores in 29 countries, promoting sneaker culture through its well-known brands such as Foot Locker and Champs Sports.
Foot Locker reported its fourth quarter and fiscal year results ending January 28, 2023, highlighting a 4.2% increase in comparable-store sales despite a 0.3% decline in total sales to $2,334 million. Fourth quarter EPS decreased to $0.20 and Non-GAAP EPS to $0.97. The company is launching a new 'Lace Up' strategy aimed at long-term growth, with a projected Non-GAAP EPS for 2023 of $3.35-$3.65. Inventory levels rose by 29.8% to $1.6 billion, and the company plans to streamline operations in Asia while focusing on core markets. Dividends of $0.40 per share will be paid on April 28, 2023.
Foot Locker, Inc. (NYSE: FL) announced a quarterly cash dividend of $0.40 per share on February 15, 2023. This dividend will be paid on April 28, 2023 to shareholders who are on record as of April 14, 2023. The company continues to emphasize its commitment to youth culture and self-expression through its extensive retail network, which includes approximately 2,800 stores in 28 countries worldwide, as well as online platforms. Foot Locker operates multiple brands such as Foot Locker, Kids Foot Locker, Champs Sports, and others, catering to the sneaker community globally.
Foot Locker, Inc. (NYSE: FL) will report its fourth quarter financial results on March 20, 2023, prior to the U.S. market opening. The announcement will be followed by an Investor Day event in New York City, featuring President and CEO Mary Dillon and senior leadership discussing long-term strategic priorities, growth initiatives, and 2022 results. A live webcast will be available on the company's investor relations website. Foot Locker operates approximately 2,700 retail stores in 28 countries, focusing on youth culture and sneaker community engagement.
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