Foot Locker Option Alert: Jan, 2027 $10 Puts at the Bid: 10000 vs 40251 OI

Foot Locker Option Alert: Jan, 2027 $10 Puts at the Bid: 10000 @ $1.45 vs 40251 OI; Ref=$14.395

Foot Locker Option Alert: Jan 16 $20 Puts at the Bid: 6000 vs 45297 OI

Foot Locker Option Alert: Jan 16 $20 Puts at the Bid: 6000 @ $6.3 vs 45297 OI; Ref=$14.5

Foot Locker (NYSE:FL) Bolsa

FOOT LOCKER INC

Foot Locker

Foot Locker Inc operates footwear and apparel retailer in North America, Europe, Australia, New Zealand, and Asia, and has licensed store presence in the Middle East, Europe, and Asia. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Its portfolio of brands includes Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. The company has omnichannel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It has three operating segments, North America, EMEA, and Asia Pacific.

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

CRWD

MRVL

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este miércoles: FL, CPB, CRWD, ANF y MRVL.

5 acciones en el foco este miércoles: FL, CPB, CRWD, ANF y MRVL

Foot Locker Inc

FARM LANDS OF AFRICA by Farm Lands of Africa, Inc.

Farm Lands of Africa Inc

AIM ETF Products Trust AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF

Franklin FTSE Australia ETF

Franklin FTSE Asia ex Japan ETF

Franklin Senior Loan ETF

Franklin FTSE Brazil ETF

Flaherty & Crumrine Total Return Fund Inc Common Stock

Flaherty & Crumrine Total Return Fund Inc

Franklin FTSE Canada ETF

Franklin U.S. Core Bond ETF

Federated Hermes ETF Trust Federated Hermes MDT Large Cap Core ETF

The Advisors' Inner Circle Fund II Frontier Asset U.S. Large Cap Equity ETF

Federated Hermes ETF Trust Federated Hermes MDT Large Cap Growth ETF

Franklin FTSE China ETF

Franklin Investment Grade Corporate ETF

Federated Hermes ETF Trust Federated Hermes MDT Large Cap Value ETF

Quantum Energy Corp

Fold Holdings, Inc. - Class A Common Stock

Fold Holdings Inc

Fluidra SA

Fidelity Low Duration Bond ETF

FTAC Emerald Acquisition Corp Class A

FTAC Emerald Acquisition Corp Units (1 Ord Share Class A & 1/2 War)

FOLKUP DEV INC by Folkup Dev Inc.

FRONTLINE GOLD CORP by Frontline Gold Corp.

Fidelity Low Duration Bond Factor ETF

FIELDS CORP by TSUBURAYA FIELDS HLDGS INC.

Tsuburaya Fields Holdings Inc

RiverNorth Patriot ETF

Franklin FTSE Europe ETF

AUTO PARTS 4LESS GRP INC by Auto Parts 4Less Group Inc

Auto Parts 4Less Group Inc

FLETA

Franklin FTSE Eurozone ETF

FLEETWOOD BANK CORP by Fleetwood Bank Corporation

Fleetwood Bank Corp

Flex Ltd

FEDERAL LIFE GROUP INC by Federal Life Group, Inc.

Federal Life Group Inc

BrandywineGLOBAL Global Income Opportunities Fund Inc Franklin Templeton ETF Trust Franklin FTSE France ETF

FEUTUNE LT ACQUISITION CORP RT

FEUTUNE LT ACQUISITION CORP UNIT 1 CL A COM & 1/2 RED WT EXP & 1 RT

FEUTUNE LT ACQUISITION CORP RED WT EXP

Flagstar Financial Inc

Folgory Coin

Franklin FTSE United Kingdom ETF

Flora Growth Corp

Franklin FTSE Germany ETF

Fulgent Genetics Inc

Franklin U.S. Treasury Bond ETF

FLUGHAFEN ZUERICH UNS/ADR by Flughafen Zuerich AG

Flughafen Zuerich AG

Flagstar Financial, Inc. Depositary shares, each representing a 1/40th interest in a share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock

Flagstar Financial, Inc. Bifurcated Option Note Unit SecuritiES

New York Community Capital Trust V.

