FL Stock Recent News

BRCC, FL and BMRC have been added to the Zacks Rank #5 (Strong Sell) List on June 9, 2025.

PITTSBURGH , June 6, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced that, in connection with its anticipated acquisition of Foot Locker, Inc. ("Foot Locker"), DICK'S has commenced an offer to eligible holders (the "Holders") to exchange (the "Exchange Offer") any and all outstanding 4.000% Senior Notes due 2029 issued by Foot Locker (the "Foot Locker Notes") for (1) up to $400 million aggregate principal amount of new 4.000% Senior Notes due 2029 issued by DICK'S (the "DICK'S Notes") in principal amount as set forth in the table below and (2) the Consent Payment (as defined below). The Exchange Offer and Consent Solicitation (as defined below) are being conducted in connection with, and are conditioned upon, among other things, the closing of the merger of a subsidiary of DICK'S with and into Foot Locker, with Foot Locker surviving the merger as a wholly owned subsidiary of DI

Telsey Advisory Group analyst Cristina Fernandez maintained Foot Locker FL with a Market Perform and a $24 price target on Thursday.

FL, EXPI and HONE have been added to the Zacks Rank #5 (Strong Sell) List on May 30, 2025.

Shares of Dick's Sporting Goods Inc. DKS rose in early trading on Thursday despite the company reporting an earnings miss for the first quarter on Wednesday.

Foot Locker Q1 revenues decline as comparable sales fall Y/Y. Global traffic softness and store closures weigh on performance.

Although the revenue and EPS for Foot Locker (FL) give a sense of how its business performed in the quarter ended April 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Foot Locker (FL) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.22 per share a year ago.

Foot Locker posted weaker results in its latest quarter, extending a challenging period for the company ahead of a planned buyout by Dick's Sporting Goods.

•  Total Sales Down 4.6% Year-over-Year and Comparable Sales Down 2.6% •  GAAP EPS Loss of $3.81 and Non-GAAP EPS Loss of $0.07 •  Continued Store Modernization Efforts with 69 Refreshes •  Launched New Champs Sports and Kids Foot Locker Mobile Apps NEW YORK , May 29, 2025 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today reported financial results for its first quarter ended May 3, 2025. Mary Dillon, Chief Executive Officer said, "We are continuing to execute our Lace Up Plan strategies as we look forward to the successful completion of our transaction with DICK'S Sporting Goods.