SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt in 2013 and is headquartered in Menlo Park, CA.

Robinhood Markets Inc - Ordinary Shares - Class A

Robinhood Markets Inc

Robinhood shares are facing significant volatility following a mixed quarterly report where crypto-related headwinds and higher operating expenses overshadowed growth in prediction markets and subscription services. Community sentiment is deeply divided, with some investors viewing the pullback as a buying opportunity in a diversifying financial platform, while others remain skeptical due to past retail controversies and the stock's sensitivity to crypto market cycles.

Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.

Critical Metals Corp.

Critical Metals Corp. is trending as investors react to an $835 million merger agreement to acquire European Lithium and consolidate 100% ownership of the Tanbreez rare earth project. The community is focused on the potential for reduced dilution, improved institutional appeal, and upcoming operational milestones like the pilot plant launch amid broader discussions of critical mineral supply security.

Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.  The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden.  The LTC token is used for settling global payments, executing microtransactions through smaller units called litoshis, and diversifying digital portfolios with a highly liquid asset. New tokens are issued to miners as rewards for verifying blocks, though these rewards undergo a halving event approximately every four years to strictly control inflation. This process ensures the ledger maintains immutability, meaning records cannot be changed once they are saved to the global network.  Created by former Google engineer Charlie Lee, the project is supported by the Litecoin Foundation, a non-profit organization dedicated to ecosystem adoption. Unlike many venture-backed projects, it is maintained by a decentralized community of independent developers and a global network of miners. The project has seen recent institutional adoption, with entities like Lite Strategy and Luxxfolio Holdings adding significant amounts of LTC to their corporate treasuries as of late 2025.

Litecoin

Litecoin is currently capturing significant market attention following the launch of its LitVM testnet, which integrates smart contract functionality and DeFi capabilities into its ecosystem. While some in the community remain focused on long-term accumulation and the network's consistent utility, others are actively debating price volatility and how this technical upgrade will impact Litecoin's market competitiveness.

Seagate Technology Holdings Plc operates as holding company that is engaged in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. The firm offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded in 1978 and is headquartered in Fremont, CA.

Seagate Technology Holdings Plc

Seagate Technology is trending following a record-breaking earnings report and a significant upward guidance revision, which investors are viewing as confirmation of an AI-driven supercycle for mass-capacity storage. The community is actively debating whether the surge reflects sustainable structural growth driven by data center demand or if the stock is reaching overbought territory after its substantial year-to-date rally.

Sandisk Corp. engages in the development, manufacture, and provision of storage devices and solutions based on NAND flash technology. Its products include solid state drives, memory cards, and USB flash drives. The company was founded on February 5, 2024 and is headquartered in Milpitas, CA.

Sandisk Corp

SanDisk is experiencing massive institutional interest and retail FOMO as the stock hits all-time highs on the back of a structural AI-driven supercycle in NAND memory demand. Traders are intensely focused on the upcoming earnings report, with community sentiment split between expectations for a continued massive 'beat and raise' trajectory and warnings that the stock is becoming a crowded, overvalued target for a potential post-earnings rug-pull.

SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. It operates through the following segments: Lending, Technology Platform, and Financial Services. The Lending segment offers personal loans, student loans, home loan products, and related servicing activities. The Technology Platform segment focuses on technology products and solutions revenue. The Financial Services segment includes the SoFi Money product, SoFi Invest product, SoFi Credit Card product, SoFi Relay personal finance management product, and other financial services. The company was founded in April 2011 and is headquartered in San Francisco, CA.

SoFi Technologies Inc

SoFi Technologies is experiencing heavy trading volume and heightened volatility as investors position themselves ahead of the upcoming Q1 earnings report. The community is sharply divided, with bulls pointing toward consistent revenue growth and institutional interest as potential catalysts for a squeeze, while bears remain skeptical, citing historical post-earnings sell-offs and sensitivity to broader interest rate conditions.