Franklin FTSE Hong Kong ETF

FILAMENT HEALTH CORP by Filament Health Corp.

Filament Health Corp

Franklin High Yield Corporate ETF

Franklin International Aggregate Bond ETF

The First of Long Island Corporation - Common Stock

First of Long Island Corp

FLSMIDTH & CO A/S B SHS by FLSmidth & Co. A/S

FLSmidth & Co AS

FLSMIDTH & CO A/S S/ADR by FLSmidth & Co. A/S

Franklin FTSE India ETF

F&C INVESTMENT TRUST PLC by F&C Investment Trust Plc

BrandywineGLOBAL Global Income Opportunities Fund Inc Franklin Templeton ETF Trust Franklin FTSE Italy ETF

Q&K International Group Ltd SPONSORED ADR NEW 2023

Franklin FTSE Japan Hedged ETF

AIM ETF Products Trust AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF

Franklin FTSE Japan ETF

FALKEN INDUSTRIES LTD by Falken Industries Ltd.

Falken Industries Ltd

Franklin FTSE South Korea ETF

Full House Resorts Inc

Franklin FTSE Latin America ETF

FULLCAST HLDGS CO LTD by Fullcast Holding Co., Ltd.

Fullcast Holdings Co Ltd

FULLSHARE HLDGS LTD by Fullshare Hldgs Ltd.

Fullshare Holdings Ltd

Folli Follie Commercial Manufacturing And Technical SA

Ultra Brands Ltd

FULLWEALTH INTL GRP HLDGS by Fullwealth International Group Holdings Ltd.

Fullwealth International Group Holdings Ltd

Fellazo Corp

Flamingo

Franklin Municipal Green Bond ETF

FIRST LITHIUM MNRLS CORP by First Lithium Minerals Corp.

First Lithium Minerals Corp

Franklin Dynamic Municipal Bond ETF

Filo Mining Corp

Fielmann Group AG

FIELMANN GROUP AG U/ADR by Fielmann Group AG

FLAME SEAL PRODUCTS INC by Flame Seal Products Inc.

Flame Seal Products Inc

FULL METAL MNRLS LTD by Full Metal Minerals Ltd.

Full Metal Minerals Ltd

Franklin FTSE Mexico ETF

First Trust Latin America AlphaDEX Fund

Fluence Energy, Inc. - Class A Common Stock

Fluence Energy Inc

Freelancer Ltd

Flex LNG Ltd

Fluent Inc

Flowers Foods Inc

Flowco Holdings Inc. Class A Common Stock

Flowco Holdings Inc

FLOWERY GOLD MNS OF NEV by Flowery Gold Mines Co. of Nevada

Flowery Gold Mines Co

FLOKI - United States Dollar

FLOWER ONE HOLDINGS INC by Flower One Holdings Inc.

Flower One Holdings Inc

iShares Floating Rate Bond ETF

Foot Locker Announced That Franklin R. Bracken, Currently Executive Vice President And Chief Commercial Officer, Has Been Named To The Role Of President, Effective Immediately

WIIM

BBWI

BOOT

BURL

CHWY

CPRI

CVNA

DECK

VSCO

Shares of retail, apparel, and ecommerce stocks are trading lower amid recession worries due to uncertainty regarding tariffs and trade policy. Additionally, consumer spending is expected to be impacted, which is weighing on the industry.

