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Foot Locker reported a holiday-quarter loss on Wednesday and its shares plunged nearly 30%. The company also gave weak guidance for the current year and delayed a key profitability target.
Net loss is expected to be $363 million, ... Foot Locker plans to report full financial results for its first quarter ended May 3, 2025, before the U.S. markets open on Thursday, ...
Foot Locker will refrain from issuing new financial forecasts or revising any prior projections due to the deal with Dick's. "Foot Locker sees $363m Q1 2025 loss amid pending $2.4bn Dick’s ...
Foot Locker stock, closed at $12.87 on Wednesday, down 3.31%, is more than 80% up in pre-market activity. It has traded in the range of $11.00 - $33.94 in the last 1 year.
Foot Locker sales decreased 11.4% in the first quarter of 2023, pushing net income down $97 million from 2022, according to the company’s earnings report released Thursday evening.
Foot Locker also got more conservative with its full-year forecast. It now expects sales to fall between 1.5% and 1% from $8.15 billion in 2023, compared to a prior range of a 1% loss to 1% growth.
New York-based sports retailer Foot Locker has reported a loss, despite sales being ahead of expectation in the fourth quarter of 2023. The sports retailer posted a net loss of $389m (£304.8m) for the ...
Foot Locker swung to a loss of $363 million, or $3.81 a share, for the first quarter ended May 3, compared with net income of $8 million, or 9 cents a share, in the prior-year period.
Net loss was $5 million in Q2 compared to a profit of $94 million a year earlier. 2. Weakening balance sheet. Foot Locker is in a precarious financial position, too.
Net loss is expected to be $363 million, ... Foot Locker plans to report full financial results for its first quarter ended May 3, 2025, before the U.S. markets open on Thursday, ...
NEW YORK, May 15, 2025 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) today reported select preliminary financial results for its first quarter ended May 3, 2025. Mary Dillon, Chief Executive ...