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Foot Locker

24.06

+0.11000.46%

Post-market: 24.080.0200+0.08%19:38 EDT

Volume:4.86M

Turnover:116.68M

Market Cap:2.29B

PE:-6.36

High:24.07

Open:23.95

Low:23.91

Close:23.95

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Overview Company News Filings

Dick's Sporting Goods Shares Tumble As Analysts Question Foot Locker Deal, Note Past Failed Retail Mergers

Dick's Sporting Goods to Acquire Foot Locker in Major Merger Agreement

Small U.S. Stocks Rise; Foot Locker Leads Increases

Foot Locker Is Maintained at Market Perform by Telsey Advisory Group

Dick's Foot Locker Deal Has Loop Capital 'Scratching Our Heads' -- Market Talk

Top Midday Gainers

MT Newswires Live

Tariffs Seen As Accelerating Footwear Acquisitions -- Market Talk

Cautious Optimism: Analyzing Foot Locker’s Acquisition by DKS and Future Prospects

Foot Locker Cut to Hold From Buy by Needham

BREAKINGVIEWS-Foot Locker deal calls for some fancy footwork

Foot Locker Raised to Neutral From Underweight by JP Morgan

Top Midday Stories: Walmart to Raise Prices Due to Tariffs; UnitedHealth Under DOJ Investigation Over Possible Medicare Fraud

MT Newswires Live

JPMorgan Upgrades Foot Locker to Neutral From Underweight, Price Target is $24

MT Newswires Live

Needham downgrades Foot Locker (FL) to a Hold

Foot Locker downgraded to Hold from Buy at Needham

Dick’s Sporting Goods Stock (DKS) Plunges 15% as Investors Assess Foot Locker Acquisition

Foot Locker Inc : Needham Cuts to Hold From Buy

THOMSON REUTERS

Foot Locker Inc : JP Morgan Raises to Neutral From Underweight; Raises Target Price to $24 From $16

THOMSON REUTERS

Nike Likely to Benefit if Dick's-Foot Locker Deal Goes Well -- Market Talk

Deere Posts Upbeat Earnings, Joins Foot Locker, Boot Barn, Cisco And Other Big Stocks Moving Higher On Thursday