Shares of Foot Locker Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) were heading south in early trading on Thursday, after the company reported <a href="https://www.benzinga.com/25/03/44138694/foot-locker-posts-q4-eps-beat-helped-by-comparable-sales-growth-and-margin-expansion">downbeat fourth-quarter sales</a>.
The results came in amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
Telsey Advisory Group On Foot Locker
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5f9ab74825a7ef0001015b59/cristina-fernandez">Analyst Cristina Fernández</a> maintained a Market Perform rating, while reducing the price target from $24 to $20.
While Foot Locker reported healthy fourth-quarter results, its 2025 guidance felt short of expectations "due to lower total sales and operating margin," Fernández said in a note. Over the past couple of years, the company has raised the sales penetration of non-Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) brands to around 40%, she added.
"Foot Locker plans $300MM in capex in 2025, including higher spending in store remodels, while some technology projects have been delayed," the analyst wrote. While modernizing stores is the right way to go, the company's progress toward the 2028 operating margin target of 8.5%-9.0% "keeps getting pushed out," she further stated.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Needham On Foot Locker
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee56ee7bf6000154d12e/tom-nikic">Analyst Tom Nikic</a> reaffirmed a Buy rating and price target of $24.
Foot Locker reported fourth-quarter comparable sales growth of 2.6%, in-line with the guidance range, while earnings of 86 cents per share came in above the guidance, Nikic said. "FL saw strength across a wide range of brands in Q4," he added.
Management guided earnings of 1.35-$1.65 per share for fiscal 2025, slightly below the consensus of $1.72 per share, the analyst stated. "Although sales in December/January were strong (both +MSD), management noted that QTD trends have been softer, with increasing macroeconomic uncertainty weighing on consumers&#8217; shopping patterns," he further wrote.
FL Price Action: Shares of Foot Locker were down 3.18% to $17.68 at the time of publication on Thursday.
Read More:  <a href="https://www.benzinga.com/general/market-summary/25/03/44160046/marvell-surpasses-ai-chip-sales-target-aims-higher-for-2026-but-stock-plunges-due-to-muted-guidance"> </a>
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/03/44160046/marvell-surpasses-ai-chip-sales-target-aims-higher-for-2026-but-stock-plunges-due-to-muted-guidance">Nike&#8217;s Getting Back To Being Nike</a></li>
</ul>
Photo: Sorbis/Shutterstock

Analyst Color

Price Target

Reiteration

Analyst Ratings

Movers

Foot Locker's Non-Nike Sales Hit 40%, Analysts Note Strong Shift

UBS analyst Jay Sole maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Neutral and lowers the price target from $22 to $21.

UBS Maintains Neutral on Foot Locker, Lowers Price Target to $21

Piper Sandler analyst Anna Andreeva maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Neutral and lowers the price target from $23 to $19.

Piper Sandler Maintains Neutral on Foot Locker, Lowers Price Target to $19

Baird analyst Jonathan Komp maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Neutral and lowers the price target from $24 to $20.

Baird Maintains Neutral on Foot Locker, Lowers Price Target to $20

Telsey Advisory Group analyst Cristina Fernandez maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Market Perform and lowers the price target from $24 to $20.

Telsey Advisory Group Maintains Market Perform on Foot Locker, Lowers Price Target to $20

Jefferies analyst Corey Tarlowe maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Hold and lowers the price target from $22 to $19.

