Footlocker

Footlocker

12th Grade

7 Qs

quiz-placeholder

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Footlocker

Footlocker

Assessment

Passage

Computers

12th Grade

Practice Problem

Easy

Created by

Jason Cross

Used 1+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are analysts looking to see in FootLocker's earnings report?

Collaboration with new brands

New shoe designs for the next season

If the jump in shares is justified and sustainable

Expansion plans into new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors are considered significant for FootLocker's performance?

The tepid state of consumer spending and the chain's reduction in Nike product

Introduction of a new CEO

The launch of a new marketing campaign

Global economic conditions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is FootLocker's expected sales change for the fiscal year 2023?

Increase by 5%

Remain the same as the previous year

Down between 8% and 8.5%

Up by 10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Nike do in December regarding its sales guidance?

Launched a new product line

Increased its sales guidance for fiscal year 2024

Lowered its sales guidance for fiscal year 2024

Announced a new partnership

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has FootLocker closed over the last few years?

Its online store

Its Footaction, Eastbay, Runner’s Point, Sidestep, LadyFootLocker, and its Asia business

Only its Eastbay and Runner’s Point stores

All of its stores in Europe

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What rating did BTIG analyst Janine Stichter give to FootLocker's stock?

Strong Buy

Buy

Sell

Neutral

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Williams Trading analyst Sam Poser attribute FootLocker's potential challenges to?

Poor customer service

Ineffective marketing strategies

High product prices

A general lack of focus and loss of Nike product