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Article Date: March 2023
Word Count: 880

Foot Locker Targets Nearly $10 Billion in Revenue by 2026


Laying out a new, “lacing up for the future” four-year plan at its investor day, CEO Mary Dillon introduced some ambitious growth targets, aiming for a revenue CAGR of 5% to 6% per year from 2024 through 2026 including 3% to 4% positive comps. Earnings per share are expected to grow at a low- to mid-20s rate on an adjusted basis, as EBIT margin expands into double digits. Touting its leadership position in the market and strong relationships with sneaker consumers, FL plans to expand its share of wallet with core ... Log in to view full article.

 


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