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.

As a key supplier, Nike (NKE) shares were losing ground in early Wednesday trading in sympathy with disappointing Q3 results from Foot Locker (NYSE:FL). But shares for both have since pared their ...

(Reuters) - Foot Locker executives said on Wednesday they are working closely with Nike to emphasize its newer styles, including Vomero and Air DT Max shoe models, amid "softness" in demand for ...

the analyst expects trends to pick up after Thanksgiving and is encouraged by a recent consumer survey indicating strong holiday interest in sneakers. Nikic notes that Foot Locker faced challenges ...