Jefferies Maintains Hold on Foot Locker, Lowers Price Target to $19

The three major indices were mostly flat in midday trading Wednesday with the S&amp;P 500 and Nasdaq slightly under the flatline and the Dow Jones<a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44143660/howard-lutnick-says-president-definitely-thinks-theres-a-bitcoin-strategic-reserve"> up 39 points.&nbsp;</a>
Wall Street digested mixed economic data after the ISM Services PMI<a href="https://www.benzinga.com/news/econ-s/25/03/44143666/us-services-sector-unexpectedly-expands-in-february-despite-slowing-job-growth"> price index indicated</a> strong growth in the services sector, but the ADP employment report came in well below forecasts and added the fewest jobs in seven months. 
Traders awaited further <a href="https://www.benzinga.com/news/25/03/44143647/trump-considering-tariff-relief-for-mexico-canada-commerce-secretary-lutnick-says">developments on trade policy</a> after Commerce Secretary Howard Lutnick appeared on Bloomberg Television on Wednesday. Lutnick said President Donald Trump would likely make a decision on possible tariff relief for Mexico and Canada Wednesday afternoon.
Read Next: <a href="https://www.benzinga.com/news/earnings/25/03/44110273/trump-tariffs-will-raise-prices-within-days-target-ceo-says">Trump Tariffs Will Raise Prices &#8216;Within Days,&#8217; Target CEO Says</a>
The yield on the 10-year US Treasury note was at 4.23% on Wednesday, trimming declines from the morning after expansion in the services sector, reflected by the ISM PMI easing concerns on lower growth. However, yields remained near four-month lows touched earlier in the week.  The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) fell 0.24%.  
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was up 1% on Wednesday, and up nearly 5% on the week, as investors look forward to President Trump's White House crypto summit on Friday.&nbsp;
<h2 class="wp-block-heading">Wednesday's Performance In Major U.S. Indices, ETFs</h2>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1 day % chg.</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,207.74</td>
<td>-0.43%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,756.29</td>
<td>-0.38%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,470.06</td>
<td>-0.12%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,075.09</td>
<td>-0.21%</td>
</tr>
</tbody>
</table>
</figure>
According to Benzinga Pro data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was down 0.43% at $574.36. </li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was down 0.14% at $424.98. </li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;fell 0.58% to $492.67. </li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>)&nbsp;slid 0.59% to $205.22. </li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)&nbsp;was down 0.19% to $207.85. </li>
<li>The&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)&nbsp;was down 3.31% to $84.09. </li>
</ul>
<h2 class="wp-block-heading">Wednesday&#8217;s Stock Movers:&nbsp;</h2>
Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) shares plunged Wednesday after the company&#8217;s weak outlook overshadowed its <a href="https://www.benzinga.com/news/earnings/25/03/44142510/abercrombie-q4-earnings-beat-overshadowed-by-cautious-q1-outlook-stock-plunges">better-than-expected</a> fourth-quarter results. The company said it expects first-quarter EPS in the range of $1.25 to $1.45 versus the $2.01 estimate.
Stocks reacting to company earnings reports included:&nbsp;
<ul>
<li>ChargePoint Holdings, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) <a href="https://www.benzinga.com/quote/chpt" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/chpt" target="_blank" rel="noreferrer noopener"></a></li>
<li>Ross Stores, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) </li>
<li>Rigel Pharmaceuticals, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) </li>
<li>CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) &nbsp;</li>
<li>Box, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) </li>
<li>Sociedad Quimica y Minera S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) </li>
<li>AeroVironment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>)</li>
<li>Stem, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) </li>
<li>Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>)</li>
<li>Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) </li>
<li>Arbe Robotics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBE#NASDAQ">ARBE</a>) </li>
</ul>
Companies reporting after Wednesday&#8217;s closing bell include:&nbsp;
<ul>
<li>Grindr Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRND#NYSE">GRND</a>) </li>
<li>LendingTree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>) </li>
<li>MongoDB, Inc. (NAS+DAQ:MDB) </li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) </li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) </li>
<li>Zscaler, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) </li>
<li>Victorias Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) </li>
<li>Fortuna Mining Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) </li>
</ul>
Read Next:<a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying" target="_blank" rel="noreferrer noopener">&nbsp;</a>
<ul>
<li><a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying" target="_blank" rel="noreferrer noopener">Markets Tank After Trump Confirms More Tariffs: Here's What Wall Street Is Saying</a></li>
</ul>
Image: Shutterstock

Equities

Large Cap

Market Summary

Sector ETFs

Bonds

Broad U.S. Equity ETFs

Politics

Global

Tech

ETFs

General

$BTC

ARBE

AVAV

CHPT

SPDR Dow Jones Industrial Average ETF Trust

GRND

RGTI

RIGL

ROST

STEM

iShares Trust Barclays 20+ Year Treasury Bond Fund

TREE

Select Sector SPDR-Consumer Discretionary

Wall Street Awaits Trump's Tariff Decision, Digests Mixed Economic Data: What's Driving Markets Wednesday?

