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Notable Insider Buys In The Week Of Christmas: Foot Locker, GameStop, NetApp And More
Saturday, December 26, 2020 - 2:53pm | 952Insider buying can be an encouraging signal for potential investors when markets face uncertainty. Insider purchases of biopharmaceutical company and specialty retailer shares were reported last week. Some insiders took advantage of initial public an secondary offerings as well. Conventional...
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Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More
Saturday, December 5, 2020 - 2:43pm | 978Insider buying can be an encouraging signal for potential investors when markets face uncertainty. This past week, some insiders added to their stakes in REITs, a specialty retailer and a packaged foods giant. Some insiders were making return trips to the buy window to increase their stakes....
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Notable Insider Buys in the Past Week: Biglari, Coty, Danaher, Foot Locker And More
Saturday, November 28, 2020 - 2:45pm | 901Insider buying can be an encouraging signal for potential investors when markets face uncertainty. This past week, some insiders add to their stakes in a retailer, a beauty products maker and a couple of conglomerates. A couple of biopharmaceutical companies saw insiders acquiring some shares as...
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Foot Locker Managed To Fill A Large Pair Of Shoes
Friday, November 22, 2019 - 11:37am | 892Foot Locker (NYSE: FL) posted stronger than expected third quarter earnings as impressive same stores sales exceeded analysts' forecasts. Analysts feared potentially bad news as the New York-based specialty athletic retailer announced surprisingly weak demand three months ago, along with the...
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LINK Conference Keynote Address Delivered By Foot Locker CEO
Monday, February 25, 2019 - 5:57pm | 751(IMAGE: RILA) The 2019 LINK supply chain conference opened its exposition today with a keynote address delivered by Richard Johnson, chairman, president and chief executive officer at Foot Locker Retail Inc. (NYSE: FL). The keynote, "Reshaping the customer experience through supply chain...
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Foot Locker Scores Another Upgrade As New Basketball Releases Resonate
Wednesday, January 31, 2018 - 1:28pm | 554Foot Locker, Inc. (NYSE: FL) has notched yet another upgrade in what has been a dramatic sentiment shift from analysts over the past two months. The Analyst Oppenheimer analyst Anna Andreeva upgrades Foot Locker to an Outperform rating with a $70 price target. The Thesis With Nike...
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With Acquisition Rumors Swirling and Nike Declining, Footwear Retailers Must Act Quickly
Thursday, September 28, 2017 - 4:55pm | 455With Finish Line Inc (NYSE: FINL) acquisition rumors swirling, the footwear retail industry is in dire need of a change. Retailers Finish Line and Foot Locker, Inc. (NYSE: FL)'s heavy reliance on Nike Inc (NYSE: NKE) has spelled doom for the companies' stock for several reasons: Nike just...
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Nike 'Best In Class' According To Bernstein, Receives Outperform Rating
Tuesday, September 12, 2017 - 1:25pm | 583Nike Inc (NYSE: NKE)'s brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class.’ Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic...
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Are Foot Locker And Finish Line's Problems All Nike's Fault?
Wednesday, August 30, 2017 - 10:12am | 439Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...
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Back-To-School Season Won't Save Finish Line
Tuesday, August 29, 2017 - 1:19pm | 367Things are rough right now for athletic retailers, and a rush from back-to-school shopping is unlikely to save them. Sports industry analyst Matt Powell of NPD Group previously told Benzinga that this back-to-school season was the most promotional he has seen in 20 years. Finish Line Inc (NASDAQ:...
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Despite The Noise, Athletic Trends Can Return To Growth
Tuesday, August 22, 2017 - 10:36am | 535Foot Locker, Inc. (NYSE: FL) dramatic post-second quarter marks a turning point in the athletic footwear market. The stock’s crash dominated headlines as an industry that gained lots of media attention over the past few years finally came to a head. Foot Locker’s woes certainly created...
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Foot Locker May Not Gain Traction Until 2018
Tuesday, August 22, 2017 - 8:21am | 331Prior to Foot Locker, Inc. (NYSE: FL)'s devastating second-quarter report, no analysts held a particularly bearish stance toward the company. That has quickly reversed course, with Canaccord Genuity joining in on the downgrades, lowering its rating from a Buy to a Hold. “At issue is a soft...
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The Premium Shoe Sales Slump Is Weighing On Foot Locker
Friday, August 18, 2017 - 2:38pm | 688Foot Locker Inc (NYSE: FL) is in disaster recovery mode after missing on earnings and sales in the second quarter, causing the stock to lose nearly a quarter of its value Friday. Looking to our recent footwear industry sector recap, outside of adidas AG (ADR) (OTC: ADDYY) and Puma AG Rudolf...
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Caution Suggested Ahead Of Foot Locker Earnings
Thursday, August 17, 2017 - 1:51pm | 421Foot Locker, Inc. (NYSE: FL) valuation may be attractive looking out 6–12 months, but near-term fundamentals and low visibility have Baird Equity Research analysts suggesting caution heading into Friday’s earnings report. Shares of the premium retailer have fallen 32 percent year to...
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Benzinga's Bulls And Bears For The Past Week: Nordstrom, Kohl's, Foot Locker And More
Sunday, August 13, 2017 - 5:37pm | 641Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls in retail included a look at a top department store operator and at an e-commerce company. Bearish calls in retail featured two struggling department store operators and a top sporting goods purveyor...