Foot Locker shares tumble on guidance cut, disappointing Q3 results

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Go back to Foot Locker shares tumble on guidance cut, disappointing Q3 results

Williams Trading Maintains Foot Locker (FL) at Hold

December 5, 2024 9:32 AM EST

Williams Trading analyst Sam Poser maintains Foot Locker (NYSE: FL) at Hold with a price target of $20.00 (from $21.00).

The analyst comments "Cutting estimates, and lowering PT from $21 to $20 post a 3Q24 miss and a FY24 guidance cut. FL's confidence, on the 2Q24 earnings call that... More

Foot Locker (FL) PT Lowered to $22 at Jefferies

December 4, 2024 4:03 PM EST

Jefferies analyst Corey Tarlowe lowered the price target on Foot Locker (NYSE: FL) to $22.00 (from $27.00) while maintaining a Hold rating.

The analyst comments "FL's 3Q results underperformed Street expectations across the board. Mgmt noted strong BTS and Holiday seasons, controlled inventories, and... More

Foot Locker (FL) PT Lowered to $23 at JPMorgan

December 4, 2024 9:19 AM EST

JPMorgan analyst Matthew R. Boss lowered the price target on Foot Locker (NYSE: FL) to $23.00 (from $27.00) while maintaining a Underweight rating.

The analyst comments "FL reported 3Q24 adj. EPS of $0.33 (20% below the Street at $0.41) driven by a 500bps gross-profit dollar growth miss (7%... More