27 11, 2023

Citi Bank Says It’s Time to SELL Foot Locker, But VectorVest Paints a Different Picture For FL…

By |2023-12-07T19:47:30+00:00November 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Foot Locker (FL) started Monday morning on the wrong side of the bed falling nearly 5% in pre-market trading. Since the bell sounded though, the stock has recovered those losses and settled around a 1% loss. All this came after Citi Bank downgraded the stock to a sell. Analyst Paul Lejuez believes the stock [...]

23 08, 2023

Foot Locker Steps Back on Guidance After Another Bad Quarter: With FL Down 30%, Is It Time to Sell?

By |2023-12-07T19:53:42+00:00August 23rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Foot Locker (FL) investors were in for a rude awakening this Wednesday morning as the company reported fiscal second-quarter earnings that featured another step backward on the full-year guidance.  While the company’s earnings were right on target with what analysts were looking for (4 cents adjusted), revenue slid below the analyst consensus ($1.86 billion [...]

19 05, 2023

Foot Locker Falls 27%+ After Abandoning Full-Year Outlook: Is This an Overreaction or is it Time to Sell?

By |2023-12-07T20:50:53+00:00May 19th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Foot Locker (FL) released company earnings Friday morning, in which the company didn’t just underperform - they expect things to get worse in the road ahead. The previous full-year guidance has been abandoned amidst a challenging economic climate. And as a result, shares are down 27% so far today. Just how bad was it, [...]

Go to Top