Foot Locker reports revenue beat, reaffirms outlook

Seaport Global Securities Reiterates Neutral Rating on Foot Locker (FL)

Seaport Global Securities analyst Mitch Kummetz reiterated a Neutral rating on Foot Locker (NYSE: FL).

The analyst comments "FL reported a modest 2Q24 sales, EBIT, and EPS beat. Sales growth was driven by a strong Foot Locker comp in North American and EMEA. The company noted improving trends throughout the quarter, including a solid start to back-to-school. Moreover, a... More

Evercore ISI Reiterates Outperform Rating on Foot Locker (FL)

Evercore ISI analyst Michael Binetti reiterated an Outperform rating and $38.00 price target on Foot Locker (NYSE: FL).

The analyst comments "Leaning In: Bigger Picture FL Thesis is Intact: We highlighted in our preview wed be biased to lean in on a pullbackand we are. 2Q was the first time in 10 quarters that both SSS and GM turned... More

Foot Locker (FL) PT Raised to $30 at Telsey

Telsey analyst Cristina Fernandez raised the price target on Foot Locker (NYSE: FL) to $30.00 (from $27.00) while maintaining a Market Perform rating.

The analyst comments "TAG: Foot Locker's turnaround is taking hold as evidenced by the return to a positive comp in 2Q24 after five quarters of negative comps and expectations that the positive trend will continue in 2H24... More

BTIG Reiterates Neutral Rating on Foot Locker (FL)

BTIG analyst Janine Stichter reiterated a Neutral rating on Foot Locker (NYSE: FL).

The analyst comments "Q2 demonstrated continued progress, with upside across both top-line and GM, outsized strength in the core FL concept, and stabilization in Champs. Importantly, top-line and GM... More

Foot Locker (FL) Tops Q2 EPS by 3c; reaffirms forecast

Foot Locker (NYSE: FL) reported Q2 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.89 billion.

GUIDANCE:

Foot Locker sees FY2025 EPS of $1.50-$1.70, versus the consensus of... More

Foot Locker (FL) August 30 weekly 25, 26 and 28 puts active into quarter results

Foot Locker (NYSE: FL) August weekly call option implied volatility is at 214, September is at 87; compared to its 52-week range of 38 to 89 into the expected release of quarter results before the bell on August 28. Call put ratio 1 call to 2.6 puts with focus on August 30 weekly 25, 26 and 28 puts.

Foot Locker (FL) PT Raised to $33 at Wedbush

Wedbush analyst Tom Nikic raised the price target on Foot Locker (NYSE: FL) to $33.00 (from $25.00) while maintaining a Neutral rating.... More

Foot Locker (FL) August 30 weekly 33 straddle priced into quarter results

Foot Locker (NYSE: FL) August 30 weekly 33 straddle priced for a move of 16% into the expected release of quarter results before the bell on August 28.

Foot Locker (FL) PT Raised to $35 at Baird

Baird analyst Jonathan R. Komp raised the price target on Foot Locker (NYSE: FL) to $35.00 (from $26.00) while maintaining a Neutral rating.... More