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Stock Market & Financial Investment News

News Breaks
March 7, 2014
09:38 EDTFLFoot Locker says SSS up low double digits so far in Q1
Planning for a mid single digit SSS gain for FY14, including a mid single digit SSS gain in each quarter. Targeting FY14 capital program of $220M. Anticipating about 60 new stores and will likely close about 100. Expects to continue remodeling programs in Foot Locker and Champs stores. Says has a solid strategy for women's business to bring it up to the productivity of the other businesses. On the gross margin front, the company expects to experience some ongoing initial markup pressure but believes it can continue to improve markdown rates. Sees interest expense flat with last year at around $5M. Expecting a 36.5% effective tax rate down from prior expectation of 37%. Comments made during the company's Q4 earnings conference call.
News For FL From The Last 14 Days
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November 25, 2014
10:10 EDTFLJanney to hold a field trip
Janney Montgomery Holiday Mall Tour is being held at Tysons Corner, Virginia on November 25.
November 24, 2014
08:57 EDTFLFoot Locker Q4 guidance conservative, says Sterne Agee
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November 21, 2014
15:57 EDTFLFoot Locker weakness a buying opportunity, says Jefferies
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15:05 EDTFLFoot Locker reverses to session lows in last hour of trading
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10:03 EDTFLFoot Locker says constantly looking at M&A opportunities
09:20 EDTFLFoot Locker sees Q4 SSS gain in the mid-single digits
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09:17 EDTFLOn The Fly: Pre-market Movers
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07:01 EDTFLFoot Locker reports Q3 EPS 83c, consensus 79c
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November 20, 2014
15:28 EDTFLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Foot Locker (FL), consensus 79c; ANN Inc. (ANN), consensus 68c; Hibbett Sports (HIBB), consensus 62c; Berry Plastics (BERY), consensus 37c; Sirona Dental Systems (SIRO), consensus 90c.
07:25 EDTFLFoot Locker volatility increases into Q3 and outlook
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November 17, 2014
15:22 EDTFLFoot Locker volatility increases into Q3 and outlook
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