Needham analyst Tom Nikic reiterates Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Buy and maintains $24 price target.

Needham Reiterates Buy on Foot Locker, Maintains $24 Price Target

Telsey Advisory Group analyst Cristina Fernandez maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Market Perform and maintains $24 price target.

Telsey Advisory Group Maintains Market Perform on Foot Locker, Maintains $24 Price Target

Specialty athletic retailer&nbsp;Foot Locker Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading lower in premarket</a> on Wednesday.
The company reported a fourth-quarter sales decline of 5.8% year-on-year to $2.243 billion, missing the analyst <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44137285/foot-locker-inc-reports-fourth-quarter-2024-financial-results-issues-2025-outlook" rel="noreferrer noopener">consensus estimate of $2.322 billion.</a>
Comparable store sales increased 2.6% versus last year. Adjusted EPS of $0.86 <a href="https://www.benzinga.com/earnings">beat the analyst consensus of $0.72.</a>
The gross margin expanded 300 basis points, led by sequentially improved merchandise margin recapture trends relative to the third quarter of FY24 despite elevated promotions in the marketplace.
Selling, general and administrative expenses fell 6% Y/Y to $501 million. The operating margin was 3.6%, and operating income for the quarter jumped 148% to $82 million.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44115724/uber-and-waymo-introduce-self-driving-cars-in-austin-heres-how-it-works" rel="noreferrer noopener">Uber And Waymo Introduce Autonomous Rides In Austin: Here&#8217;s How It Works</a>
The company held $401 million in cash and equivalents as of February 1. Merchandise inventories were $1.5 billion, a 1.1% Y/Y increase.
The operating cash flow for twelve months totaled $345 million. As of&nbsp;February 1, the company operated 2,410 stores in 26 countries in&nbsp;North America,&nbsp;Europe,&nbsp;Asia,&nbsp;Australia, and&nbsp;New Zealand.
&#8220;Our return to positive comparable sales growth, gross margin expansion, and positive free cash flow in fiscal 2024 serve as proof points that our Lace Up Plan is working,&#8221; said CEO Mary Dillon.
FY25 Outlook: Foot Locker sees FY25 comparable sales growth of 1% &#8211; 2.5%. FL expects sales change of -1.0% to +0.5%. Store count to be down 4%.
The company expects adjusted FY25 EPS of $1.35 &#8211; $1.65 <a href="https://www.benzinga.com/calendars/guidance">versus the consensus of $1.77.</a>
Price Action: FL shares are trading lower by 0.40% at $17.30 in premarket at last check Wednesday. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/contracts/25/03/44077705/why-is-gorilla-technology-stock-surging-today" target="_blank" rel="noreferrer noopener">Gorilla Technology Signs $1.8B Agreement For Thailand's Energy Transformation</a></li>
</ul>
Photo by Sorbis via Shutterstock.

Guidance

Foot Locker Q4 Earnings: EPS Beat, Sales Miss, Comps Up 2.6%, Margin Expansion And More

Foot Locker Sees FY25 Adj. EPS $1.35-$1.65

Earnings Beats

Earnings Misses

Foot Locker Q4 2024 Adj. EPS $0.86 Beats $0.72 Estimate, Sales $2.243B Miss $2.322B Estimate

