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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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May 22, 2015
14:33 EDTFLFoot Locker reiterated as an Underperform following Q1 report at BofA/Merrill
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10:41 EDTFLFoot Locker nearing unchanged after trading higher post-earnings
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09:25 EDTFLOn The Fly: Pre-market Movers
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09:19 EDTFLFoot Locker sees mid single-digit SSS gain in Q2
Foot Locker said it has been planning a mid single-digit comp gain in Q2 and that it is off to a "very solid start" with a double-digit month to date comparable sales gain in May. There are some launches coming up that will likely impact that month to date comp rate, the company noted. Q2 being a relatively low sales volume quarter will likely make it the quarter most negatively impacted by the stronger dollar, the company added.
09:17 EDTFLFoot Locker sees double-digit EPS growth in FY15, consensus $3.93
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09:10 EDTFLFoot Locker says March SSS up low double digits, April SSS up mid-single digit
Easter at the beginning of April benefited March sales, which were up low double digits, while April's comp gain was back to mid-single digits, Foot Locker stated on its Q1 earnings conference call.
07:07 EDTFLFoot Locker opened 37 stores and closed 41 stores in Q1
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07:06 EDTFLFoot Locker reports Q1 comparable store sales up 7.8%
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07:06 EDTFLFoot Locker reports Q1 EPS $1.29, consensus $1.23
Reports Q1 revenue $1.92B, consensus $1.91B.
May 21, 2015
15:01 EDTFLNotable companies reporting before tomorrow's open
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12:21 EDTFLFoot Locker volatility elevated into Q1 and outlook
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May 20, 2015
17:48 EDTFLFoot Locker appoints Nicholas DiPaolo as non-executive chairman
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08:42 EDTFLGoldman says to buy Deckers Outdoor, sell Foot Locker
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May 18, 2015
08:48 EDTFLUBS sees multiple sources of upside for Foot Locker
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