Rayls is a Layer-1 blockchain ecosystem designed for financial institutions to bridge traditional finance (TradFi) and decentralized finance (DeFi). Developed by Parfin, Rayls combines a public chain, private networks, and institutional privacy nodes into a unified infrastructure that supports compliant, scalable, and privacy-preserving asset tokenization and settlement. Its architecture connects regulated banks and payment systems with public DeFi liquidity while maintaining confidentiality through the Rayls Enygma privacy protocol. The network enables tokenization of real-world assets, CBDCs, and stablecoins using EVM-compatible technology, fixed USD-pegged gas fees, deterministic finality, and harmful MEV protection.

Rayls

Rayls is generating significant community conversation as investors speculate on potential price movements surrounding its upcoming mainnet launch. While some users are actively trading the volatility, others are debating the project's long-term utility versus its recent performance on major exchanges.

Dogecoin is an open-source digital currency based on the "Doge" meme that functions as a peer-to-peer medium for fast payments and digital tipping. Unlike projects backed by corporate entities, its value is driven by a global community, and the project is managed by a decentralized group of volunteers and the non-profit Dogecoin Foundation rather than a formal company.  Originally created in 2013 by software engineers Billy Markus and Jackson Palmer as a market parody, the project held no public sale or venture capital rounds. The network operates as a fork of LuckyCoin, which itself was a fork of Litecoin, using a proof of work consensus mechanism. It employs the Scrypt algorithm to ensure the mining process remains fast and efficient, with new blocks processed every 60 seconds. A unique technical feature is its use of merged mining, allowing miners to secure Dogecoin simultaneously with other Scrypt-based networks like Litecoin.  To keep transaction fees low and the network running indefinitely, Dogecoin features an uncapped supply where new coins are added forever. In a major regulatory milestone in March 2026, a joint SEC and CFTC framework officially classified Dogecoin as a digital commodity, placing it in the same asset category as gold or oil.

Dogecoin

Dogecoin is capturing market attention as traders debate its potential for a breakout amid a broader meme-coin sector rally and optimistic long-term price sentiment. Community discourse remains divided between those expecting a significant move toward higher price levels and others concerned about extended periods of sideways consolidation.

Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001, and is headquartered in San Jose, CA.

Bloom Energy Corp - Ordinary Shares - Class A

Bloom Energy Corp

Bloom Energy is surging as the market increasingly views its fuel cell technology as a critical solution for the urgent power needs of AI data centers, further bolstered by an expanded strategic partnership with Oracle. Investors are actively discussing the stock's massive backlog and the long-term potential for fuel cells to bypass grid-connection bottlenecks, despite debates regarding its valuation and future capital needs.

Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME, Baidu AI Cloud and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment provides search-based, feed-based, and other online marketing services. The iQiyi segment is an online entertainment service provider, which offers original, professionally produced and partner-generated content on its platform. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.

Baidu Inc - ADR

Baidu is facing significant headwinds as China reportedly pauses new autonomous driving permits following reports of fleet outages, triggering skepticism among investors already wary of broader China-tech exposure. While some community members view the dip as an opportunity to accumulate shares ahead of upcoming earnings and potential AI-driven breakthroughs, others are aggressively betting against the stock, citing ongoing geopolitical tensions and the persistent struggle to monetize autonomous infrastructure.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

