Foot Locker shares plunged nearly 10% on Wednesday after the company reported earnings that missed estimates and slashed its yearly forecast on soft holiday demand – with the chief executive calling ...
Foot Locker delivered mixed holiday results and warned that profits will be under pressure in the year ahead. Its largest brand partner, Nike, is using discounts to clear out stale inventory, which is ...
Foot Locker celebrated its 50th anniversary this month and is looking to ensure that it will survive in the decades to come. CEO Mary Dillon and other C-suite executives spoke with CNBC about the ...
Nike Inc.’s sneakers are front and center at Foot Locker Inc. stores once again as the long-time partners rebuild a relationship that had frayed in recent years. Foot Locker is positioning Nike’s ...
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. Stream NBC 5 for free, 24/7, ...
As a key supplier, Nike (NKE) shares were losing ground in early Wednesday trading in sympathy with disappointing Q3 results from Foot Locker (NYSE:FL). But shares for both have since pared their ...
Foot Locker expects earnings recovery in 2025, driven by improved Nike partnership and strong growth in non-Nike brands. Analyst sees margin expansion in FY25 as Foot Locker leverages investments and ...
Foot Locker's stock has dropped 66.85% since 2016, largely due to the shift towards online shopping accelerated by COVID-19. The company is partnering with major brands like Nike and Adidas to release ...
Stream Los Angeles News for free, 24/7, wherever you are. The footwear giant delivered mix results for its holiday quarter, beating Wall Street's expectations on earnings but falling short on sales.