Foot Locker, Inc. (FL)

58.75
NYSE
Prev Close 58.42
Day Low/High 58.08 / 59.39
52 Wk Low/High 21.02 / 59.88
Exchange NYSE
Shares Outstanding 103.28B
Market Cap 6.03B
P/E Ratio 14.95
Div & Yield N.A. (N.A)
Brexit Shouldn't Rumple U.S. Apparel Makers, Analysts Say

Brexit Shouldn't Rumple U.S. Apparel Makers, Analysts Say

The impact 'doesn't appear material' for Nike and other companies.

My Takeaways and Observations

"Takeaways" will be shorter than usual as I am trading actively in the after-hours market now. Some interesting charts. Brexit.  Brexit and the media.  Peak Housing?  Fertilizers bounce.  Markets closed on their highs. The U.S. dollar weakened. Oil ...

My Takeaways and Observations

I posted the Paddy Power odds over the last two weeks because I think they are more legit than the polls. It turned out right and fortunately it contributed to my covering a large amount of shorts late last week.   My Trade of the Week, short SPDR S...

Nike Looks Flat-Footed to Me

Piper Jaffray is reiterating it "Buy" recommendation on Nike (NKE) this morning, but I respectfully disagree. I see "Peak Sneakers" and "Peak Sports Viewership," so I remain short on sporting-goods chain Foot Locker (FL). Foot Locker is also on my "...

Jim Cramer Says in the Footwear Group, Foot Locker Is a Buy

Jim Cramer Says in the Footwear Group, Foot Locker Is a Buy

Jim Cramer thinks Foot Locker is buy, saying the stock has come down a lot. Cramer said right now he'd rather buy Foot Locker over Nike.

Today's Takeaways and Observations

I started the day with Apple (AAPL) as JPMorgan reduced the share price target from $125 to $105.    Then a sports metaphor and an interesting two-part opening missive on the markets -- here and here.  I got lucky and covered a bunch into the mornin...

Peak Department Stores and Peak Sneakers!

"Peak Department Stores" and "Peak Sneakers" continue to hold true in the market, with weakness today (again) in Foot Locker (FL) and Nordstrom (JWN). Both were down about 1% at last check.

Sharapova Mess Shows That Nike Must Change

Shoe giant should reveal details of pro athletes' endorsement deals.

Bank on a Steph Curry Outside Short: Nike

Bank on a Steph Curry Outside Short: Nike

There just doesn't seem to be any upside.

My Morning Musings

Phil (played by Bill Murray): What would you do if you were stuck in one place and every day was exactly the same, and nothing that you did mattered? Ralph: That about sums it up for me. -- Groundhog Day Wednesday was a relatively uneventful trading...

Revisiting 'Peak Sneakers' and 'Peak Sports Viewership'

Nike (NKE) has picked up a few sell-side downgrades this morning, and I continue to believe we're at "Peak Sneakers" and "Peak Sports Viewership." As such, I remain short on Foot Locker (FL), which is on my "Best Short Ideas" list.

Curry, Jordan Team Up to Lead Foot Locker Higher

Curry, Jordan Team Up to Lead Foot Locker Higher

Weekend releases from Air Jordan and Under Armour could help turn around Foot Locker's forturnes, according to analysts. 

My Takeaways and Observations

Venezuela is the new Greece.  Icahn goes for some Allergan (AGN) -- a name of mine -- but his impact is muted after missteps in the energy space and elsewhere.   Nobody likes short people,  but I grow shorter daily. (Note: We got little hands and li...

My Takeaways and Observations

Peak Housing? No follow-through from the homebuilders today. Peak Bank Stocks?  Ali Blah Blah -- aka Alibaba (BABA) -- is a downside highlight today. See my post.  Small short adds and small long adds.  I remain manifestly bearish -- but, as I have ...

Nike Slips As It Loses Sole Status

The sneaker giant is like Apollo Creed in "Rocky" -- a cocky champ that may be underestimating the competition.

My Takeaways and Observations

The day started with the challenges in the sneaker field.  Bloomberg on Goldman Sachs and Morgan Stanley analysts' Tesla (TSLA) price target hikes -- I believe (and am quoted) that these moves go against the spirit of the law.    I remember CNBC's M...

'Peak Sneakers' and 'Peak Sports Viewership'

Jim "El Capitan" Cramer writes cogently this morning about the short-term battlefield that he sees at Foot Locker (FL), Nike (NKE) and Under Armour (UA). Last week, I suggested that the "Peak Sneakers" battle would be a lengthy one, so I shorted Foo...

Cramer: Don't Judge Nike, Foot Locker and Under Armour in Short Term

Cramer: Don't Judge Nike, Foot Locker and Under Armour in Short Term

There are too many variables and too many shareholders itching to run.

My Takeaways and Observations

I started the day with what I think is an important call on defensive consumer nondurables -- Sell, Mortimer! My Trade of the Week -- short Consumer Staples Select Sector SPDR ETF (XLP) -- is an outgrowth of my opening missive.  There are new presid...

Trending Tickers: FL, HIBB, GPS, DE

Trending Tickers: FL, HIBB, GPS, DE

Sports retailers and oil prices are in the spotlight Friday afternoon. 

The Good, the Bad and the Ugly From Sports Retail Earnings Releases

Sports retail earnings are showing the impact of changing customer purchase patterns, sector volatility and discounting.

Shorting Foot Locker Amid Signs of 'Peak Sneakers'

I see another peak to add to the long list of The Many Peaks I See ... "Peak Sneakers"! I've been spending several weeks researching shoe purchases and have concluded that the lure of high-priced sneakers might finally be fading. I see multiple sign...

Jim Cramer on Foot Locker: I’m Not Crazy About Mall Stores

Jim Cramer on Foot Locker: I’m Not Crazy About Mall Stores

Jim Cramer isn't too fond of stores, like Foot Locker, which are located in shopping malls.

Opening Bell: U.S. Stocks Rise on Oil Supply Outages; Foot Locker Shares Sink

Opening Bell: U.S. Stocks Rise on Oil Supply Outages; Foot Locker Shares Sink

U.S. stocks opened higher on Friday, as supply disruptions in Canada and Nigeria have kept oil prices stable.

Doug's Morning Musings

Let's start the day today with a roundup of news and observations: The Markets I took in some of my index shorts at good prices yesterday amid four weeks of market declines. I remain in a pessimistic mode, but a practical one. Trading around positio...

U.S. Futures Rally Premarket, Close Week on High Note

U.S. Futures Rally Premarket, Close Week on High Note

Crude prices were not cooperating with the market, falling slightly in morning trading. 

What's Ahead Friday: Will Campbell Soup Satisfy Investors' Appetite?

What's Ahead Friday: Will Campbell Soup Satisfy Investors' Appetite?

In 'What's Ahead on Wall Street' for Friday May 20, we're focusing on several companies among the string of quarterly reports still trickling out.

Dick's Results Show Sports Retail Sector Has Still Got Game

Dick's Results Show Sports Retail Sector Has Still Got Game

The fall of Sports Authority may seem like a windfall for Dick's, but the company warns of short-term headwinds.

Foot Locker's Results Will Reveal What’s Next For Sneaker Sales

Foot Locker's Results Will Reveal What’s Next For Sneaker Sales

Foot Locker's earnings should provide more signs as to the extent of the slowdown in consumer spending on retail.

Jim Cramer Will be Paying Close Attention to Foot Locker’s Earnings on Friday

Jim Cramer Will be Paying Close Attention to Foot Locker’s Earnings on Friday

Jim Cramer is interested to see what Foot Locker says when it reports quarterly results on Friday, before the markets open.