foot locker

Nike Inc (NYSE:NKE) just proved it still knows how to make the right moves. The sportswear giant thumped Wall Street's expectations, flipping a $1.5 billion tariff drag into proof that its turnaround is working. Investors cheered, sending shares up during Thursday trading — evidence that a...

In a recent interview, Bob Nardelli, the former CEO of Home Depot (NYSE: HD), warned that the U.S. economy is “very complex” and cautioned consumers that middle-market companies are under “tremendous pressure.” What Happened: Nardelli shared his...

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my...

Insider buying can be an encouraging signal for potential investors when markets face uncertainty. Insider purchases of biopharmaceutical company and specialty retailer shares were reported last week. Some insiders took advantage of initial public an secondary offerings as well. Conventional...

Insider buying can be an encouraging signal for potential investors when markets face uncertainty. This past week, some insiders added to their stakes in REITs, a specialty retailer and a packaged foods giant. Some insiders were making return trips to the buy window to increase their stakes....

Insider buying can be an encouraging signal for potential investors when markets face uncertainty. This past week, some insiders add to their stakes in a retailer, a beauty products maker and a couple of conglomerates. A couple of biopharmaceutical companies saw insiders acquiring some shares as...

Foot Locker (NYSE: FL) posted stronger than expected third quarter earnings as impressive same stores sales exceeded analysts' forecasts. Analysts feared potentially bad news as the New York-based specialty athletic retailer announced surprisingly weak demand three months ago, along with the...

Foot Locker, Inc. (NYSE: FL) has notched yet another upgrade in what has been a dramatic sentiment shift from analysts over the past two months. The Analyst  Oppenheimer analyst Anna Andreeva upgrades Foot Locker to an Outperform rating with a $70 price target. The Thesis With Nike...

With Finish Line Inc (NYSE: FINL) acquisition rumors swirling, the footwear retail industry is in dire need of a change. Retailers Finish Line and Foot Locker, Inc. (NYSE: FL)'s heavy reliance on Nike Inc (NYSE: NKE) has spelled doom for the companies' stock for several reasons: Nike just...

Nike Inc (NYSE: NKE)'s brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class.’ Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic...

Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...

Things are rough right now for athletic retailers, and a rush from back-to-school shopping is unlikely to save them. Sports industry analyst Matt Powell of NPD Group previously told Benzinga that this back-to-school season was the most promotional he has seen in 20 years. Finish Line Inc (NASDAQ:...

Foot Locker, Inc. (NYSE: FL) dramatic post-second quarter marks a turning point in the athletic footwear market. The stock’s crash dominated headlines as an industry that gained lots of media attention over the past few years finally came to a head. Foot Locker’s woes certainly created...

Prior to Foot Locker, Inc. (NYSE: FL)'s devastating second-quarter report, no analysts held a particularly bearish stance toward the company. That has quickly reversed course, with Canaccord Genuity joining in on the downgrades, lowering its rating from a Buy to a Hold. “At issue is a soft...