Friday, May 19, 2023

Foot Locker Slashes FY23 Outlook As Q3 Results Miss Estimates; Stock Down 23%

Specialty athletic retailer Foot Locker, Inc. (FL) reported Friday a first-quarter net income of $36 million or $038 per share, sharply lower than $133 million or $1.37 per share in the prior-year quarter.

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