New York Post25d
Foot Locker shares plunge 9% on soft holiday demand — especially for Nike products
Mary Dillon, the former Ulta Beauty boss who took over Foot Locker in 2022, blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the industry.
NBC Los Angeles25d
Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness' at Nike
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
Yahoo Finance25d
Foot Locker Has a Nike Problem
Problems at Nike are bleeding into one of the brand’s top wholesale partners: Foot Locker. The sneaker chain’s stock dropped on Wednesday morning after it reported a sales and earnings miss in ...
NBC New York25d
Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness' at Nike
Foot Locker is feeling the holiday blues after seeing weak consumer demand and steep promotions across the sneaker marketplace. The company fell short of Wall Street's expectations on the top and ...