No footwear and apparel company is more dedicated to sneaker culture than Foot Locker. Throughout its 50th anniversary, the iconic retailer has taken steps to elevate the shopper experience and build ...
Foot Locker announced technically stronger-than-expected results for its holiday quarter. But the company also pushed back a key margin milestone by two years, noting it's not yet ready to resume ...
PITTSBURGH — Dick's Sporting Goods has completed its acquisition of Foot Locker, creating a sports retail powerhouse with more than 3,200 stores across 20 countries, the companies announced Monday.
Under the terms of the agreement, Dick's will use a combination of cash on hand and new debt to acquire Foot Locker for $2.4 billion. Foot Locker shareholders can receive either $24 in cash – a ...
Foot Locker, a renowned name in athletic footwear and apparel, has announced the launch of two exclusive colorways of the New Balance 740, one of the brand's most beloved silhouettes. To kick off the ...
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...
Along with more high-profile drops, athlete appearances and basketball activations.
Telsey Advisory Group analyst Cristina Fernandez maintained Foot Locker (NYSE:FL) with a Market Perform and a $24 price target on Thursday. The earnings release disclosed total sales down 4.6% Y/Y to ...
Foot Locker beat Wall Street's estimates on the top and bottom lines as it posted comparable sales growth for the first time in six quarters. The sneaker company also saw its gross margin expand for ...
Foot Locker reported a holiday-quarter loss on Wednesday and its shares plunged nearly 30%. The company also gave weak guidance for the current year and delayed a key profitability target. The sneaker ...
Dick’s Sporting Goods is set to close a number of underperforming Foot Locker stores as it continues to review its business and position it for sustained growth. "At Foot Locker, we've assembled a ...
Nike said it was going to invest more in the wholesale channel. Foot Locker is a key partner for Nike, and about 65% of Foot Locker's product comes from Nike. Analysts are also getting more bullish on ...