FOOT LOCKER, INC. TO PRESENT AT THE GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE
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August 29, 2024 5:51 AM EDT
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
August 29, 2024 5:36 AM EDT
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
August 29, 2024 5:14 AM EDT
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
