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Foot Locker, Inc.

5/19/2013, 7:18 AM ET

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Thursday, May 16, 12:58 PM Analyst love for Foot Locker (FL +0.2%): UBS pegs Foot Locker as an attractive specialty retail stock, citing the sports apparel seller's potential for double-digit EPS growth and with shares yielding a respectable 2.2%. Janney Capital Markets says channel checks look positive for Foot Locker and notes recent industry sales tracking shows that the total athletic foot wear category is growing sales at a brisk 10.9% clip. The acquisition of Runners Point also sets the company up nicely in Europe. Comment! [Consumer]
Wednesday, May 15, 6:25 PM Foot Locker (FL) declares $0.20/share quarterly dividend, in line with previous. Forward yield 2.19%. For shareholders of record July 19. Payable Aug 02. Ex-div date July 17. (PR) Comment! [Dividends]
Wednesday, May 8, 11:24 AM Foot Locker (FL -0.6%) says it has agreed to purchase German athletic store Runners Point Warenhandelsges for $94M. The acquisition appears to be a bid by the company to increase its presence in Germany and leverage online opportunities. Comment! [Consumer, On the Move]
Friday, May 3, 2:49 PM Athletic shoes in focus: Analysts think the strong quarter in North America by Adidas (PMMAF.PK) confirms that demand for athletic shoes is outpacing other retail categories. Nike (NKE +2%), Foot Locker (FL +0.9%), and Finish Line (FINL +3.1%) could surprise to the upside as new lines sell well and a shift in the product mix toward higher-margin basketball shoes helps boosts results - while don't count out Dick's Sporting Goods (DKS +2%) and Under Armour (UA +0.9%) to also catch some of the action. Comment! [Consumer]
Monday, March 11, 7:53 AM Sterne Agee's Sam Poser recommends buying Foot Locker (FL) after shares fell off following the company's disappointing Q4 results . The analyst thinks the retailer's margins will improve and notes valuation levels are attractive. Comment! [Consumer]
Friday, March 8, 10:48 AM Under Armour (UA -2.1%) and Nike (NKE -0.8%) trade relatively weak after Foot Locker's (FL -7.5%) earnings report doesn't quite meet elevated expectations. Though the company's 2013 guidance also didn't dazzle, retail analyst Rahul Sharma thinks flat inventory at Foot Locker bodes well for the sporting goods sector. Comment! [Consumer, On the Move]
Friday, March 8, 9:15 AM Shares of Foot Locker (FL) fall 2.9% premarket after its Q4 report disappoints investors. It's not so much what was said - a narrow beat on both lines - but what wasn't said with meaningful guidance from the company lacking. Comment! [Consumer, On the Move]
Friday, March 8, 7:10 AM More on Foot Locker's (FL) FQ4: Comparable-store sales increased 7.9% with an extra week in the period a factor. SG&A expenses were up 12% to $363M, a slightly slower pace than total sales rose. Total store count at the end of the quarter was 3,335 - down 34 from a year ago. (PR) Comment! [Consumer, Earnings]
Friday, March 8, 7:02 AM Foot Locker (FL): Q4 EPS of $0.73 beats by $0.01. Revenue of $1.71B beats by $0.02B. (PR) Comment! [Earnings, Breaking News]
Friday, March 8, 12:05 AM Notable earnings before Friday’s open: ANN, ARCO, FL, FSYS, MEA Comment! [Earnings]
Thursday, March 7, 5:30 PM Notable earnings before Friday’s open: ANN, ARCO, FL, FSYS, MEA Comment! [Earnings]
Thursday, February 21, 9:05 AM Goldman Sachs tips Foot Locker (FL) to see a positive Q4 report and thinks shares will outperform in 2013. Though the running category is weakening, basketball is more than offsetting the dip. FL +0.7% premarket after the company boosted its dividend and approved a new $600M share repurchase program last night. Comment! [Consumer, On the Move]
Monday, January 28, 10:22 AM The National Retail Federation forecasts 2013 retail sales will increase at a rate of 3.4%, lower than the 4.2% rise seen in 2012. Consumer attitudes will be influenced by higher payroll taxes and the ongoing fiscal cliff drama before improving in the second half of the year, according to the trade group. Retailers with strong online businesses should be able to ride out the moderate growth period adequately with online sales forecast to rise between 9% and 12% for the year. 9 Comments [Consumer]
Friday, January 4, 8:24 AM Athletic shoe sellers are on watch after Finish Line (FINL) puts in a disappointing quarter and warns on changing trends in the sector. Is the era of +$200 basketball shoes over? Premarket: FINL -7.9%, FL -2.1%, DKS -0.9%. Comment! [Consumer, On the Move]
Friday, December 21, 2012, 8:43 AM Analysts think Nike's (NKE) strong sales performance in North America FQ2 bodes well for Foot Locker (FL), Finish Line (FINL), and Dick's Sporting Goods (DKS). Demand for running shoes helped the company see a 17% Y/Y jump in revenue on the continent. Comment! [Consumer]
Friday, November 16, 2012, 8:32 AM Retail done right? Hedgeye's Brian McGough notes Foot Locker's (FL) most recent quarterly report (I, II) added to its 3-year string of showing positive margins and sales growth that outpaced inventories. FL +5.9% premarket. Comment! [Consumer, On the Move]