SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

NVIDIA is capturing intense market attention as investors weigh its critical role in the AI infrastructure cycle against high expectations, leading to heavy options activity and polarized community debates over whether results are already priced in. Participants are closely monitoring the upcoming earnings for clarity on future demand, sector growth, and management guidance that could impact the broader market trajectory.

e.l.f. Beauty, Inc. is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, naturium, well people, and keys soulcare. The company was founded in 2004 and is headquartered in Oakland, CA.

e.l.f. Beauty Inc

e.l.f. Beauty is experiencing significant volatility and downward pressure ahead of its upcoming earnings report, with community sentiment split between those viewing the price drop as a "bear trap" or value buying opportunity and others concerned about insider selling and tariff impacts. Investors remain deeply divided on the stock's future, as many weigh the potential for a growth rebound driven by successful brand acquisitions against the risks of sector rotation and institutional manipulation.

Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations of credit cards, home, auto and personal loans, and insurance products, and online savings and checking accounts. The ProTax segment refers to the professional accountants in the U.S. and Canada, who are essential to both small business success and tax preparation and filing. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.

Intuit Inc

Intuit shares are seeing extreme volatility following earnings that topped analyst estimates but provided cautious forward guidance. The community remains sharply divided, with some investors accumulating shares on the dip as a long-term AI-driven growth play, while others fear the firm's business model faces existential disruption from emerging AI automation tools.

SELLAS Life Sciences Group, Inc. is a clinical stage biopharmaceutical company, which engages in the development and commercialization of immunotherapeutic for cancer indications. Its product pipeline includes galinpepimut-S. The company was founded by Angelos M. Stergiou on April 3, 2006 and is headquartered in New York, NY.

SELLAS Life Sciences Group Inc

SELLAS Life Sciences is surging as investors react to bullish CEO commentary regarding positive GPS immunotherapy data, which is being framed as superior to current standards of care. The community is heavily focused on the potential for an imminent short squeeze and clinical milestones, creating a volatile environment as traders monitor institutional buying activity and the upcoming oncology conference presentation.

Micware Co. Ltd. engages in software development services and innovative IT solutions mainly focused on the automotive and mobility sectors. It operates through the following segments: Software Defined Vehicles (SDV), Location-Based Services (LBS), and Others. The SDV segment relates to the development and sale of software systems designed for SDV, including IVI system software and other mobility-enhancing software products, conducted by its Japanese subsidiaries. The LBS segment covers the development and licensing of in-vehicle navigation software systems, and other geographic data-based services for business-to-business customers, mainly serving end users. The Other segment comprises software development services conducted by overseas subsidiaries designed for SDV, and business-to-consumer mobile app services unrelated to in-vehicle navigation. The company was founded by Kenji Narishima in March 2003 and is headquartered in Kobe, Japan.

Micware Co. Ltd. - ADR

Micware is experiencing extreme volatility and heavy retail attention as traders speculate on its potential for a massive rally following a recent IPO. The community is actively debating whether the stock is a legitimate opportunity or a classic pump-and-dump scheme, with many watching for breakout levels while navigating multiple trading halts.

AEVEX Corp. operates as a holding company. It operates through Tactical Systems and Global Solutions segments. The Tactical Systems segment focuses on design, development, and production of autonomous systems including unmanned aerial systems and unmanned surface vessels. The Global Solutions segment offers services and mission support to defense and intelligence customers. The company was founded in 2017 and is headquartered in Solana Beach, CA.

AEVEX Corp. - Ordinary Shares - Class A

AEVEX Corp

AEVEX Corp. is drawing significant community interest following its strong debut, fueled by its operational role in defense-tech and autonomous drone systems. Traders are actively debating the company's valuation and growth potential against established peers, with many focused on its substantial backlog and ability to secure key U.S. government contracts in an evolving defense environment.

CrowdStrike Holdings, Inc. provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. CrowdStrike serves customers worldwide. The company was founded by George P. Kurtz, Gregg Marston, and Dmitri Alperovitch on November 7, 2011 and is headquartered in Austin, TX.

Crowdstrike Holdings Inc - Ordinary Shares - Class A

Crowdstrike Holdings Inc

CrowdStrike is trending as investors debate the impact of advanced AI models like Anthropic's Mythos on cybersecurity software, with bullish sentiment focused on the stock's role in the new defensive infrastructure alongside Palo Alto Networks. While some community members worry about potential valuation compression and margin headwinds, others highlight the firm's critical platform expansion and persistent enterprise demand as institutional smart money continues to evaluate the sector's long-term resilience.

Zcash is a privacy-focused cryptocurrency that uses trustless zero-knowledge proofs to enable fully encrypted transactions while maintaining blockchain transparency and security. It was the first cryptocurrency to implement zero-knowledge encryption for private peer-to-peer payments, addressing the fundamental privacy gap in traditional cryptocurrencies that expose transaction details publicly.   With a fixed supply of 21 million ZEC and a halving schedule similar to Bitcoin, Zcash allows users to prove transactions are valid without revealing sensitive information like wallet balances, transaction amounts, or participant identities, making it suitable for everyday payments, long-term savings, and cross-border money transfers where financial confidentiality matters.  The protocol operates on its own blockchain currently using Proof-of-Work consensus, though it's evolving toward Proof-of-Stake through the planned "Crosslink" upgrade to enhance security, scalability, and energy efficiency. Zcash employs trustless zero-knowledge proofs (Halo) within its Orchard shielded pool to verify transactions without revealing sender, receiver, or amount information.   Users can choose between transparent public transactions and shielded private transactions through Unified Addresses, which work with both types. The network is faster and cheaper than Bitcoin, with new blocks mined every 75 seconds and transaction fees typically just a fraction of a cent. Privacy adoption has surged in 2025, with over 30% of total ZEC supply now held in fully shielded pools.  Zcash was created by a group of scientists in 2013 who initially proposed Zerocoin as a privacy extension to Bitcoin before building a standalone protocol. The ecosystem operates with a self-funded development model where block rewards support independent teams through the Zcash Community Grants Committee and a new Coinholder-Controlled Fund.

Zcash

Zcash is trending following news that the SEC has closed its three-year probe into the token, sparking a significant rally and community discussions regarding its potential to regain past highs. Traders are actively debating whether this movement represents a sustainable breakout or a temporary pump, while many enthusiasts highlight Zcash's privacy features and limited supply as catalysts for long-term growth.

Syntec Optics Holdings, Inc. engages in the design and manufacture of optics and photonics enabled products. The company was founded in 1981 and is headquartered in Rochester, NY.

Syntec Optics Holdings Inc. - Ordinary Shares - Class A

Syntec Optics Holdings Inc

Syntec Optics (OPTX) is trending as investors react to its position as a domestic supplier of high-precision optics for defense, space, and AI infrastructure, further bolstered by recent defense purchase orders. The community is actively debating the company's growth potential against its financial positioning, with discussions focused on its role in the U.S. defense supply chain and its ability to scale production for LEO satellite and AR military programs.

Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.

Oracle Corp.

Oracle is experiencing significant bullish sentiment as investors eye a potential breakout above the $200 level, fueled by enthusiasm for its AI infrastructure capabilities and massive cloud backlog. Community discussions are centered on strong technical setups and the expectation that the stock will catch up to broader tech sector gains following recent analyst price target upgrades.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Dogecoin

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

 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

Compact View

Latest PSCD News

PSCDInvesco S&P SmallCap Consumer Discretionary ETF