Shares of Foot Locker (FL -29.35%) plunged 29.4% on Wednesday after the company announced a large loss based on generally accepted accounting principles (GAAP) for the crucial holiday quarter and followed with weak forward guidance. Foot Locker's latest quarter was actually better-than-expected For its fiscal fourth quarter 2023 ended Feb. 3, 2024, Foot Locker's total sales grew 2% year over year -- though comparable sales fell 0.7% after accounting for an extra week in the fiscal year -- to $2.334 billion. ...