Foot Locker shares fall after heavy promotions lead to holiday-quarter losses
FLFoot Locker(FL) CNBC·2024-03-06 20:10

The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Shares of Foot Locker fell in premarket trading Wednesday after the sneaker retailer reported a holiday-quarter loss and issued weak guidance for the current year. Here's how the company did in its fourth fiscal quarter, compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv: Earnings per share: 38 cents adjusted vs. 32 cents expected Revenue: 2.38billionvs.2.38 billion vs. 2.28 billion expected The c ...