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Foot Locker, Ann Earnings: What to Watch on Wall Street November 21st

Kurumi Fukushima
11/20/14 8:00 PM EST
On Friday, November 21st Foot Locker (FL) is scheduled to report its third quarter results before the opening bell. Analysts forecast a profit for the period, higher than the year ago 68 cents a share. Wall Street is looking for revenue of $1.72 billion for the quarter, up from the $1.62 billion it reported last year. The athletic footwear company's performance has been quite strong this year, after implementing some operational and financial initiatives. Management sees opportunities in the children's shoes segment, as well as international expansion, especially in the European market. Other notable earnings to watch include Ann Inc (ANN), and sporting goods store Hibbett Sports (HIBB), also releasing results before the market opens. On the economic calendar, we get the Kansas City Fed Manufacturing Index for November.
Stocks in this video: FLANNHIBB

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