<ul class="summary-bullets"><li>The company reported that fourth-quarter (Q4) gross merchandise sales (GMS) reached about $3.59 billion, rising 2.4% year-on-year (YoY).</li><li>Transactions through the Etsy mobile app expanded 6.6% YoY and accounted for nearly half of total sales.&nbsp;</li><li>The company added 6.8 million new buyers and reactivated 10.4 million during the quarter.</li></ul>Etsy Inc. (ETSY) closed out 2025 with modest revenue gains, even as the company reshaped its portfolio with the sale of Reverb and ramped up investments in advertising and AI-driven shopping tools.The Brooklyn-based e-commerce platform, which connects millions of buyers and independent sellers worldwide, reported that fourth-quarter (Q4) gross merchandise sales (GMS) reached about $3.59 billion, rising 2.4% year-on-year (YoY)<h2 class="st-heading-2">Quarterly Financial Performance</h2>Revenue for the quarter increased 6.6% YoY to $881.6 million, helped by stronger advertising activity on Etsy’s platform. The company posted an earnings per share (EPS) of $0.92. Depop, Etsy’s resale marketplace, delivered currency-neutral GMS growth exceeding 37%, driven by strong demand in the U.S.Both revenue and EPS came in below the analysts’ consensus estimates of $884 million and $1.36, respectively, according to Fiscal AI data.&nbsp;<a href="https://stocktwits.com/symbol/ETSY">Etsy stock</a> traded over 20% higher in Thursday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels.&nbsp;<h2 class="st-heading-2">Marketplace Trends and Outlook</h2>On the core Etsy marketplace, GMS edged 0.1% higher to $3.29 billion. Transactions through the Etsy mobile app expanded 6.6% YoY and accounted for nearly half of total sales.&nbsp;Active sellers stood at 5.6 million, 1.5% lower than a year ago, while active buyers totaled 86.5 million. The company added 6.8 million new buyers and reactivated 10.4 million during the quarter. Looking ahead, Etsy expects first-quarter 2026 GMS between $2.38 billion and $2.43 billion, with a take rate near 25.5%.On Wednesday, the company announced that it is selling its Depop marketplace to eBay for $1.2 billion. ETSY stock has declined by over 14% in the last 12 months.&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-did-bitdeer-stock-tumble-pre-market-today/cZRjUlDR4wz">Why Did Bitdeer Stock Tumble 14% Pre-Market Today?</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, a person holds a smartphone displaying the logo of Etsy Inc.

Why Did Etsy Stock Jump 20% Pre-Market Today? 

The firm’s revenue for the fourth quarter increased 6.6% YoY to $881.6 million, helped by stronger advertising activity on Etsy’s platform.

Equity

The firm’s revenue for the fourth quarter increased 6.6% YoY to $881.6 million, helped by stronger advertising activity on Etsy’s platform.


<ul class="summary-bullets"><li>This amounts to about 22% stake in the sportswear company for Fairfax Financial.&nbsp;</li><li>Earlier, UBS analyst Jay Sole said that he believes in the company after the firm's annual global athletic wear survey reinforced that Under Armour is still one of the world's best-known and -liked athletic wear brands.&nbsp;</li><li>Shares of Under Armour went up more than 4% in Monday’s after market trading.</li></ul>Shares of Under Armour Inc. (UAA) went up more than 4% in Monday’s after hour trading after Fairfax Financial Holdings disclosed a considerable stake in the company.Fairfax Financial disclosed that it holds 41.9 million Class A Under Armour shares as of 30 Dec. 2025, according to an <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.sec.gov/Archives/edgar/data/915191/000094787126000006/xslF345X05/ownership.xml">SEC filing</a>. This amounts to about 22% stake in the sportswear company.The disclosure comes even as the company has been working to revive its business. Most recently, the company parted ways with NBA star Stephen Curry, ending a partnership of more than a decade.<h2 class="st-heading-2">Street Calls</h2>Earlier, UBS analyst Jay Sole said that he believes in the company after the firm's annual global athletic wear survey reinforced that Under Armour is still one of the world's best-known and -liked athletic wear brands.The analyst said that it believes Investors are "materially" undervaluing the Under Armour brand name, as per TheFly. UBS also added that it believes Under Armour is a "turnaround stock" that will achieve a 25% annual earnings growth over the next five years.This growth will positively surprise the market, the firm said, adding that it believes improving North America sales growth will boost the stock's valuation. UBS maintained its ‘Buy’ rating on UAA shares with a price target of $8.Under Armour said earlier in 2025 that it expects a GAAP-adjusted operating loss of $56 million to $71 million in fiscal year 2026 versus its previous expectation of operating income of $19 million to $34 million. The company also forecasted an adjusted operating income of $95 million to $110 million, compared to the prior range of $90 million to $105 million.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>On Stocktwits, retail sentiment around UAA stock remained in the ‘extremely bullish’ territory over the past 24 hours amid ‘extremely high’ message volume.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_01_06_at_5_17_21_AM_png_0ef439b48c.webp" alt="UAA sentiment.png" width="1290" height="156"></figure>&nbsp;One user noted Fairfax Financial’s increased stake could be a strong indication that something &nbsp;really good is brewing for the company.<stembedurl>https://stocktwits.com/Tfukalis/message/640736306</stembedurl><a href="https://stocktwits.com/symbol/UAA">Shares of UAA</a> are down 36% this year.For updates and corrections, email newsroom[at]stocktwits[dot]com. &nbsp;

Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California. (Photo by Justin Sullivan/Getty Images)

UAA Shares Climb On Fairfax Financial Stake Disclosure

Fairfax Financial disclosed that it holds 41.9 million Class A Under Armour shares as of 30 Dec. 2025, according to an SEC filing. 

