Foot Locker (FL) surges on earnings beat
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Foot Locker (FL) PT Raised to $26 at Jefferies
May 31, 2024 8:25 AM EDTJefferies analyst Corey Tarlowe raised the price target on Foot Locker (NYSE: FL) to $26.00 (from $24.00) while maintaining a Hold rating.
The analyst comments "FL's 1Q SSS, GM, and EPS came ahead of Street ests, while revenue and OM were in-line. Champs continues to close stores,... More
Foot Locker (FL) PT Raised to $27 at Telsey
May 30, 2024 4:49 PM EDTTelsey analyst Cristina Fernandez raised the price target on Foot Locker (NYSE: FL) to $27.00 (from $26.00) while maintaining a Market Perform rating.
The analyst comments "We were pleased that Foot Locker's 1Q24 showed sequential improvement in both the comp and markdown activity as the quarter progressed, indicating its business and the industry are on better footing. This trend was driven by a combination of leaner inventories and better... More
Foot Locker (FL) PT Raised to $34 at Evercore ISI
May 30, 2024 12:15 PM EDTEvercore ISI analyst Michael Binetti raised the price target on Foot Locker (NYSE: FL) to $34.00 (from $32.00) while maintaining a In Line rating.
The analyst comments "In our view, the outsized move in FLs stock is due to comments that SSS accelerated... More
Foot Locker (FL) Tops Q1 EPS by 9c; offers outlook
May 30, 2024 6:46 AM EDTFoot Locker (NYSE: FL) reported Q1 EPS of $0.22, $0.09 better than the analyst estimate of $0.13. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.89 billion.
GUIDANCE:
Foot Locker sees FY2025 EPS of $1.50-$1.70, versus the consensus of... More
