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A weakening consumer environment continues to weigh on Foot Locker's turnaround strategy as the company expects comparable sales to decline by the most in more than a decade.
Foot Locker, Inc (NYSE:FL) stock tumbled in the premarket session on Tuesday. The company reported a third-quarter adjusted EPS of $0.33, missing the analyst consensus estimate of $0.41. Quarterly ...
Foot Locker's disappointing 2023 outlook comes two months after the company presented its turnaround strategy. Foot Locker stock sinks as company slashes sales forecast amid 'tough macroeconomic ...
After Foot Locker slashed its full-year sales forecast amid what it ... and is now seeing its stock drop on Foot Locker's print, with shares down nearly 3% on Monday. ... the manufacturer’s ...
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Siegel sold short 3,000 shares before the company’s second-quarter earnings went out and Foot Locker’s stock price fell 28%. That time, Siegel made $30,132, the SEC said.
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Nike will account for about 60% of total purchases for 2022, down from 70% in the past year and 75% in 2020, the company said on a post-earnings call. This change reflects Nike's shift in strategy ...