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FL / Foot Locker stock slides premarket as weak guidance offsets Q4 beat

Foot Locker Inc. stock FL, -1.03% fell 3.5% in premarket trade Monday, after the sporting goods retailer's weaker-than-expected guidance for fiscal 2023 offset a stronger-than-expected fourth quarter. The New York-based company posted net income of $19 million, or 20 cents a share, for the fiscal quarter to Jan. 28, down from $103 million, or $1.02 a share, in the year-earlier period. Read More

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Posted: Mar 20 2023, 07:01

Author Name: Market Watch

FL News

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By The Motley Fool
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3 Reasons to Avoid Foot Locker Stock Like the Plague

The athletic shoe chain expects sales for the year to drop nearly 10%. It has had to suspend its dividend and pull back on share repurchases.

By Market Watch
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Nike stock rallies after earnings beat, boosting Foot Locker shares

Nike shares NKE, +0.23% rallied 8% as the apparel maker that's also part of the Dow Jones Industrial Average DJIA reported better-than-expected earnin

By Zacks Investment Research
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Why Is Foot Locker (FL) Up 3.3% Since Last Earnings Report?

Foot Locker (FL) reported earnings 30 days ago. What's next for the stock?

By Barrons
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GameStop and Foot Locker Insiders Bought Up Stock

Executives and directors purchased slumping retail stocks GameStop, Foot Locker, Five Below, and Dick's.

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