News

Dick's Sporting Goods (NYSE:DKS) and Foot Locker effectively extended the antitrust review period for the planned merger ...
Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching its retail brands, introducing “experiential” new store concepts and ...
Foot Locker’s stock fell after Citi downgraded the name to sell, as cautious consumer sentiment and high inventories are driving the sneaker seller to be more promotional. Photo: Foot Locker Inc.
Foot Locker hadn’t always been a strong performer. When former CEO Ken Hicks took over in 2009, the company was in a sales funk and he started closing stores.
Foot Locker saw sales decrease by nearly 10% last quarter, and blamed the dismal period on "ongoing consumer softness." Its share price plummeting as much as 33% in premarket trading on Wednesday.
The surge in stock price happened just as fast. Counting reinvested dividends, Foot Locker stock gained 1,600% from Nov. 21, 2008 through Sept. 25, 2015 -- that's a 17-bagger in less than seven ...
Shares of Foot Locker fell 30% after revealing Nike news on its earnings call and are now down over 50% from their 52-week high. However, shares are now very cheap on a variety of valuation metrics.
According to a statement released in the SEC filing, Dick’s plans to resubmit its notification and report form on or about ...