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Under the terms of the agreement, Foot Locker will become a wholly owned subsidiary of Dick's. Shareholders of Foot Locker will have the option to receive either $24.00 per share in cash or 0.1168 shares of Dick's common stock for each share of Foot Locker common stock they hold. This transaction is part of Dick's strategic move to expand its footprint in the sporting goods market. The merger is expected to close following the satisfaction of customary closing conditions, including the approval of Foot Locker's shareholders and necessary regulatory clearances.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dick's Sporting Good","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL5M8kGC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4585","BK4200","LU1988902786.USD","LU2264538146.SGD","FL","DKS","BK4094","LU1064131342.USD"],"gpt_icon":1},{"id":"2535634808","title":"Small U.S. Stocks Rise; Foot Locker Leads Increases","url":"https://stock-news.laohu8.com/highlight/detail?id=2535634808","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535634808?lang=en_us&edition=fundamental","pubTime":"2025-05-16 04:20","pubTimestamp":1747340400,"startTime":"0","endTime":"0","summary":"This article was automatically generated using Dow Jones technology.Shares of small-cap companies increased Thursday, as the Russell 2000 Index added 0.5%, and the S&P Small Cap 600 Index was up 0.6%.Among companies with a market value of $1 billion to $6.7 billion, Foot Locker Inc. was the best performer during the session, surging 86%, followed by DigitalBridge Group Inc., which surged 24%. Ibotta Inc. shares jumped 20%, GRAIL Inc. jumped 19%, and shares of NV5 Global Inc. surged 18%.New Fortress Energy LLC Cl A was the biggest laggard, dropping 63%, followed by shares of Shoals Technologies Group Inc., which dropped 25%. Shares of Biohaven Ltd. dropped 20%, Webull Corp. Cl A shares plunged 9.1%, and Baytex Energy Corp. tumbled 8.8%.Major U.S. stock indexes finished mixed Thursday as the Nasdaq Composite Index declined 0.2%. Meanwhile, the S&P 500 Index added 0.4%, and the Dow Jones Industrial Average increased 0.6%.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","FL","BK4094","BK4588"],"gpt_icon":1},{"id":"2535487182","title":"Foot Locker Is Maintained at Market Perform by Telsey Advisory Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2535487182","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535487182?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:57","pubTimestamp":1747331820,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/FL/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 13:57 ET (17:57 GMT)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"205b123e25eaf7a23c2e52c4ec68e4d9","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FL","BK4585","BK4094","BK4588"],"gpt_icon":0},{"id":"2535587979","title":"Dick's Foot Locker Deal Has Loop Capital 'Scratching Our Heads' -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2535587979","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535587979?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:50","pubTimestamp":1747331400,"startTime":"0","endTime":"0","summary":"1350 ET - Dick's Sporting Goods deal for Foot Locker is confusing Loop Capital for a number of reasons. \"To be blunt, we are scratching our heads... particularly given the uncertain current U.S. macroeconomic environment, a potential U.S./China trade war, and Foot Locker's continued struggles,\" says managing director Anthony Chukumba. Further puzzling the deal's logic, he adds, is Dick's bullish outlook on its House of Sport and 50,000 square foot next generation store concepts. Chukumba says the only silver linings are the greater leverage Dick's will have with large athletic footwear and apparel manufacturers and the fairly reasonable price--$2.4 billion--it's paying. Dick's Sporting Goods slides 14% to $179.74, while Foot Locker surges 85% to $23.78. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"205b123e25eaf7a23c2e52c4ec68e4d9","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FL","DKS","LU1988902786.USD","BK4588","BK4200","LU1064131342.USD","BK4094","BK4585","LU2264538146.SGD"],"gpt_icon":1},{"id":"2535879239","title":"Top Midday Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2535879239","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535879239?