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Shares of Foot Locker dropped nearly 33% on Wednesday after the shoe retailer reported another decline in quarterly sales that it partly blamed on “consumer softness” and an increase in ...
Foot Locker reported total net sales amounting to $1.79bn in Q1 2025, down 4.6% from $1.87bn in the same quarter of the ...
Sportswear and footwear retailer Foot Locker has revised its outlook for the full fiscal year 2024 following a 1.4% drop in sales to $1.95bn during the third quarter. The decline is notable ...
Foot Locker reported an 11% year-over-year decline in sales for the first quarter. Coming off a strong holiday quarter, the steep decline caught investors off guard. Foot Locker’s sales drop ...
For the current fiscal year, Foot Locker largely maintained its guidance and continues to expect sales to be in a range of a 1% decline to 1% growth from the prior year – better than the 0.4% ...
Foot Locker Inc. said it is using 2023 to reset its business and forecast a sales decline for the year as it focuses on its core operations. The New York City-based sneaker and athletic-wear ...
In the company's international operations, comparable sales dropped 8.5%, primarily due to weakness in Foot Locker Europe. Gross profit was $514 million, down 5.5% year over year. FL's gross ...
Foot Locker said it expects sales to decline between 1.5% and 3.5% in the crucial holiday quarter, below a 2% gain in the same period last year. The company said it expects comparable sales to ...
Dick’s Sporting Goods is buying rival Foot Locker in a $2.4 billion deal, marking another major deal that tariff-prone apparel companies are making to future-proof themselves.