ETFs Likely to Benefit from Thanksgiving Weekend Sales

Thanksgiving shopping is set to boost retail and tech ETFs. XRT, IBUY, ONLN, IPAY, BPAY and PSCD could be the biggest winners of the holiday spending boom.

<ul class="summary-bullets"><li>Analyst Jon Tower highlighted that the easing of Brazil's food tariffs could reduce cost pressures.</li><li>Citi said the surge in media spending has contributed to growing brand engagement.</li><li>Brinker’s stock traded over 7% higher on Tuesday mid-morning.&nbsp;</li></ul>Citi has upgraded Brinker International Inc. (EAT), the operator of Chili’s and Maggiano’s Little Italy, to ‘Buy’ from ‘Neutral’, raising its price target to $176 from $144.&nbsp;The move reflects Citi's growing confidence in Brinker's ability to navigate a more favorable cost environment while maintaining strong sales momentum through fiscal 2026, according to TheFly.The new price target implies 25% upside from the stock’s Monday closing price.<h2 class="st-heading-2">Cost Pressure Management&nbsp;</h2>According to a CNBC&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/11/25/citi-upgrades-chilis-parent-on-younger-guests-flocking-to-brand-building-long-term-relevancy.html">report</a>, analyst Jon Tower highlighted that the easing of Brazil food tariffs could reduce cost pressures, particularly on beef, strengthening the company's margin outlook.Tower also emphasized that Brinker’s initiatives to attract younger diners are proving effective, creating sustained traffic growth and loyalty that supports ongoing sales expansion.<a href="https://stocktwits.com/symbol/EAT">Brinker’s stock</a> traded over 7% higher on Tuesday mid-morning. On Stocktwits, retail sentiment around the stock remained in ‘bullish’ territory amid ‘high’ message volume levels.&nbsp;<figure class="image"><img style="aspect-ratio:932/104;" src="https://news.stocktwits-cdn.com/Screenshot_2025_11_25_110513_png_f61857f813.webp" alt="EAT’s Sentiment Meter and Message Volume as of 11:00 a.m. ET on Nov. 25, 2025 | Source: Stocktwits" width="932" height="104"><figcaption>EAT’s Sentiment Meter and Message Volume as of 11:00 a.m. ET on Nov. 25, 2025 | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Strong Traffic And Brand Loyalty</h2>According to the report, Chili’s has experienced a consistent increase in customer visits over the past six quarters. The surge in media spending, from roughly $58 million in fiscal 2023 to around $145 million in fiscal 2025, has contributed to growing brand engagement, particularly among younger demographics.&nbsp;Tower stated that the conversion metrics indicate that this rise in traffic is sustainable and likely to persist through fiscal 2026 and beyond. Brinker operates or franchises a restaurant network of more than 1,600 locations in the U.S., two territories, and 28 countries.EAT stock has gained over 14% in the last 12 months.&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/hpe-draws-investor-attention-after-winning-931-million-government-contract-to-modernize-data-centers/cL52SttREgG">HPE Draws Investor Attention After Winning $931 Million Government Contract To Modernize Data Centers</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Florida, Orlando, Chili's Grill & Bar, restaurant neon sign. 

Citi Upgrades Brinker To Buy, Sees 25% Upside

Analyst Jon Tower highlighted that the easing of Brazil's food tariffs could reduce cost pressures.

The move reflects Citi's growing confidence in Brinker's ability to navigate a more favorable cost environment.


