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UBS Raises Price Target on Foot Locker (FL) to $80; Reiterates Buy

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UGG for Men Launches Exclusive Holiday Style with Artist Vic Mensa and National Retailer Footaction

November 18, 2016 1:36 PM EST

NEW YORK--(BUSINESS WIRE)-- UGG® for Men (a division of Deckers Brands, NYSE: DECK) announces the launch of their new holiday style, the Neumel Velvet, which will be sold exclusively at Footaction later this month. The style debuted at a private event in... More

Foot Locker, Inc. Reports 2016 Third Quarter Results

November 18, 2016 6:45 AM EST

NEW YORK, Nov. 18, 2016 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its third quarter ended October 29, 2016.

Third Quarter ResultsNet income for the Company's third quarter ended October 29, 2016 was $157 million, or $1.17 per share, compared with net income of $80 million, or $0.57 per share in the same period of 2015.

Third quarter comparable-store sales increased 4.7 percent.  Total sales increased 5.1 percent, to $1,886 million this year, compared with sales of $1,794 million for the corresponding prior-year period.  Excluding the effect of foreign currency fluctuations, total... More

Foot Locker, Inc. Elects Ulice Payne And Kimberly K. Underhill As Directors

November 17, 2016 8:45 AM EST

NEW YORK, Nov. 17, 2016 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors has elected Ulice Payne, Jr. and Kimberly K. Underhill as directors of the Company, effective December 1.

Mr. Payne is currently president and managing member of Addison-Clifton, LLC, a leader in providing global trade compliance advisory services.  A lawyer by trade, Mr. Payne was previously president and chief executive officer of Foly &... More