Company
NYSE:FL
Foot Locker, Inc. is a global retailer of athletic footwear and apparel. As of January 29, 2011, the Company operated 3,426 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand.
55 stories · page 2 of 3
"The dramatic shifts influencing the expectations and behaviors of our customers continued to affect our business in the fourth quarter, just as they have throughout 2017" - Richard Johnson
Improving its stores will still take up most of the capital expenditure budget but it will be less than in prior years as Foot Locker looks to take advantage of the increasing number of online shoppers
US benchmarks kick off slightly higher ahead of Thanksgiving holiday
Net income for the three months was US$102 million, or $0.81 per share, the firm said
US benchmarks closed in the red on Friday but crude prices rose
The Curry 4 was supposed to hit stores on Friday, but retailers are still only taking orders with a shipping date of November 18
Amazon shares raced up after the bell in New York after Wall Street closed mainly higher
We take a look at activity after the bell in New York
It was another bad for Foot Locker, which was downgraded by four brokers
Chief strategist to President Trump, Stephen Bannon, appears not to be popular on Wall Street
The Nasdaq exchange will observe a one-minute silence at 9:20 am, Eastern Time
Revenue for the period came in at $2bn - short of the $2.02bn that analysts were anticipating
Dynegy Inc shot up 24% after the Wall Street Journal reported Vistra Energy is mulling a bid
Stocks with heavy overseas earnings will benefit from the dollar's slide to levels last seen in November
The NYSE-listed firm expects its first-quarter earnings to be US$1.36 to US$1.39 per share, equal to or just below last year, well below the consensus forecast for US$1.47
US stocks enjoyed a last-minute rally after President Donald Trump began the process of deregulation but it was not enough to keep record high tickers for an eleventh session
Foot Locker has reported better-than-expected quarterly results despite a challenging retail environment
All three top US equity tickers fell on Friday in the wake of markets fully pricing in a December rate hike, but they still managed to gain on the week in an extension of the “Trump trade”, albeit far less than a week ago
Wall Street ended the week higher and out of 2016-negative territory as markets were buoyed by stronger US housing data and brushed aside a mid-week shock that Fed rates may go up as soon as in June
US stocks were higher at midsession on Friday as better housing data helped the broad S&P 500 ticker escape negative territory for 2016
