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. (formerly NYSE: FL) generated a steady flow of corporate, financial, and brand-focused news prior to and through its acquisition by DICK'S Sporting Goods, Inc. Company press releases and SEC-related communications provide insight into its operations as a footwear and apparel retailer, its portfolio of banners, and the steps leading to its transformation into a wholly owned subsidiary of DICK'S Sporting Goods.
News coverage for Foot Locker includes transaction milestones connected to the merger with DICK'S Sporting Goods, such as the announcement of the definitive merger agreement, shareholder approval of the transaction, the expiration of the Hart-Scott-Rodino waiting period, and the closing of the merger on September 8, 2025 as reported in a Form 8-K. Additional items detail the removal of FL common stock from the New York Stock Exchange via Form 25 and the subsequent Form 15 terminating registration and suspending reporting obligations.
Beyond the merger, Foot Locker news also highlights quarterly financial results, including first and second quarter 2025 updates that discuss sales trends, comparable sales performance by region and banner, gross margin and expense dynamics, and non-GAAP reconciliations. These releases describe the company’s efforts under its "Lace Up Plan," including store refresh and Reimagined programs, digital enhancements, and changes in its international footprint.
Brand and banner-level announcements feature initiatives from WSS and Champs Sports. WSS news has included collaborations and back-to-school campaigns emphasizing community, family, and value, while Champs Sports communications describe the launch of its Reimagined store concept with immersive design, digital integration, and Champs Run Club destinations. Together, these stories illustrate how Foot Locker used its banners to engage sneaker and sport-style consumers.
This news page serves as an archive of these developments, allowing readers to review Foot Locker’s historical announcements, financial updates, and merger-related communications associated with the FL ticker.
Foot Locker reported a 1.0% increase in total sales to $2,175 million, while comparable store sales fell 1.9% in Q1 2022. The company achieved earnings per share of $1.37 and non-GAAP EPS of $1.60, down from $1.93 and $1.96 respectively in the prior year. Gross margin decreased by 80 basis points, influenced by rising supply chain costs. Inventory was up 37% to $1.4 billion, providing a solid position to meet future demand. Despite challenges, Foot Locker expects to reach the upper end of its full-year guidance.
Foot Locker, Inc. (NYSE: FL) announced that CEO Richard Johnson and CFO Andrew Page will present at Cowen's 6th Annual Future of the Consumer Conference on May 24, 2022, at 3:10 p.m. ET. A live audio stream will be available on the company's website, with a replay accessible for 90 days.
Foot Locker operates about 2,900 stores in 28 countries, featuring brands like Foot Locker, Kids Foot Locker, and Champs Sports, aiming to inspire youth culture through a passion for sneaker experiences.
adidas and Foot Locker have announced an enhanced partnership aimed at significantly boosting retail sales in the basketball category. The partnership expects to generate over $2 billion in retail sales by 2025, nearly tripling from 2021 levels, with adidas projecting up to €100 million in incremental revenues for 2022. Foot Locker will lead adidas' basketball offerings and enhance the consumer experience through exclusive product positions and a focus on key franchises. The partnership also aims to increase digital engagement and streamline consumer journeys.
Foot Locker, Inc. (NYSE: FL) will announce its financial results for the first quarter ending April 30, 2022, before U.S. markets open on May 20, 2022. A conference call is scheduled at 9:00 a.m. ET on the same day, where the company will provide a business update. Shareholders can pre-register for the call to gain immediate access. A live webcast will also be available on the Foot Locker Investor Relations website, with an archived replay accessible after the call. The company operates around 2,900 stores in 28 countries, focusing on inspiring youth culture through its brands.
Champs Sports, part of Foot Locker (NYSE:FL), announced the opening of its new retail concept, Champs Sports Homefield, in Pembroke Pines, Florida, on April 22-24, 2022. This 35,000+ square foot store is designed for the modern athlete, offering performance and lifestyle products. Homefield features specialized services, including a full-sized multi-sport court and a VR system. During the grand opening, customers can enjoy workout classes and engage in community activities. A 'Wall of Game' will honor local sports contributors with an induction ceremony on April 23.
Foot Locker, Inc. (NYSE: FL) will participate in the J.P. Morgan 8th Annual Retail Round Up Conference on April 7, 2022, at 2:00 p.m. ET. The presentation will feature CEO Richard Johnson and CFO Andrew Page. A live audio feed will be available via the company's website, with a replay accessible for 30 days post-event. Foot Locker operates approximately 2,900 stores in 28 countries, focusing on sneaker and youth culture. The company aims to inspire self-expression and create unique experiences within the sneaker community.
Foot Locker, Inc. (NYSE: FL) has announced its commitment to achieve net zero GHG emissions by 2050 or sooner, aligning with climate scientists' recommendations. This milestone in the company's ESG journey reflects its dedication to sustainability and stakeholder engagement. Foot Locker aims to set a science-based target and will report progress annually in its Impact Report, with the next report expected in fall 2022. CEO Richard A. Johnson emphasized that climate stewardship can strengthen relationships with customers and communities while addressing business risks.
Foot Locker, Inc. appointed Samantha Lomow as President, Global Brands, effective March 18, 2022. With over 25 years of experience, including her role at Hasbro, she will oversee the company's global brand portfolio across North America, EMEA, and APAC. Lomow aims to enhance Foot Locker's consumer-led strategies and omni-channel value proposition. Her appointment reflects a commitment to innovation and the empowerment of youth culture. The company, headquartered in New York, operates approximately 2,900 retail stores worldwide.
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Foot Locker, Inc. (NYSE: FL) reported a strong fourth quarter and fiscal 2021, with a net income of $103 million for the quarter and $893 million for the year, a 179.5% increase year-over-year. Total sales rose 6.9% to $2.3 billion in Q4 and 18.7% to $9 billion for the year. Non-GAAP EPS for Q4 was $1.67, reflecting a 7.7% increase, while fiscal 2021 non-GAAP EPS grew to $7.77, up 176.5%. The company aims to diversify its vendor mix and enhance customer experience, with a new cost-saving program set to generate $200 million annually.