Foot Locker Furloughs Majority of Staff and Cuts Executive Pay [TheStreet.com]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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US:NYSE Investor Relations:
footlocker-inc.com/investors.cfm?page=investor-relations
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Source: TheStreet.com
Foot Locker FL shares were higher on Thursday after the athletic-shoe and -apparel retailer said that effective April 26 it was furloughing the majority of its employees in the U.S. and Canada, including supply-chain employees in the U.S.And Foot Locker said that in response to the "unprecedented business impact" of the coronavirus pandemic," it would take a number of steps to address its sales decline.The New York company said in a Securities and Exchange Commission filing that the staff would continue to be paid until April 25 and receive their health-care and other benefits during the furlough.The company also cut its senior executives' pay. Chief Executive Richard Johnson will take a 40% pay cut starting May 3 and the board agreed to suspend its cash compensation.Last month,Foot Locker said its store closings includedThe rest of Foot Lockers in the Asia Pacific region - which include Hong Kong, Singapore, Australia and New Zealand - will remain open subject to direction from local
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FL
News
- Foot Locker (NYSE:FL) had its "market perform" rating reaffirmed by analysts at Telsey Advisory Group. They now have a $24.00 price target on the stock.MarketBeat
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- Dick's Sporting Goods completes US$2.4 billion Foot Locker deal [BNN Bloomberg (Canada)]BNN Bloomberg
- Dick's Sporting Goods completes $2.4 billion Foot Locker deal [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dick's Sporting Goods completes $2.4 billion Foot Locker deal [Yahoo! Finance Canada]Yahoo! Finance Canada
FL
Earnings
- 8/27/25 - Miss
FL
Sec Filings
- 9/8/25 - Form 4
- 9/8/25 - Form 4
- 9/8/25 - Form 4
- FL's page on the SEC website