U.S. stock futures were advancing on Wednesday following Tuesday&#8217;s selloff. Futures of all four benchmark indices rose in premarket trading.
A trade war between major U.S. trading partners escalated on Tuesday as President Donald Trump imposed new tariffs on Canada, Mexico, and China. Canada and China swiftly retaliated with their tariffs on U.S. goods, mounting tensions and raising fears of a global economic slowdown.
During his joint address to Congress on Tuesday evening, Trump reiterated that &#8220;Tariffs are about making America rich again and making America great again. And it's happening. And it will happen rather quickly. There'll be a little disturbance, but we're okay with that.&#8221;
Meanwhile, the 10-year Treasury yield stood at 4.25%, while the two-year yield was at 3.98%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 93% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.72%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.63%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.57%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.22%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. SPY was up 0.68% to $580.80, and QQQ advanced 0.87% to $499.87, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Information technology was the only sector that was just above the flatline on Tuesday, while the market witnessed another day of fall led by financials, industrials, consumer staples, utilities, and consumer discretionary sectors. S&amp;P 500 declined 6% on Tuesday from its previous 52-week high of 6,147.43 points. 
The market erased its post-election gains after Trump confirmed a 25% levy on Canada and Mexico and an additional 10% tariff on China. He further stated during his Congress address that reciprocal tariffs will take effect April 2nd onwards.
Crowdstrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) issued a disappointing earnings forecast despite beating the fourth quarter estimates, Target Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) and Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) also tanked on weaker than estimated outlook.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.35%</td>
<td>18,285.16</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.22%</td>
<td>5,778.15</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-1.55%</td>
<td>42,520.99</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.08%</td>
<td>2,079.53</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
As the tariffs on Canada, Mexico, and additional duties on China went live, Brian Therien, investment strategist at Edward Jones said that the eventual impact on inflation could be partially offset by currency exchange rates if the U.S. dollar strengthens relative to other currencies, making imported products less expensive.
&#8220;In addition, manufacturers may not be willing or able to fully pass along tariffs to customers, narrowing profit margins, which can also help mitigate price increases. The economic effect of tariffs could also be partially offset by pro-growth policies, such as tax cuts and deregulation,&#8221; he added.
However, economist Craig Shapiro argued that U.S. attempts to raise tariffs could be counterproductive as the dollar value may decline.
&#8220;As the Trump administration elevates the trade war with tariffs, perhaps the best defense the rest of the world has against him is simply selling their U.S. assets, taking their ball and going home,&#8221; he said.
Economist Peter Schiff also bashed tariffs saying that it was not the way to rebuild America&#8217;s manufacturing base and the competitiveness of the American industry needed to be restored. According to him, it required &#8220;higher interest rates, reduced consumption, lower asset prices, and a severe recession in the short run.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tariffs are not the way to rebuild America&#39;s manufacturing base. We need to restore the competitiveness of American industry. That means massive reductions in government spending, reduced regulations, including labor laws, and increased personal savings to finance capital…
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1897094779432992984?ref_src=twsrc%5Etfw">March 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As S&amp;P 500 slid nearly 6% from its previous high on Feb. 19, Ryan Detrick of Carson Research noted that the correction was &#8220;mild&#8221;. He cited 2023 as an example and said, &#8220;it had one 5% mild correction and one 10% correction.&#8221;
