Form 8-K FOOT LOCKER, INC. For: Aug 28

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Go back to Form 8-K FOOT LOCKER, INC. For: Aug 28

Seaport Global Securities Reiterates Neutral Rating on Foot Locker (FL)

August 29, 2024 5:51 AM EDT

Seaport Global Securities analyst Mitch Kummetz reiterated a Neutral rating on Foot Locker (NYSE: FL).

The analyst comments "FL reported a modest 2Q24 sales, EBIT, and EPS beat. Sales growth was driven by a strong Foot Locker comp in North American and EMEA. The company noted improving trends throughout the quarter, including a solid start to back-to-school. Moreover, a... More

Evercore ISI Reiterates Outperform Rating on Foot Locker (FL)

August 29, 2024 5:36 AM EDT

Evercore ISI analyst Michael Binetti reiterated an Outperform rating and $38.00 price target on Foot Locker (NYSE: FL).

The analyst comments "Leaning In: Bigger Picture FL Thesis is Intact: We highlighted in our preview wed be biased to lean in on a pullbackand we are. 2Q was the first time in 10 quarters that both SSS and GM turned... More

Foot Locker (FL) PT Raised to $30 at Telsey

August 29, 2024 5:14 AM EDT

Telsey analyst Cristina Fernandez raised the price target on Foot Locker (NYSE: FL) to $30.00 (from $27.00) while maintaining a Market Perform rating.

The analyst comments "TAG: Foot Locker's turnaround is taking hold as evidenced by the return to a positive comp in 2Q24 after five quarters of negative comps and expectations that the positive trend will continue in 2H24... More

BTIG Reiterates Neutral Rating on Foot Locker (FL)

August 28, 2024 12:51 PM EDT

BTIG analyst Janine Stichter reiterated a Neutral rating on Foot Locker (NYSE: FL).

The analyst comments "Q2 demonstrated continued progress, with upside across both top-line and GM, outsized strength in the core FL concept, and stabilization in Champs. Importantly, top-line and GM... More