Carter's Inc (CRI) shares declined over 11% on Friday after the&nbsp;kids'&nbsp;apparel retailer posted lower quarterly revenue and profit and suspended its 2025 business forecast.The company said its move is influenced by the recent leadership transition and "significant uncertainty surrounding proposed new tariffs and potential related impact on the business."Carter's appointed Douglas Palladini, a former senior executive for VF Corp's (VFC) Vans brand, as CEO on April 3.For the fiscal first quarter ending&nbsp;March 29, Carter's said revenue declined to $629.8 million from $661.5 million a year earlier. However, it exceeded the $623.8 million analyst estimate from FactSet.Adjusted earnings were $0.66 per share, down from $1.04 a year earlier, but exceeded the estimate of $0.53.The company's annual revenue has declined over the last three years, weighed down by persistent inflation and elevated interest rates, which, among other things, have reduced consumer spending among families with young children.Carter's is one of North America's largest clothing brands for babies and young children. It sells under labels such as OshKosh B'gosh and Skip Hop and offers exclusive lines for major retailers: Just One You and Precious Firsts (Target), Child of Mine (Walmart), and Simple Joys (Amazon).It also operates over 1,000 self-owned stores in the U.S. and Canada.On Stocktwits, retail sentiment for Carter's was in the 'neutral' territory, with 'high' message volume.<figure class="image"><img style="aspect-ratio:812/189;" src="https://news.stocktwits-cdn.com/Screenshot_2025_04_28_at_9_13_53_AM_png_bd9528e7db.webp" alt="Screenshot 2025-04-28 at 9.13.53 AM.png" width="812" height="189"><figcaption>CRI sentiment and message volume as of April 27 | Source: Stocktwits</figcaption></figure>A user posted saying that withdrawing the guidance was a smart move on the company's part.<stembedurl>https://stocktwits.com/Justinian/message/612705112</stembedurl><a href="https://stocktwits.com/symbol/CRI">Shares of the company</a> are down 37.5% year to date.For updates and corrections, email newsroom[at]stocktwits[dot]com.

A woman hangs up baby clothes at a trade fair stand. (Photo by Christoph Reichwein/picture alliance via Getty Images)

Carter's Stock Dives On Guidance Suspension, Poor Q1 Print — Retail Traders Watch Cautiously

Retail investors are waiting for the new chief executive's moves following his appointment earlier this month to revive the struggling business.

Shares of footwear and apparel retailer Foot Locker Inc. ($FL) fell more than 11% on Wednesday morning after the company missed Wall Street expectations for its third-quarter earnings, damping retail sentiment.The company posted earnings per share of $0.33, below $0.40 as Wall Street analysts expected. Its revenues came in at $1.96 billion, versus the expected $2.01 billion, according to Stocktwits data.Softer consumer spending following the back-to-school season was responsible for the weaker-than-expected bottom line, the company said in a statement.Foot Locker also lowered its full-year sales guidance for non-GAAP EPS outlook. It now expects a sales decline between -1.5% and -1.0%, compared to the earlier range of -1% to +1%.Its non-GAAP EPS is projected at $1.20 to $1.30 compared to the earlier stated range of $1.50 and $1.70. Fourth quarter EPS is expected to fall between $0.70 to $0.80, the company added.For the third quarter, comparable sales grew 2.4% including global Foot Locker and Kids Foot Locker divisions where comparable sales grew by 2.8%. &nbsp;"Our team's continued focus on execution drove positive comparable sales trends and meaningful gross margin expansion in the quarter. &nbsp;However, our third quarter top- and bottom-line performance fell short of our expectations,” Mary Dillon, president and CEO said in a statement.Retail sentiment on the stock fell to ‘extremely bearish’ (24/100) from ‘neutral’ (51/100) a week ago. Message volumes rose to the ‘extremely high’ zone from normal.<figure class="image"><img style="aspect-ratio:1286/290;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_04_at_8_44_14_PM_619f212bb6.png" alt="Screenshot 2024-12-04 at 8.44.14 PM.png" width="1286" height="290"><figcaption>FL sentiment meter and message volumes on Dec 4 as of 10:11 am ET</figcaption></figure><stembedurl>https://stocktwits.com/Terrordomo80/message/594998312</stembedurl>&nbsp;<stembedurl>https://stocktwits.com/ERTcapital/message/595010375</stembedurl>Dillon noted the company’s continued progress with its “Lace Up” Plan. The plan has been part of Foot Locker’s efforts to simplify its business model and focus on core banners and regions.During the third quarter, the company opened 10 new stores and closed 24 stores.In August, the company announced it will move its global headquarters to St. Petersburg, Florida in late 2025. It plans to maintain “only a limited presence” in New York City going forward, it said in an earlier release, in addition to a slew of other measures it said were part of its “Lace Up” plan. &nbsp;According to retail investors polled on Stocktwits, the company’s biggest issue going forward is weak consumer demand.<figure class="image image_resized" style="width:73.2%;"><img style="aspect-ratio:1257/709;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/FL_poll_6f66476f76.png" alt="FL poll.png" width="1257" height="709"></figure><a href="https://stocktwits.com/symbol/FL">Foot Locker stock</a> is down 30.22% year-to-date.For updates and corrections email newsroom[at]stocktwits[dot]com.&nbsp;

