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Stock impact report

Foot Locker Has Another Imperfect Year in 2019, but Remains Mighty Cheap [The Motley Fool]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Company Research Source: The Motley Fool
Caught up in the coronavirus-fueled sell-off that has wreaked havoc on the stock market so far this year, shares of Foot Locker ( NYSE:FL Nike NYSE:NKE The fourth quarter of 09 left shareholders feeling underwhelmed as well, but Foot Locker has a plan. Stable profitability means the company is able to invest to try and reignite growth, and a hefty dividend yield doesn't hurt either. Image source: Getty Images. A ho-hum 09 comes to an end Between athleticwear-inspired clothing going mainstream and sneakerheads, global sales of sport shoes have been on a tear the last few years. It's thus disappointing that overall revenue at Foot Locker has been flat. 09 ended up yielding more of the same. What started out as healthy top-line gains reversed course during the holiday shopping period. Total sales fell .% to $. billion, driven by a .6% decline in sales at existing stores (or "comps"). Full-year comps still managed a .% increase thanks to an especially busy back-to-school period during the Show less Read more
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