Footlocker
Passage
•
Computers
•
12th Grade
•
Practice Problem
•
Easy
Jason Cross
Used 1+ times
FREE Resource
Enhance your content in a minute
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
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