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Stock Market & Financial Investment News

News Breaks
August 22, 2014
09:28 EDTFLFoot Locker says Q3 comparable sales to experience mid-single digit gains
Says making good progress on solid flow of inventory. Says inventory "well-positioned" for upcoming back to school and fall seasons. Still on track to close just over 100 stores this year, but some closures expected to happen at the beginning of FY15. Projecting to open 80 stores this year mostly in Europe and Kids Foot Locker, which is up from the company's initial projection of opening 60 stores. Says has experienced a high-single digit comparable sales gain so far in August. Sees Q3 SG&A improvement of 30-40 basis points. Sees Q3 gross margin up 20-40 basis points. Comments made during the company's Q2 earnings conference call.
News For FL From The Last 14 Days
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December 19, 2014
16:31 EDTFLOn The Fly: Closing Wrap
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12:27 EDTFLOn The Fly: Midday Wrap
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11:53 EDTFLFoot Locker heads lower with peers, levels to watch
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10:39 EDTFLNike leads footwear space lower after futures growth slows
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10:02 EDTFLFoot Locker downgraded to Underperform from Neutral at BofA/Merrill
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