&#8220;Even the best years have volatility,&#8221; said Detrick.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 is down 6.0% from the 2/19 peak, for the first 5% mild correction of the year. As great as last year was, we saw two of these. 2023 was very good also and it had one 5% mild correction and one 10% correction. Even the best years have volatility. <a href="https://t.co/POlqjLVK1V">pic.twitter.com/POlqjLVK1V</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1897125442957795438?ref_src=twsrc%5Etfw">March 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Furthermore, he reinstated confidence among investors by highlighting that Wednesday has by far been the best day of the week in 2025.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Want some good news? Tomorrow is Wednesday, which has by far been the best day of the week in 2025. Monday is really bad, proving no one likes Monday. <a href="https://t.co/w8ffKmbDvu">pic.twitter.com/w8ffKmbDvu</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1897022831550194083?ref_src=twsrc%5Etfw">March 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Wednesday:
<ul>
<li>February&#8217;s ADP employment data will be released at 8:15 a.m., ET.</li>
</ul>
<ul>
<li>The S&amp;P final U.S. services PMI for February will be out by 9:45 a.m., ET.</li>
</ul>
<ul>
<li>January&#8217;s factory orders data and February&#8217;s ISM services data will be announced at 10:00 a.m., ET.</li>
</ul>
<ul>
<li>Fed Beige Book will be released at 2:00 p.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Foot Locker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) was up 1.61% in the premarket on Wednesday ahead of its earnings, which will be released after the opening bell. Analysts expect it to report earnings of 72 cents per share on revenue of $2.32 billion</li>
</ul>
<ul>
<li>Campbell&#8217;s Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) was 0.82% lower as Wall Street expects it to report quarterly earnings of 72 cents per share on revenue of $2.74 billion before the opening bell.</li>
</ul>
<ul>
<li>Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) advanced 2.69% ahead of its earnings, which will be released after the opening bell. Analysts expect it to report earnings of $3.52 per share on revenue of $1.56 billion.</li>
</ul>
<ul>
<li>Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) rose 2.31% as Wall Street expects it to report quarterly earnings of 59 cents per share on revenue of $1.80 billion after the closing bell.</li>
</ul>
<ul>
<li>Crowdstrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) slipped 8.24% as it said it expects first-quarter revenue to be between $1.1 billion and $1.106 billion versus estimates of $1.106 billion.</li>
</ul>
<ul>
<li>ARB IOT Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) zoomed 73.31% after bagging a $45 million AI data center order.</li>
</ul>
<ul>
<li>Diamondrock Hospitality Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRH#NYSE">DRH</a>) was 2.34% higher as it boosted quarterly dividend to $0.08 per share, payable April 11th to shareholders with a record date on March 28th. This represents a 3.95% yield, up from the previous dividend of $0.03.</li>
</ul>
<ul>
<li>ReTo Eco-Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RETO#NASDAQ">RETO</a>) plummeted 29.92% after it said that it will enact a 10-to-1 reverse stock split on March 7, aiming to boost its share price and maintain its Nasdaq listing. This will reduce outstanding shares from 19.3 million to approximately 1.9 million.</li>
</ul>
<ul>
<li>Wearable Devices Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLDS#NASDAQ">WLDS</a>) surged 17.35% as it will be showcasing its Mudra Link, a neural sensing wristband enabling gesture control across multiple platforms, at MWC Barcelona 2025.</li>
</ul>
<ul>
<li>AeroVironment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) tanked 20.01% after issuing disappointing full-year guidance, falling short of analyst expectations for both earnings and revenue. Fiscal third-quarter results also missed estimates.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 1.48% to hover around $67.25 per barrel.
The gold spot index was down by 0.04% to $2,916.72 per ounce. Its last record high was at $2,956.37 per ounce. The Dollar Index was down 0.75% at the 104.955 level.
Asian markets closed higher on Wednesday except Australia's ASX 200 index. India's S&amp;P BSE Sensex, China's CSI 300, South Korea's Kospi, Japan's Nikkei 225, and Hong Kong's Hang Seng index advanced. European markets were also higher in trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/03/44135177/trump-seeks-to-end-chips-act-who-stands-to-lose-heres-a-list-of-beneficiaries-that-could-be-affected">Trump Seeks To End CHIPS Act: Who Stands To Lose? Here&#8217;s A List Of Beneficiaries That Could Be Affected</a></li>
</ul>
Photo courtesy: Shutterstock

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:03 AMMar 28, 2025	PUT	$10.00	Jan 15, 2027	652	10002	10000	25	40251	TRADE	BEARISH
10:44 AMMar 28, 2025	PUT	$20.00	Jan 16, 2026	288	6000	6000	13	45297	TRADE	NEUTRAL

Comments

Foot Locker

Unusual Options Activity for

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL