Foot Locker's Non-Nike Sales Hit 40%, Analysts Note Strong Shift
1. Foot Locker shares fell 3.18% after reporting weak fourth-quarter sales. 2. Telsey cut Foot Locker's price target from $24 to $20 due to disappointing guidance. 3. Needham maintained a Buy rating, showing some analyst support amid challenges. 4. Management's 2025 earnings guidance is slightly below consensus expectations. 5. Macroeconomic uncertainty is affecting consumer shopping habits, impacting sales.