Canaccord Genuity Raised Price Target on Foot Locker (FL) Following Q1 Results

Go back to Canaccord Genuity Raised Price Target on Foot Locker (FL) Following Q1 Results

FBR Capital Raised Price Target on Foot Locker (FL) Following 1Q EPS Beat

May 26, 2015 9:41 AM EDT

FBR Capital maintains a Market Perform rating on Foot Locker (NYSE: FL), and raised the price target to $63.00 (from $59.00), following 1Q results. FL reported EPS of $1.29 vs $1.23 estimates.

Analyst Susan Anderson commented on FL, saying, "Foot Locker, Inc. (FL) reported a 1Q EPS beat of $1.29, including a ($0.05) FX impact, versus FBR/consensus of $1.23. (See earlier note for 1Q results.)... More

Sterne Agee CRT Remains Bullish Following Foot Locker's (FL) 1Q Results

May 26, 2015 7:23 AM EDT

Sterne Agee CRT reiterates a Buy rating on Foot Locker (NYSE: FL), and raised the price target to $75.00 (from $65.00), following 1Q results. FL reported EPS of $1.29, versus consensus estimates of $1.23. FY15 guidance was maintained, but analyst Samuel Poser says that beats are... More

Foot Locker (FL) PT Raised, Estimates Bumped Higher at Piper Jaffray

May 22, 2015 1:59 PM EDT

Piper Jaffray analyst Erinn Murphy bumped estimates and her price target on Neutral-rated Foot Locker (NYSE: FL) to $60.00 (from $59.00) following strong Q1 results. The firm is maintaining a neutral rating on valuation.

Murphy commented, "We are updating our model and maintaining our Neutral rating following the... More

Pre-Open Stock Movers 05/22: (EROC) (ABTL) (QURE) Higher; (ARO) (OTIC) (CVM) Lower (more...)

May 22, 2015 9:31 AM EDT

Aeropostale (NYSE: ARO) 19.7% LOWER; reported Q1 EPS of ($0.56), $0.01 worse than the analyst estimate of ($0.55). Revenue for the quarter came in at $318.6 million versus the consensus estimate of $324.91 million. Comparable sales, including the e-commerce channel, for the first quarter decreased 11%, compared to a decrease of 13% for the corresponding 13-week period ended May 3, 2014. Aeropostale sees Q2 2015 EPS of ($0.60)-($0.52), versus the consensus of ($0.37).

... More

Foot Locker (FL) Price Target Raised at Deutsche Bank Following Strong Quarterly Results

May 22, 2015 8:47 AM EDT

Deutsche Bank maintained a Buy rating on Foot Locker (NYSE: FL) and raised its price target to $71.00 (from $69.00). The change follows strong Q1 results. Analyst Paul Trussell thinks fear about a slowdown is basketball provide an opportunity to buy shares at a discount.... More

Piper Jaffray Remains 'Neutral' on Foot Locker (FL) Following Q1 Report; Athletic Cycle Remains 'Robust'

May 22, 2015 7:58 AM EDT

Piper Jaffray is out with a quick take on Foot Locker (NYSE: FL) following the retailer's Q1 report earlier Friday.

Analyst Erinn Murphy noted that FL's Q1 EPS of $1.29 compared with the firm's $1.23 estimate. Comps rose 7.8 percent, ahead of the firm's 6.0 percent... More

Foot Locker (FL) Tops Q1 EPS by 7c

May 22, 2015 7:00 AM EDT

Foot Locker (NYSE: FL) reported Q1 EPS of $1.29, $0.07 better than the analyst estimate of $1.22. Revenue for the quarter came in at $1.92 billion versus the consensus estimate of $1.91 billion.

First quarter comparable-store sales increased 7.8 percent.

Gross margin improved 4 basis points to 35.0... More