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FL

Foot Locker

$70.45

-0.41 (-0.58%)

06:46
05/19/17
05/19
06:46
05/19/17
06:46

Foot Locker CEO says Q1 'one of our most profitable quarters ever'

"The first quarter was one of our most profitable quarters ever, but it did fall short of our original expectations," said Richard Johnson, Chairman of the Board and CEO. "The slow start we experienced in February, which we believe was largely due to the delay in income tax refunds, was unfortunately not fully offset by much stronger sales in March and April. Nonetheless, we believe our banners remain at the center of a vibrant sneaker culture. We are confident that our customers have not lost their tremendous appetite for athletic footwear and apparel and that our position in the industry is stronger than ever."

  • 19

    May

  • 15

    Jun

FL Foot Locker
$70.45

-0.41 (-0.58%)

02/27/17
COWN
02/27/17
NO CHANGE
Target $77
COWN
Outperform
Foot Locker one of healthiest brands in retail, says Cowen
Cowen analyst John Kiernan called Foot Locker one of the healthiest brands in retail following it Q4 results. The analyst cited the company's growth in traffic, average selling prices, and margins. Kiernan reiterated his Outperform rating and raised his target to $77 from $74 on Foot Locker shares.
02/27/17
ADAM
02/27/17
NO CHANGE
Target $87
ADAM
Buy
Foot Locker reiterated as a top pick for 2017 at Canaccord
Canaccord analyst Camilo Lyon noted Foot Locker reported solid Q4 results and bucked the trend of a challenging retail environment. Lyon cited the company's ability to drive positive store traffic, its ability to execute with consistency, and its stock buyback program. Lyon maintained his Buy rating and raised his price target to $87 from $83 on Foot Locker shares.
04/20/17
BUCK
04/20/17
UPGRADE
BUCK
Buy
Foot Locker upgraded to Buy from Neutral at Buckingham
04/20/17
04/20/17
UPGRADE

Buy
Update: Foot Locker upgraded on accelerating trends at Buckingham
As previously reported, Buckingham upgraded Foot Locker to Buy from Neutral and raised its price target to $89 from $77 based on expectations for an acceleration in same-store-sales trends, expanding merchandise margins, and increased share buybacks. The firm believes the major long-term bear thesis on Footlocker that customers move to Nike.com is more muted with other athletic brands gaining share and said the company has a sustainable and defensible concept that resonates with customers.

TODAY'S FREE FLY STORIES

FIT

Fitbit

$5.61

-0.15 (-2.60%)

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SPI

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IBIO

iBio

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CYTX

Cytori Therapeutics

$1.11

-0.01 (-0.89%)

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BOH

Bank of Hawaii

$81.45

-0.52 (-0.63%)

08:42
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  • 24

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JCP

J.C. Penney

$5.08

0.08 (1.60%)

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  • 01

    Aug

WWD

Woodward

$68.55

-0.87 (-1.25%)

08:39
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Woodward management to meet with Oppenheimer »

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SILC

Silicom

$51.37

0.96 (1.90%)

08:38
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Conference/Events
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OTIV

On Track Innovations

$1.47

0.025 (1.74%)

08:38
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On Track Innovations' Uno-8 contactless reader granted EMVCo Modular approval »

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  • 09

    Aug

FNJN

Finjan Holdings

08:38
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Finjan Holdings says oral arguments to be heard at Court of Appeals on Sep. 8 »

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POL

PolyOne

$38.46

-0.18 (-0.47%)

08:37
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Conference/Events
PolyOne management to meet with Northcoast »

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ARNC

Arconic

$25.21

0.46 (1.86%)

08:37
07/24/17
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Earnings
Arconic sees FY17 EPS $1.15-$1.20, consensus $1.16 »

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  • 24

    Jul

HIFR

InfraREIT

$19.90

0.2 (1.02%)

08:37
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Breaking Hot Stocks news story on InfraREIT 

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  • 02

    Aug

SLB

Schlumberger

$66.53

-0.49 (-0.73%)

08:36
07/24/17
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08:36
Recommendations
Schlumberger analyst commentary  »

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MED

Medifast

$42.11

0.28 (0.67%)

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  • 08

    Aug

P

Pandora

$9.47

0.33 (3.61%)

, AAPL

Apple

$150.27

-0.07 (-0.05%)

08:36
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Periodicals
Spotify near new licensing pact with Warner Music, Reuters reports »

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AAPL

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HIFR

InfraREIT

$19.90

0.2 (1.02%)

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  • 02

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DMPI

DelMar Pharmaceuticals

$2.08

0.11 (5.58%)

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NVCR

Novocure

08:34
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Conference/Events
Novocure management to meet with JMP Securities »

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  • 27

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ALV

Autoliv

$106.78

-9.11 (-7.86%)

08:34
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Autoliv analyst commentary  »

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  • 14

    Sep

LMAT

LeMaitre

$28.31

-0.89 (-3.05%)

08:33
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Conference/Events
LeMaitre management to meet with Craig Hallum »

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  • 27

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ARNC

Arconic

$25.21

0.46 (1.86%)

08:33
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Earnings
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  • 24

    Jul

WU

Western Union

$19.09

0.01 (0.05%)

, BP

BP

$34.68

-0.42 (-1.20%)

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WU

Western Union

$19.09

0.01 (0.05%)

BP

BP

$34.68

-0.42 (-1.20%)

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  • 03

    Aug

GRA

W.R. Grace

$72.17

1.12 (1.58%)

08:33
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Conference/Events
W.R. Grace management to meet with Seaport Global »

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  • 27

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  • 01

    Aug

PFE

Pfizer

$33.48

-0.06 (-0.18%)

08:32
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