Foot Locker (FL) Misses Q1 EPS by 3c

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Foot Locker (FL) PT Lowered to $77 at Baird; Following 1Q Report

May 22, 2017 9:14 AM EDT

Baird lowered its price target on Foot Locker (NYSE: FL) to $77.00 (from $85.00) while maintaining an Outperform rating. FL reported 1Q EPS of $1.36, $0.03 below consensus estimates. Comps were reported at +0.5% compared to +2.9% forecasts.

FL now projects FQ2 comps +low-single-digits and EPS flattish with 2H still seen... More

Foot Locker (FL) PT Lowered to $75 at Canaccord Genuity Following 1Q Report

May 22, 2017 7:50 AM EDT

Canaccord Genuity lowered its price target on Foot Locker (NYSE: FL) to $75.00 (from $87.00) while maintaining a Buy rating following the company's 1Q earnings report. FL reported EPS of $1.36, below $1.39 consensus estimates.

Management maintained full year EPS growth guidance of +MSD. That... More

Foot Locker (FL) PT Lowered to $64 at Cowen Following 2Q

May 19, 2017 1:18 PM EDT

Cowen lowered its price target on Foot Locker (NYSE: FL) to $64.00 (from $77.00) while maintaining a Market Perform rating. FL reported 1Q EPS of $1.36, below the consensus estimates of $1.39 and at the low-end of management's revised guide of $1.36-$1.39.

Management reiterated its outlook for... More

UPDATE: BofA/Merrill Lynch Downgrades Foot Locker (FL) to Neutral, PT to $65 on 1Q Results; 'Comps Can't Outrun the Nike Slowdown'

May 19, 2017 11:56 AM EDT

(Updated - May 19, 2017 12:11 PM EDT)

BofA/Merrill Lynch downgraded Foot Locker (NYSE: FL) from Buy to Neutral, lowering price object to $65 (from $84), following the company's first quarter earnings report.

Analyst Robert Ohmes notes the company's reported first quarter earnings and... More