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:46","pubTimestamp":1747331162,"startTime":"0","endTime":"0","summary":"Click  said Thursday it struck a cooperation deal with Flash Mutual Technology to promote a 24-hour instant device service for senior citizens in Hong Kong.Shares jumped 157% as intraday trading volume catapulted to over 442 million from a daily average of about 2.47 million.Dick's Sporting Goods  agreed to acquire Foot Locker  in a deal that implies an equity value of $2.4 billion and an enterprise value of $2.5 billion, the companies said.Shares of Foot Locker soared 85% as trading volume surged to more than 68 million from a daily average of about 4.67 million.Cisco Systems  delivered a strong fiscal Q3 with order growth solid across the board, BofA Securities said in a note. BofA kept its buy rating with a $76 price objective.Shares rose 6% as intraday trading volume advanced to more than 41.5 million from a daily average of some 23.1 million.Price: 0.72, Change: +0.44, Percent Change: +155.71","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CSCO","FL","DKS","LU2237443622.USD","IE00B3PB1722.GBP","CLIK","BK4130","IE00BSNM7G36.USD","LU1599440770.SGD","LU1244550494.USD","LU1066051498.USD","BK4534","LU0950375773.USD","LU1894683264.USD","LU1267930813.SGD","IE00BVYPNV92.GBP","LU1506573853.SGD","LU0203347892.USD","LU1571399168.USD","IE00B42XCP33.USD","SG9999015978.USD","IE00BKVL7J92.USD","LU1235294995.USD","LU2237443978.SGD","LU2506951875.HKD","LU0348723411.USD","LU1430594728.SGD","LU1066053197.SGD","BK4581","BK4020","BK4585","LU2506952097.USD","IE00BFMHRM44.USD","LU0234570918.USD","LU2506952170.USD","LU2237443895.HKD","BK4200","LU0731783394.SGD","LU0823417737.USD","BK4515","LU1244550577.SGD","LU1894683348.USD","LU1244550221.USD","LU2237443465.HKD","LU0942090050.USD","IE00BVYPNW00.USD","LU1064131342.USD","SG9999001424.SGD","IE00BDGV0183.EUR","LU0868494708.USD"],"gpt_icon":1},{"id":"2535879430","title":"Tariffs Seen As Accelerating Footwear Acquisitions -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2535879430","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535879430?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:41","pubTimestamp":1747330860,"startTime":"0","endTime":"0","summary":"1341 ET - The acquisitions of Skechers and Foot Locker may have happened more quickly due to tariff pressure on footwear stocks, Piper Sandler analyst Anna Andreeva tells WSJ. While these separate deals--both announced this month--appear to have been in the works before President Trump took office, tariffs may have bumped up timelines as shoe companies saw their stocks plummet. The group of shoe companies Andreeva covers are down overall about 20% this year, even since tariffs were lowered, as the brands rely heavily on Asian countries for manufacturing. \"The stock sell-off probably exacerbated some of these moves,\" Andreeva says. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FL","SKX","UA"],"gpt_icon":1},{"id":"2535087914","title":"Cautious Optimism: Analyzing Foot Locker’s Acquisition by DKS and Future Prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=2535087914","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535087914?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:15","pubTimestamp":1747329312,"startTime":"0","endTime":"0","summary":"In a report released today, Alexandra Straton from Morgan Stanley upgraded Foot Locker (FL – Research Report) to a Hold, with a price target of $24...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ratings/cautious-optimism-analyzing-foot-lockers-acquisition-by-dks-and-future-prospects?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ratings/cautious-optimism-analyzing-foot-lockers-acquisition-by-dks-and-future-prospects?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0795875086.SGD","LU1989772923.USD","LU1989772840.SGD","LU1988902786.USD","LU0006306889.USD","LU1363072403.SGD","BK4588","LU0106261372.USD","LU1074936037.SGD","LU2264538146.SGD","LU2347655156.SGD","LU2023251221.USD","LU2271345857.HKD","LU0106831901.USD","LU1064131342.USD","LU1732799900.SGD","BK4516","LU1720051017.SGD","BK4200","LU2089284900.SGD","LU0795875169.SGD","LU0971096721.USD","LU2089283258.USD","LU2357305700.SGD","BK4534","LU2028103732.USD","IE00BZ1G4Q59.USD","LU0225283273.USD","LU1720051108.HKD","LU2133065610.SGD","BK4504","LU2111349929.HKD","BK4585","LU0098860793.USD","FL","DKS","LU0267386448.USD","LU0158827781.USD","LU1162221912.USD","LU1548497426.USD","LU1668664300.SGD","LU1732800096.USD","LU0314104364.USD","BK4094","BK4127","LU0912757837.SGD","LU0158827948.USD","BK4581","LU0320765646.SGD","IE00BKVL7J92.USD"],"gpt_icon":0},{"id":"2535387623","title":"Foot Locker Cut to Hold From Buy by Needham","url":"https://stock-news.laohu8.com/highlight/detail?id=2535387623","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535387623?lang=en_us&edition=fundamental","pubTime":"2025-05-16 01:03","pubTimestamp":1747328580,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/FL/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 13:03 ET (17:03 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4094","BK4585","FL"],"gpt_icon":0},{"id":"2535875503","title":"BREAKINGVIEWS-Foot Locker deal calls for some fancy footwork","url":"https://stock-news.laohu8.com/highlight/detail?id=2535875503","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535875503?lang=en_us&edition=fundamental","pubTime":"2025-05-16 00:25","pubTimestamp":1747326339,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-Foot Locker deal calls for some fancy footworkThe author is a Reuters Breakingviews columnist.  