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.

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 ...

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 ...