Foot Locker Appoints Mary Dillon To Succeed Richard Johnson As President And CEO

Foot Locker Q2 Adj. EPS Meets Estimates; Stock Down 27% As FY23 Outlook Slashed

Specialty athletic retailer Foot Locker, Inc. (FL) reported Wednesday a second-quarter net loss of $5 million or $0.05 per share, compared to net income of $94 million or $0.99 per share in the prior-year quarter.

RTTNews | vor 505 Tagen

Foot Locker Slashes FY23 Outlook As Q3 Results Miss Estimates; Stock Down 23%

Specialty athletic retailer Foot Locker, Inc. (FL) reported Friday a first-quarter net income of $36 million or $038 per share, sharply lower than $133 million or $1.37 per share in the prior-year quarter.

RTTNews | vor 601 Tagen

Foot Locker Q4 Profit Down, Warns On FY23; To Close Hong Kong Operations

Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.

RTTNews | vor 661 Tagen

Foot Locker, Buckle Report Q2 Net Profit Declines

Specialty athletic retailer Foot Locker, Inc. reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also trimmed it adjusted earnings and sales growth guidance for the full-year 2022.

RTTNews | vor 874 Tagen

Pound Slides As U.K. Borrowing Costs Soar

The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.

RTTNews | vor 5Std 45 Minuten

FTSE 100 Moderately Higher As Mining Stocks Move Up

The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.

RTTNews | vor 6Std 29 Minuten

Eurozone Retail Sales Rise Less Than Forecast

Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.

RTTNews | vor 6Std 45 Minuten

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.

RTTNews | vor 6Std 54 Minuten

EURUSD	1.03018	GBPUSD	1.22813	AUDUSD	0.61982
USDJPY	157.727	USDCAD	1.43942	USDCHF	0.91173