The opinions expressed are his own.By Sebastian  Pellejero","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nL4N3RN1CF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2237443549.SGD","IE00B19Z3581.USD","LU2471134796.USD","LU0742534661.SGD","BK4094","DKS","BK4585","LU1868837300.USD","LU0061475181.USD","IE00B19Z3B42.SGD","IE00BFXG1179.USD","BK4588","LU1868837136.USD","IE00BSNM7G36.USD","LU2471134523.USD","BK4533","BK4516","BK4200","LU0096364046.USD","LU2750360997.AUD","LU1668664300.SGD","LU1064131342.USD","LU0106831901.USD","BK4550","LU2237443978.SGD","LU0048573561.USD","BK4127","BK4504","LU2237443382.USD","IE0004086264.USD","BK4552","LU1791807156.HKD","LU1868836591.USD","LU1868836757.USD","EVR","LU2264538146.SGD","LU2471134879.HKD","LU1988902786.USD","LU2237438978.USD","LU2750360641.GBP","IE0004091025.USD","IE0002270589.USD","LU1868836914.USD","IE0034235188.USD","FL","LU0251142724.SGD","LU2237443622.USD","LU2237443895.HKD","LU0251131958.USD","LU2471134952.CNY"],"gpt_icon":0},{"id":"2535875343","title":"Foot Locker Raised to Neutral From Underweight by JP Morgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2535875343","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535875343?lang=en_us&edition=fundamental","pubTime":"2025-05-16 00:22","pubTimestamp":1747326120,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/FL/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 12:22 ET (16:22 GMT)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FL"],"gpt_icon":0},{"id":"2535878889","title":"Top Midday Stories: Walmart to Raise Prices Due to Tariffs; 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The company’s shares opened toda...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/needham-downgrades-foot-locker-fl-to-a-hold-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/needham-downgrades-foot-locker-fl-to-a-hold-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FL"],"gpt_icon":0},{"id":"2535878395","title":"Foot Locker downgraded to Hold from Buy at Needham","url":"https://stock-news.laohu8.com/highlight/detail?id=2535878395","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535878395?lang=en_us&edition=fundamental","pubTime":"2025-05-15 23:25","pubTimestamp":1747322744,"startTime":"0","endTime":"0","summary":"Needham downgraded Foot Locker (FL) to Hold from Buy with a $24 price target after Dick’s Sporting Goods (DKS) agreed to acquire Foot Locker for an...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/foot-locker-downgraded-to-hold-from-buy-at-needham?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/foot-locker-downgraded-to-hold-from-buy-at-needham?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FL"],"gpt_icon":0},{"id":"2535987858","title":"Dick’s Sporting Goods Stock (DKS) Plunges 15% as Investors Assess Foot Locker Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=2535987858","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535987858?lang=en_us&edition=fundamental","pubTime":"2025-05-15 23:23","pubTimestamp":1747322629,"startTime":"0","endTime":"0","summary":"Consolidation is sweeping the industry.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/dicks-sporting-goods-stock-dks-plunges-15-as-investors-assess-foot-locker-acquisition?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/dicks-sporting-goods-stock-dks-plunges-15-as-investors-assess-foot-locker-acquisition?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4094","LU2264538146.SGD","LU1064131342.USD","LU1988902786.USD","DKS","BK4585","FL","BK4211","BK4200","BK4588","ISBC"],"gpt_icon":0},{"id":"2535820823","title":"Foot Locker Inc : Needham Cuts to Hold From Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2535820823","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535820823?lang=en_us&edition=fundamental","pubTime":"2025-05-15 23:17","pubTimestamp":1747322240,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nFWN3RN3AW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4588","BK4585","BK4094","FL"],"gpt_icon":0},{"id":"2535827621","title":"Foot Locker Inc : JP Morgan Raises to Neutral From Underweight; 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Nike has a strong relationship with both companies: it leads footwear sales at Dick's, accounting for 28% of its business, and represents over half of Foot Locker's sales, according to the analysts. A consolidation could build Nike's retail presence and brand consistency, they say. Given Dick's strong management and efficiency, the analysts believe it will improve the way Foot Locker is run, which in turn could help reinforce Nike's distribution strategy and solidify its position in athletic retail. 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