Foot Locker Inc
Latest Foot Locker Inc News and Updates
Foot Locker Is Going on a Store-Closing Frenzy — Is It Going Out of Business?
In March 2023, Foot Locker said that it will close over 400 stores, which brings the total count to under 1,000. Is Foot Locker going out of business?
Steven A. Cohen increases SAC Capital’s position in Google
SAC Capital built up its stake in Google Inc. (GOOG) last quarter by 97,523 shares, to 193,550 shares. Google accounts for a 1.26% position in SAC’s portfolio.
Nike’s Fastest-Growing Demographic Segments
The women and young athletes demographic segments saw the greatest sales traction in fiscal 2015 for Nike.
NIKE Scores Big Leveraging E-commerce, Retail Channels
The company is widening its retail footprint and growing e-commerce sales. NIKE’s store count stood at 858 stores at the end of fiscal 2014.
Under Armour: The ARMOURY and Its Wholesale Strategic Importance
The ARMOURY stores will cater to the premium segment of the market. They’ll also feature UA product exclusives and occasional visits from star athletes.
Understanding NIKE’s Pricing Power And Premium Products Tilt
Innovation and strong consumer demand enable NIKE to add more premium products to its portfolio. But its price-hiking strategies may not work everywhere.
NIKE Defies Macro Headwinds In Europe
NIKE is in the midst of transforming the Western Europe market. It’s looking to improve profitability by increasing the premium on its brand.
Analyzing Nike’s Distribution Channels and Retail Strategy
Nike’s DTC approach includes brick-and-mortar stores and its digital platform. Online sales through Nike Direct is its fastest-growing distribution channel.
What Can We Expect from Nike’s Wholesale Channel in Fiscal 3Q16?
The wholesale channel is the largest channel for Nike’s (NKE) sales.
Porter’s Five Forces: What’s Foot Locker’s Industry Position?
In this part, we’ll look at industry forces affecting sporting goods retailers. We’ll also look at Foot Locker’s competitive positioning based on Porter’s Five Forces
Fleet of Foot? Foot Locker’s Fastest-Growing Sales Segments
In fiscal 2016, Foot Locker made $5.3 billion in US sales, representing 71.6% of its total revenue. In contrast, international revenue came in at $2.1 billion.
Foot Locker’s e-Commerce Sales Growth: Potential and Prospects
Foot Locker (FL) operates several e-commerce websites under the Foot Locker and other store banners. It reports e-commerce sales under the direct-to-customer segment.
Why Is Foot Locker Eyeing Higher Growth in Europe?
Foot Locker (FL) made about 28.4% of its sales, or $2.1 billion, from outside the United States in fiscal 2016.
Analyzing the Cogs in Foot Locker’s Supply Chain
Foot Locker’s distribution and supply chain includes five distribution centers around the world. It owns two of them and leases three.
How Foot Locker Has Stepped Up Inventory Management Efforts
In recent quarters, Foot Locker (FL) has made inventory management a priority. The retailer is targeting faster inventory turns.
A Look at Foot Locker’s Cost Structure, Expanding Profitability
As part of its long-term plan, Foot Locker (FL) has been concentrating on enhancing its profitability margins and focusing on store remodels and improved service and product assortment.
A Look at Foot Locker’s Key Strengths and Weaknesses
Foot Locker (FL) has several key strengths. It’s the largest specialty retailer (XRT) of sporting goods in terms of US store count.
The Earnings Outlook for Nike in Fiscal 4Q16
After posting adjusted EPS growth rates exceeding 20% in the first three quarters of fiscal 2016, the earnings expectations for Nike (NKE) in the fourth quarter are modest.
A Look at Dick’s Sporting Goods’ Bottom-Line Performance in 2018
In the last ten quarters, Dick’s Sporting Goods (DKS) has topped analysts’ bottom-line estimates eight times and missed them twice.
Dick’s Sporting Goods’ Sales Growth Was Unimpressive in 2018
In the last ten quarters, Dick’s Sporting Goods (DKS) has missed analysts’ top-line estimates five times and surpassed them in the rest of the quarters.
How Dick’s Sporting Goods Stock Performed in 2018
Dick’s Sporting Goods (DKS) stock rose 8.6% to $31.20 in 2018.
An Insight into Dick’s Sporting Goods’ Sales Trends
In fiscal 2017, Dick’s Sporting Goods (DKS) reported sales of $8.59 billion, missing analysts’ estimate by just 0.8%.
DSW’s Fiscal 4Q17 Results Were a Mixed Bag
DSW posted sales of ~$720 million in fiscal 4Q17, which was below the analyst estimate of $728.2 million.
Dick’s Sporting Goods: What Analysts Recommend after Fiscal 4Q17
As of March 13, 2018, 61% of the 31 analysts covering Dick’s Sporting Goods (DKS) stock are recommending a “hold.”
Gap’s 1Q17 Top-Line Growth Driven Entirely by Old Navy
Gap (GPS) reported total revenues of $3.4 billion in fiscal 1Q17, beating the consensus by $50.0 million. YoY, its top line remained almost flat.
J.P. Morgan Raises Foot Locker’s Price Target, Adds to Focus List
Foot Locker (FL) has a market cap of $9.0 billion. It rose 0.76% to close at $67.58 per share on September 26.
Why Did Foot Locker’s Price Target Rise?
Foot Locker has a market cap of $9.3 billion. It fell by 0.35% and closed at $68.25 per share on August 22, 2016. It reported fiscal 2Q16 sales of $1.8 billion.
Future Sales Drivers for Nike’s Integrated Marketplace Model
Nike is expecting sales through wholesalers to grow at a mid- to high-single compounded annual growth rate over the next five years through fiscal 2020.
Analyzing Lululemon Athletica’s Revenue Performance this Year
Lululemon Athletica (LULU) reported revenue of $423.5 million in 1Q16, up 10% year-over-year.
How Nike Benefits from Its Wholesale Partnerships
Nike (NKE) has a number of stores-within-stores, or exclusive standalone stores, partnering with retailers.
Under Armour revenues and retail presence
Wholesales represented 68% of Under Armour revenues in 2013. As a category, however, DTC sales have increased steadily over the years.