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Currently, the analyst consensus on Foot Locker Inc is a Moderate Buy with an average price target of $70.86, a 25.0% upside from current levels. In a report issued on May 8, Guggenheim also reiterated a Buy rating on the stock with a $75 price target.
Based on Foot Locker Inc’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $2.27 billion and net profit of $158 million. In comparison, last year the company earned revenue of $2.03 billion and had a net profit of $165 million.
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Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands.