Foot Locker (FL-N)
NYSE:FL
11.93
0.03
(0.21%) 1d
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Markets rebound, Nvidia beats3 Best Cyclical and Value ETFsRally sees rotation from tech into cyclicalsThis summary was created by AI, based on 3 opinions in the last 12 months.
Foot Locker (FL-N) has recently experienced mixed reviews regarding its performance in the market. One expert highlights a strong quarterly report indicating that the CEO's turnaround strategy is successfully revitalizing relationships with major sneaker brands like Nike, Deckers, New Balance, and Adidas. As a result, shares saw a notable increase of 5.12%. Conversely, another review points out that despite a commendable quarter just two weeks prior, the stock faced a significant downturn of 10%. Skepticism surrounding the CEO's full-year earnings forecast is driving some investors to view this as a potential buying opportunity. Additionally, one expert remains cautious, expressing reluctance to recommend the stock due to its history of poor performance, especially ahead of the upcoming report. This mixed sentiment highlights a complex picture for Foot Locker's prospects.
In late 2022, he believed too much in a CEO who couldn't turn around an awful company. The CEO had a great track record and warned the turnaround could take a long time. So, he was patient and bought a small position. A big mistake. His mistake. Hubris. A turnaround can take a very long time.
She had great faith in the new CEO whom he interviewed last March and bought a small position. The CEO came with a strong track record. He knew that turning around FL was a giant job, but it was impossible. He blew this call. FL was a flailing mall-based retailer. They reported ugly quarters in May and August, the latter reporting that sales sank 10% YOY and earnings -96% YOY. Lots of excess inventory. Awful. FL also halted their dividend, which is why many bought this stock. He was blinded by the CEO's great track record (and still believes in her), but the company had no chance for a turnaround. He should have known better.
Foot Locker(FL-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 5
Foot Locker(FL-N) Frequently Asked Questions
What is Foot Locker stock symbol?
Foot Locker is a American stock, trading under the symbol FL-N on the New York Stock Exchange (FL). It is usually referred to as NYSE:FL or FL-N
Is Foot Locker a buy or a sell?
In the last year, 5 stock analysts published opinions about FL-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Foot Locker.
Is Foot Locker a good investment or a top pick?
Foot Locker was recommended as a Top Pick by on . Read the latest stock experts ratings for Foot Locker.
Why is Foot Locker stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Foot Locker worth watching?
In the last year, there was no coverage of Foot Locker published on Stockchase.
What is Foot Locker stock price?
On 2025-04-18, Foot Locker (FL-N) stock closed at a price of $11.925.
Today, they reported a terrific quarter. The CEO's turnaround plan is taking hold as Nike repairs relations with shoe stores. So are Deckers, New Balance and Adidas. Though shares jumped 5.12% today, FL remains undervalued.