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. operates as a footwear, apparel, and accessories retailer with banners that include WSS and Champs Sports. Company news has covered sneaker and streetwear collaborations, back-to-school campaigns, athlete and cultural partnerships, and store-experience updates such as the reimagined Champs Sports retail concept.
Recurring updates also include operating and financial results, material agreements, shareholder voting matters, governance, capital-structure disclosures, and corporate-status developments following Foot Locker's completed merger into a wholly owned subsidiary of DICK'S Sporting Goods.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.