Foot Locker, Inc. Reports 2015 Second Quarter Results
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Sterne Agee CRT Raises Price Target on Foot Locker (FL) to $85 Following 2Q15 EPS Beat
August 24, 2015 8:46 AM EDTSterne Agee CRT reiterated a Buy rating on Foot Locker (NYSE: FL), and raised the price target to $85.00 (from $75.00), following the company's 2Q15 earnings results. FL reported EPS of $0.84 on a 9.6% SSS increase versus consensus estimates of $0.69 on a +5.9% SSS.
Analyst... More
Cowen Raises Price Target on Foot Locker (FL) to $80 Following 15c EPS Beat
August 21, 2015 1:37 PM EDTCowen reiterated an Outperform rating on Foot Locker (NYSE: FL), and raised the price target to $80.00 (from $77.00), following the company's 2Q15 earnings results. EPS of $0.84 beat consensus of $0.69 and FLs guidance of mid-single digit y/y growth.
Analyst John Kernan commented, "FL's... More
Piper Jaffray Raises Price target on Foot Locker (FL) to $72 Following 2Q EPS Beat
August 21, 2015 1:30 PM EDTPiper Jaffray reiterated a Neutral rating on Foot Locker (NYSE: FL), and raised the price target to $72.00 (from $60.00), following the company's 2Q15 earnings results. FL reported EPS of $0.84, beating the Street estimate of $0.69. Revenue of $1.7B came in ahead of $1.66B estimates.
Analyst Erinn Murphy commented, "We... More
Foot Locker's (FL) Q2 Results Seen as 'Robust', Target Raised to $80 at Deutsche Bank
August 21, 2015 9:15 AM EDTDeutsche Bank reiterated a Buy rating on Foot Locker (NYSE: FL) and raised its price target to $80.00 (from $78.00). The stock traded higher pre-market following Q2 results that, in the opinion of analyst Paul Trussell, were robust across the board.
"Due to a high bar heading into the print and constant skepticism around the athletic footwear cycle from many investors, FLs... More
Foot Locker (FL) Tops Q2 EPS by 15c; Comps Rose 9.6%
August 21, 2015 7:01 AM EDTFoot Locker (NYSE: FL) reported Q2 EPS of $0.84, $0.15 better than the analyst estimate of $0.69. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.66 billion.
Second quarter comparable-store sales increased 9.6 percent.
At August 1, 2015, the Company's merchandise inventories were... More
