Foot Locker, Inc. Reports 2017 Third Quarter Results
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Foot Locker (FL) PT Raised to $50 at Susquehanna Following 3Q
November 20, 2017 7:59 AM ESTSusquehanna raised its price target on Foot Locker (NYSE: FL) to $50.00 (from $37.00) while maintaining a Positive rating following the company's 3Q earnings report. FL reported EPS/SSS of $0.87/-3.7% vs. consensus of $0.80/-4.6%. Gross margin declined more than expected as FL continues to right-size... More
Foot Locker (FL) PT Raised to $42 at JPMorgan Following 3Q Release
November 20, 2017 7:12 AM ESTJPMorgan raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $30.00) while maintaining a Neutral rating following the company's 3Q earnings report. FL reported 3Q EPS of $0.87 (8 cents > Street), representing a 23% YOY decline.
Management controlled the P/L via Plan B,... More
Foot Locker (FL) PT Raised to $47 at Citi; Reiterates Buy
November 20, 2017 7:04 AM ESTCiti raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating following the company's 3Q earnings report. FL reported Q3 adjusted EPS of $0.87 vs. the consensus of $0.80. Revenues declined 0.8% y/y to $1.87B on a -3.7% comp (vs.... More
Foot Locker (FL) PT Raised to $42 at Canaccord Genuity Following 3Q Beat
November 20, 2017 6:54 AM ESTCanaccord Genuity raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $36.00) while maintaining a Hold rating following the company's 3Q. The company's 87c in EPS handily beat the consensus estimate of 80c. Inventory appears to be improving as it was -3.4% vs.... More
Deutsche Bank Upgrades Foot Locker (FL) to Buy; Plenty More Upside
November 17, 2017 9:46 AM ESTDeutsche Bank upgraded Foot Locker (NYSE: FL) from Hold to Buy with a price target of $45.00 (from $38.00).
Analyst Paul Trussell said even with this morning's upside they believe the stock can sustain momentum as (1) footwear trends are improving, (2) SG&A & inventory have been... More
Nike (NKE), Under Armour (UA) Trade Higher in Sympathy with Foot Locker (FL) Following Q3 Beat
November 17, 2017 6:51 AM ESTNike (NYSE: NKE) and Under Armour (NYSE: UA) traded higher Friday morning in sympathy with Foot Locker (NYSE: FL) following its Q2 beat.
... MoreFoot Locker (FL) Tops Q3 EPS by 7c, Comps Decline 3.7%
November 17, 2017 6:46 AM ESTFoot Locker (NYSE: FL) reported Q3 EPS of $0.87, $0.07 better than the analyst estimate of $0.80. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.83 billion.
Third quarter comparable-store sales decreased 3.7 percent.
For earnings history and earnings-related data on Foot Locker (FL) click here.
... More
