After-hours movers: FedEx, Nike, U.S. Steel and more

FedEx and Nike saw significant stock increases after positive announcements, while U.S. Steel's stock fell due to lowered earnings guidance.

Foot Locker: Morgan Stanley cuts PT on turnaround doubts after Q3 earnings miss

Foot Locker to emphasize newer Nike styles at stores amid soft demand for its shoes

Foot Locker partners with Nike on new shoe promotions amid declining sales. Competition from trendy brands is impacting demand, prompting strategic adjustments ahead of the holiday season.

Nike shares dip as Foot Locker cuts sales, profit forecasts

Salesforce, Dollar Tree, Okta rise premarket; Foot Locker slumps

US stock futures rose ahead of key economic data. Major movers include Salesforce and Okta rising, while Foot Locker and GM fell.

Foot Locker shares tumble on guidance cut, disappointing Q3 results

Foot Locker's shares dropped over 9% after cutting its earnings and sales forecasts, posting lower-than-expected quarterly results and projecting further declines for the year ahead.

Needham starts Skechers coverage at Hold, Foot Locker at Buy

Early aggressive promos raise fears of weak holiday for US retail, Barclays says

Barclays analysts warn that early discounting in U.S. retail may indicate a challenging holiday season, hurting margins and reflecting cautious consumer sentiment.

Here's how Morgan Stanley expects the US election to impact textile retailers

Morgan Stanley analysts note textile retailers may face challenges but optimistic consumer sentiment could mitigate risks as US elections approach, affecting corporate tax plans.

Footlocker stock upgraded to Buy at Barclays amid ‘several fundamental inflections’

Barclays upgraded Foot Locker to Buy, citing positive sales and margins, despite uncertainties from market exits and a future headquarters move.