Foot Locker Has Best Buy Potential [Seeking Alpha]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
footlocker-inc.com/investors.cfm?page=investor-relations
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Source: Seeking Alpha
Summary There are many parallels between Foot Locker in 2017-18 and Best Buy in 2012-13. Best Buy turned its last man standing status in the consumer electronics space into huge market share gains. Foot Locker will do the same over the next several years, and FL stock will subsequently roar higher. Premium athletic footwear retailer Foot Locker ( FL ) recently reported second quarter numbers that left investors unimpressed. The stock dropped sharply from $53 to $46 in response to those numbers, but has since rebounded to $49 thanks to a vote of confidence from analysts at Wells Fargo, who believe that the Nike ( NKE ) resurgence will help power improved numbers at Foot Locker in the back half of the year. When it comes to the debate on FL stock, we side on the Wells Fargo side. Indeed, we are actually substantially more bullish than Wells Fargo, whose $58 price target seems conservative in our view. In the big picture and when all is said and done, we believe Foot
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FL
News
- Foot Locker Puts Faith In New Store Concept To Kick On Sneaker Sales [Forbes]Forbes
- Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence [MSNBC.com]MSNBC.com
- Inside Foot Locker's ‘Store of the Future' Model Guiding the Chain's New Retail Identity [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPT [Yahoo! Finance]Yahoo! Finance
- FOOT LOCKER UNVEILS NEW REINVENTED GLOBAL STORE CONCEPTPR Newswire
FL
Earnings
- 3/6/24 - Beat
FL
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- FL's page on the SEC website