Foot Locker (FL) sees Q4 EPS up mid-to-high single digits; Sees Q4 comp sales flat
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Wedbush Reiterates Outperform Rating on Foot Locker (FL) Following 3Q
November 25, 2019 7:50 AM ESTWedbush analyst Christopher Svezia reiterated an Outperform rating and $50.00 price target on Foot Locker (NYSE: FL) following the company's 3Q earnings report. 3Q posted a strong +5.7% comp (cons +4.8%), which could have been greater than +7% should apparel have remained flat. SG&A leveraged of 10 bps to 21.3%,... More
