BTIG analyst Janine Stichter maintained a Hold rating on Foot Locker (FL – Research Report) yesterday. The company’s shares closed yesterday at $34.10.
Stichter covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Steven Madden, and Boot Barn. According to TipRanks, Stichter has an average return of 4.7% and a 42.59% success rate on recommended stocks.
Foot Locker has an analyst consensus of Hold, with a price target consensus of $26.58.
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Based on Foot Locker’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.99 billion and a net profit of $28 million. In comparison, last year the company earned a revenue of $2.18 billion and had a net profit of $96 million
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Foot Locker (FL) Company Description:
Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands. The Direct-to-Customers segment includes Footlocker.com, Inc., Eastbay, Inc., and international electronic commerce businesses. The company was founded on April 7, 1989 and is headquartered in New York, NY.
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