FL Stock Recent News

Returned to Topline Growth with Total Sales Up 1.9% and Comparable Sales Up 2.6% Achieved Gross Margin Expansion of 50 Basis Points Year-over-Year Loss of $0.13 per Share and Non-GAAP Loss of $0.05 per Share Inventory Decreased 10.0% Year-over-Year Reaffirms Full-Year 2024 Non-GAAP EPS Outlook Further Streamlining International Operations and Optimizing Corporate Office Footprint NEW YORK , Aug. 28, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended August 3, 2024. Mary Dillon, President and Chief Executive Officer, said, "The Lace Up Plan is working, as evidenced by our return to positive total and comparable sales growth as well as gross margin expansion in the second quarter.

Foot Locker Inc.'s second-largest shareholder has trimmed its stake by more than 9%, just days before the athletic shoe and apparel retailer is set to report second-fiscal-quarter results.

Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

An increasing awareness of the health benefits of staying active has catapulted fitness stocks into the spotlight. In the era of technological advancements and evolving consumer preferences, fitness companies are innovating to stay ahead of the curve.

NEW YORK , July 31, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its second quarter ended August 3, 2024, before the U.S. markets open on Wednesday, August 28, 2024. A conference call is scheduled for the same day at 9:00 a.m.

Foot Locker Inc. NYSE: FL is a footwear and apparel retailer operating under its flagship Foot Locker, Kids Foot Locker, Champs Sports, WSS, and Atmos brands. The company operates over 2,600 stores worldwide across North America, Asia, Europe, Australia and New Zealand.

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New loyalty program transforms customer experience with enhanced convenience and exclusive benefits; newly redesigned mobile app to follow NEW YORK, June 25, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) has unveiled an enhanced FLX Rewards program and announced forthcoming upgrades to its mobile app, marking significant milestones under its Lace Up Plan – the Company's strategy designed to drive sustainable and profitable growth. Informed by extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, enabling customers to use points towards a discount on purchases.

We've seen talk of a turnaround at Foot Locker before. Before the pandemic, the retailer was going full-throttle to capitalize on its appeal with a young, urban “sneakerhead” audience, its turnaround strategy predicated on moving off-mall into Power Stores—standalone locations with event spaces and other enhanced, lifestyle-focused offerings for sneaker fanatics, not unlike Nike's experience-heavy House of Innovation flagship stores.