By Josh White
Date: Wednesday 06 Mar 2024
(Sharecast News) - Foot Locker surpassed expectations in its fourth-quarter 2023 results on Wednesday, but disappointed investors after it lowered its profit outlook for the 2024 financial year.
The athletic retailer's stock price plunged in pre-market trading due to these tempered expectations and delayed targets.
Despite increased markdowns reducing inventory,...
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
You are here: news