Foot Locker (FL) PT Bumped to $59 at Piper Jaffray Post Q4

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Foot Locker (FL) Price Target Lifted at Janney Amid Solid Execution from New Managment

March 9, 2015 6:33 AM EDT

Janney Capital analyst Eric Tracy raised his fair value target on Buy-rated Foot Locker (NYSE: FL) to $68.00 (from $62.00) following the same solid execution in Q4 even given new leadership.

Tracey comments, "We remain constructive on FL following the 4Q beat, with continued execution (despite current... More

Foot Locker (FL) Tops Q4 EPS by 9c

March 6, 2015 7:01 AM EST

Foot Locker (NYSE: FL) reported Q4 EPS of $1.00, $0.09 better than the analyst estimate of $0.91. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.87 billion.

Fourth quarter comparable-store sales increased 10.2 percent. Total fourth quarter sales increased 6.7 percent, to $1,911 million this year,... More