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Why This Foot Locker Analyst Is Encouraged By New CEO
Friday, August 19, 2022 - 12:24pm | 273Read More...Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is a “thesis changing move,” according to BofA Securities. The Foot Locker Analyst: Lorraine...
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Why Foot Locker Shares Are Trading Higher Today
Friday, August 20, 2021 - 9:45am | 226Read More...Foot Locker Inc (NYSE: FL) is trading higher Friday after the company announced better-than-expected second-quarter financial results. Foot Locker reported quarterly earnings of $2.21 per share, which beat the estimate of $1 per share. The company reported quarterly revenue of $2.27 billion, which...
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'Trading Is The Ultimate Goal': Fintech Is Dictating The Development Of Cryptocurrency
Tuesday, April 10, 2018 - 4:31pm | 962Read More...If 2017 was the honeymoon phase for bitcoin, with valuations soaring by triple-digit percentages, the first few months of 2018 have proven to be a more rigorous training ground for bitcoin, Ethereum and the myriad other cryptocurrencies on the market. Most have seen valuation drops of 50 percent or...
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Here's Why Nike Has 'Lost A Bit Of Its Magic'
Thursday, September 28, 2017 - 8:54am | 463Read More...Many Wall Street analysts believe Nike Inc (NYSE: NKE)'s earnings report signaled that the company is undergoing a rough period in the North American market. The line of thinking continues: It will be short-term in nature, however, as the level of innovation remains strong with a compelling...
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The Hottest Shoe Stock May Surprise You
Friday, November 25, 2016 - 10:50am | 507Read More...The best performing shoe stock over the past six months may come as a surprise for many investors. While basketball shoes are seeing some weakness, it has become clear that retro is the style right now. Puma's Pounce: Hottest Shoe Stock Puma AG Rudolf Dassler Sport has been the best...
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Foot Locker Reports Q4 Beat, Shares Gain 3%
Friday, February 26, 2016 - 9:17am | 339Read More...Shares of Foot Locker, Inc. (NYSE: FL) were trading higher by around 3 percent after the company reported its fourth quarter results. Foot Locker said it earned $1.16 per share in the fourth quarter on revenue of $2.01 billion. Wall Street analysts were expecting the company to earn $1.12 per...
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Foot Locker Increases Capital Expenditure Program For 2016 To $297 Million From $225 Million In 2015
Thursday, February 18, 2016 - 10:29am | 234Read More...Foot Locker, Inc. (NYSE: FL) announced after Wednesday's market close that the company's Board of Directors approved a $297 million capital expenditure program for 2016, marking a "significant increase" from $225 million spent in 2015. Foot Locker noted that it plans on...
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Gilford Securities Says Foot Locker CEO Change Is A Reason For Confidence
Wednesday, November 5, 2014 - 10:06am | 184Read More...On Tuesday, analysts at Gilford Securities commented on Foot Locker, Inc. (NYSE: FL). Analysts at the firm have a Buy rating on Foot Locker shares. Bernard Sosnick finds the CEO transition will be positive for the company, stating, "The designation of Richard Johnson as CEO places FL in...