Its comparable sales grew 2.4%.| Image source: Wikimedia Commons

Foot Locker Stock Slides on Weak Q3 Results: Retail Sees Weak Demand as Key Issue

The company lowered its full-year sales guidance for non-GAAP EPS outlook.

Shares of footwear and apparel retailer Foot Locker Inc. ($FL) were down 3.8% on Tuesday afternoon ahead of the company’s third-quarter earnings release, dampening retail sentiment.Wall Street analysts are expecting earnings per share of $0.40 on estimated revenues of $2.01 billion, according to Stocktwits data.For the second quarter, its total sales increased by 1.9%, to $1,89 billion. EPS came in at -$0.05, beating estimates of -$0.07.Its comparable sales increased by 2.6%, led by the global Foot Locker and Kids Foot Locker comparable sales growth of 5.2%. The company reaffirmed its full-year guidance for non-GAAP EPS to fall between $1.50 and $1.70.On Tuesday, Piper Sandler lowered the price target on <a href="https://stocktwits.com/symbol/FL">Foot Locker stock</a> to $28 from $30, while keeping a ‘Neutral’ rating, The Fly.com reported. The firm warned that demand softened in October given the lack of “catalysts/warm weather” ahead of the election, the report added.Retail sentiment on the stock fell to ‘extremely bearish’ from ‘bearish’ a day ago. &nbsp;<figure class="image"><img style="aspect-ratio:1286/290;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_04_at_2_49_05_AM_e1975c1d01.png" alt="Screenshot 2024-12-04 at 2.49.05 AM.png" width="1286" height="290"><figcaption>FL sentiment meter and message volumes on Dec 3 as of 4:35 pm ET</figcaption></figure>In August, the company announced it will move its global headquarters to St. Petersburg, Florida in late 2025. It plans to maintain “only a limited presence” in New York City going forward, it said in an earlier release, in addition to a slew of other measures it said were part of its “Lace Up” plan. &nbsp;“The intent of the relocation is to further build on the Company's meaningful presence in St. Petersburg and to enable increased collaboration among teams across banners and functions, while also reducing costs,” the company said at the time.The Lace Up Plan was part of its efforts to simplify its business model and focus on core banners and regions. It also announced it will close stores and ecommerce operations in South Korea, as well as in Denmark, Norway, and Sweden.Foot Locker stock is down 21% year-to-date.For updates and corrections email newsroom[at]stocktwits[dot]com.&nbsp;

Retail sentiment on the stock fell to ‘extremely bearish’ from ‘bearish’ a day ago| Image source: Wikimedia Commons

Foot Locker Stock Dips Ahead of Q3 Earnings: Retail Sentiment Slips

Wall Street analysts are expecting earnings per share of $0.40 on estimated revenues of $2.01 billion

PSCD
Invesco S&P SmallCap Consumer Discretionary ETF

Feed

News

Sentiment

Fundamentals

Info

Poll

Latest PSCD News

PSCDInvesco S&P SmallCap Consumer Discretionary ETF