Market Currents

• Monday, November 23, 2009

• 15:29 PM After continuing negative same-store sales at Foot Locker (FL -2.4%), S&P downgrades the company to B+, expecting "ongoing performance difficulty." 2 Comments

• Thursday, November 19, 2009

• 16:50 PM Foot Locker (FL): Q3 adjusted EPS of $0.10 misses by $0.03. Revenue of $1.2B (-7%) in-line. Same-store sales down 8.2%. Sales in U.S. lower than anticipated; sales trend improvement in Europe and continuing sales gains in Asia/Pacific. Shares -7% AH. (PR) Comment!
• 00:10 AM Notable postmarket earnings: DELL, DBRN, FL, GPS, INTU, WTSLA Comment!

• Thursday, August 20, 2009

• 17:03 PM Foot Locker (FL): Q2 EPS of $0.00 misses by $0.07. Revenue of $1.1B (-16%) vs. $1.2B. (PR) Comment!
• 00:10 AM Notable earnings after Thursday's close: ARO, BRCD, CRM, FL, GPS, INTU, WTSLA Comment!

• Sunday, July 5, 2009

• 02:00 AM Foot Locker (FL) may have been tripped up by a fashion shift away from sneakers and the slowdown in consumer spending, but Barron's Christopher C. Williams says the company is finding its footing once again. Comment!

• Monday, June 29, 2009

• 15:28 PM Odd call, Barron's says of Morgan Stanley's upgrading J.C. Penney (JCP +2.3%) to Overweight, given that highly-regarded President and Chief Merchandising Officer Ken Hicks surprised investors Thursday by saying he's leaving JCP to join Foot Locker (FL). Barron's take: avoid the stock. Comment!

• Thursday, May 21, 2009

• 16:33 PM Foot Locker (FL): Q1 EPS of $0.20 beats by $0.07. Revenue of $1.2B (-7.1%) in-line. Shares +5.6% AH. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: ARO, ALKS, ARUN, ADSK, BRCD, CRM, DBRN, EXM, FL, GPS, LDK, PSUN, ZUMZ Comment!
• 00:10 AM Notable earnings after Thursday's close: ARO, ALKS, ARUN, ADSK, BRCD, CRM, DBRN, EXM, FL, GPS, LDK, PSUN, ZUMZ Comment!

• Tuesday, April 28, 2009

• 08:54 AM After nearly a decade at the helm, Foot Locker (FL) CEO Matt Serra is on his way out, NY Post says. Comment!

• Thursday, March 5, 2009

• 08:02 AM Foot Locker (FL): Q4 EPS of $0.24 beats by $0.08. Revenue of $1.32B vs. $1.37B. Shares -3.7% AH. (PR) (-from Wed. evening) Comment!

• Wednesday, March 4, 2009

• 00:10 AM Notable earnings after Wednesday's close: DAR, FL, PETM Comment!

• Thursday, November 20, 2008

• 18:09 PM Foot Locker (FL): Q3 EPS of $0.18 misses by $0.07. Revenue of $1.31B (-3.5%) in-line. Sees 2009 EPS of $0.50-0.63 vs. $0.82. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: ADSK, BRCD, CRM, DELL, FL, GPS Comment!
• 00:10 AM Notable earnings after Thursday's close: ADSK, BRCD, CRM, DELL, FL, GPS Comment!