Foot Locker, Inc. (FL) News
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FL News Highlights
- For FL, its 30 day story count is now at 24.
- Over the past 4 days, the trend for FL's stories per day has been choppy and unclear. It has oscillated between 1 and 18.
- DOW, DVN and MS are the most mentioned tickers in articles about FL.
Latest FL News From Around the Web
Below are the latest news stories about FOOT LOCKER INC that investors may wish to consider to help them evaluate FL as an investment opportunity.
These Stocks Are Moving the Most Today: Micron, PDC Energy, PacWest, Plug Power, DraftKings, and More
China bans companies from buying chips from Micron Technology, PDC Energy is being acquired by Chevron, PacWest sells off real estate loans, and Plug Power signs three deals for electrolyzer projects.
Nike Stock Cut To Sell As U.S. Business Faces Challenges
Nike stock was cut to sell early Monday as U.S. athletic apparel market weakens, customers cut back on spending. Foot Locker targets slashed.
Nike impacted by declining Foot Locker sales, retail environment
Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.
Nike stock could take a hit as Foot Locker stumbles, analysts say
Nike represents more than 70% of Foot Locker's sales and could see downside risk as Foot Locker struggles to grow sales.
These 2 Stocks Are Raising Recession Fears
Stock markets were mixed in mid-afternoon trading on Monday. Gains for the Nasdaq Composite stood in stark contrast to triple-digit declines for the Dow Jones Industrials, and worries about the ongoing stalemate in debt ceiling discussions seemed to weigh on certain sectors of the economy but not others. Last week, Foot Locker (NYSE: FL) announced its latest financial results, and the athletic footwear and apparel retailer's stock fell sharply.
Foot Locker and Nike Stocks Downgraded. It Isn’t Just Consumer Spending.
While retailers across the sector are struggling with declines in consumer spending, analysts are bearish on Foot Locker and Nike for different reasons. Citi ‘s Paul Lejuez downgraded Foot Locker’s (ticker: FL) stock to Hold from Buy on Monday, and Williams Trading analyst Sam Poser lowered his rating to Sell on Sunday after sticking to his Hold call since August last year. Shares of Foot Locker fell nearly 5% to $28.74 on Monday.
Foot Locker Among Retailers Facing Bumpy Road
Sales have slowed down among several major retailers such as Foot Locker as consumers cut back discretionary spending.
What Foot Locker’s Rough Quarter Says About Other Athletic Brands Like Nike
Shares of Nike, a key brand sold at Foot Locker and strong indicator of the overall athletic footwear market, were also down on Monday morning.
Apple, DraftKings, Nike: Top movers
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange on the top movers this morning including, Apple, UBS raising its rating for DraftKings to buy, and how Nike is fairing following Foot Locker’s earnings report.
Retail Earnings: What earnings are saying about the state of the consumer
Yahoo Finance Live previews the week in retail earnings ahead of reporting from retail giants such as BJ's, Dollar Tree, and Costco.