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Foot Locker

 

Buy Foot Locker stocks

FOOT LOCKER (FL) Stocks

ABOUT FOOT LOCKER

? Foot Locker, Inc., an American sports- and footwear retailer, was incorporated on April 7, 1989 and has its headquarters in Midtown Manhattan, New York City. The company operates the “Foot Locker” chain of athletic footwear retail outlets that include its Kids Foot Locker and Lady Foot Locker stores. It also operates other athletic-based divisions such as Champs Sports, Footaction USA, House of Hoops, as well as Eastbay/Footlocker.com that owns the right to Final-Score.

The company was established in 1974 and founded as a separate company in 1988. It is the successor corporation to the F.W. Woolworth Company. Many of its independent stores were former Kinney Shoes and Woolworth’s locations. Foot Locker, Inc. is famous for its employee’s uniforms that resemble referee attire. At the beginning of 2017, the company operated approximately 3 363 mall-based stores in the United States, Canada, Europe, Australia and New Zealand.

Foot Locker, Inc. also operates franchised stores in Germany under the Runners Point banner. Its other franchised stores are located in the Middle East and the Republic of Korea. The company gets approximately 70% of its merchandise from Nike.

Foot Locker Inc. operates in 28 countries worldwide. Today, the company employs more than 32 000 people across its global operations.

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HISTORY OF FOOT LOCKER

  • Foot Locker, Inc. conducts its global operations through two primary segments: Athletic Stores and Direct-to-Customers.
  • The Athletic Stores segment comprises businesses such as Kids Foot Locker, Foot Locker, Lady Foot Locker, Champs Sports, Runners Point, Footaction, Sidestep and SIX:02. The company caters to the sneaker aficionado and offers footwear and apparel manufactured by leading athletic brands. As of the beginning of 2017, the company managed 217 House of Hoops outlets that stock brands such as Nike and Jordan; 15 Puma Labs that sell Puma’s footwear and apparel, and on Adidas Foundation. These stores are located in the U.S., Puerto Rico, the Virgin Islands, Guam, Canada, Europe, Australia and New Zealand.
  • The company’s multi-branded Direct-to-Customers segment focuses on direct sales through Internet, mobile sites and catalogs. This segment operates websites such as eastbay.com final-score.com, east bayteamsales.com and sp24.com.
  • Its websites, both desktop and mobile, are aligned with the brand names of its store banners. These sites offer a wide portfolio of shoes and apparel and provide a seamless link between the physical stores and e-commerce.

VISION & VALUES OF FOOT LOCKER

  • Foot Locker, Inc. is passionate about fuel a shared passion for self-expression among its clientele. The company’s vision is to create unrivaled life experiences for consumers.
  • The company maintains growth by leveraging the power of its people, embracing adversity, acting responsibly in all of its operations and adhering to sound business principles. The company continues to build on this strong foundation, adding value for shareholders who purchase company shares.

MARKET PERFORMANCE OF FOOT LOCKER

  • Foot Locker, Inc.trades on the New York Stock Exchange (NYSE) under the stock symbol “FL”.
  • The company’s sound performance in the market affords shareholders the confidence to buy or sell company shares in the expectation of sound dividends and returns.
  • Its net income for the first quarter of 2019 was USUS Dollar 172 million, or US Dollar 1.52 per share, compared to USUS Dollar 165 million, or US Dollar 1.38 per share over the corresponding prior-year period. Its comparable-store sales also increased to 4.6%.

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LATEST NEWS FOOT LOCKER

Buy FOOT LOCKER stocks / shares – A Step by Step Guide how to Buy / Purchase FOOT LOCKER Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy FOOT LOCKER Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN FOOT LOCKER STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE FOOT LOCKER STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of FOOT LOCKER stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy FOOT LOCKER stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

Read more about : FLOWSERVE STOCKS

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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