Foot Locker Inc. Stock
€27.47
Your prediction
Foot Locker Inc. Stock
Pros and Cons of Foot Locker Inc. in the next few years
Pros
Cons
Performance of Foot Locker Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Foot Locker Inc. | 0.570% | 28.330% | 27.909% | -28.118% | -21.373% | -18.717% | -44.706% |
| Tapestry Inc. | 1.320% | 7.857% | 15.267% | -17.441% | -14.156% | 25.233% | -8.123% |
| Bath & Body Works Inc. | 7.050% | 14.706% | 1.961% | -25.108% | -18.856% | -1.203% | 2.733% |
| Nordstrom Inc. | 1.480% | 8.443% | 7.815% | -22.331% | -0.147% | -38.934% | -68.545% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Foot Locker, a prominent player in the Other Specialty Retailers industry, appears to be displaying a mixed financial performance over the past few years. There are several positives and negatives that can be identified upon delving deeper into the company's financials. By examining the provided balance sheets, cash flow statements, and income statements, a more comprehensive picture of the company's standing can be assessed.
Growth in Gross Profit: Foot Locker has shown consistent growth in its gross profit over the past few years. In 2021, the company reported a gross profit of $2.18 billion, which increased to $3.08 billion in 2022. By 2023, it grew further to $2.80 billion. This indicates that the company is adept at generating profits from the merchandise it sells.
Stable Net Income: The net income of Foot Locker has been relatively stable, with a few fluctuations. Although there was a big jump from $323 million in 2021 to $893 million in 2022, it dipped to $342 million in 2023. However, given the economic uncertainties and ongoing pandemic, this performance signifies resilience in the company's financial operations.
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