Footwear retailer Foot Locker (NYSE: FL) is having all sorts of trouble coping with the current economic environment. Sales plunged 11.4% year over year in the first quarter, with comparable store ...
If there is one thing a dividend investor hates to see, it's a dividend cut. But that's just what Foot Locker (NYSE: FL) has done as it attempts to turn its business around. Investors should most ...
Foot Locker (NYSE:FL) plummeted 30% before the open on Wednesday after lowering guidance and suspending its quarterly dividend. For the full year, sales is expected to drop 8% to 9% from a previous ...
Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases.
Foot Locker's stock appears to be undervalued based on our valuation methods. Based on the Gordon growth model, the fair value of FL's share is estimated to be between $26 and $37. The estimated ...
Foot Locker suspended its dividend following weaker-than-expected quarterly sales and a lower full-year profit outlook. Foot Locker (FL) shares plunged to a near 13-year low Wednesday after the ...
Foot Locker Inc.’s stock slid 28% Wednesday, after the sporting goods retailer swung to a loss in the second-quarter, lowered its full-year guidance and said it’s suspending its quarterly dividend to ...
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Foot Locker reported a steep decline in comparable sales and slashed its full-year guidance. Free cash flow is deeply negative, thanks in part to bloated inventories. Given this backdrop, the dividend ...
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