DICK'S Sporting Inks an Agreement to Buy Foot Locker
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told FN in an interview that weaker consumer demand and a highly promotional environment impacted Foot Locker's results in the third quarter. She also noted that sales were generally slower ...
The net loss for the period is expected to be $363 million, as compared with net income of $8 million in the prior-year Q1 period. On a non-GAAP basis, the net loss is expected to be $6 million for the first quarter, as compared with net income of $21 million in the corresponding prior-year period.
Foot Locker, Inc. (NYSE: FL) today reported select preliminary financial results for its first quarter ended May 3, 2025.
Foot Locker is the second major U.S. shoe company to be acquired in recent weeks as tariffs hit footwear industry.