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Foot Locker’s income took a big hit in 2017

05/03/2018
Foot Locker’s income took a big hit in 2017

Athletic footwear retail group Foot Locker has reported flat sales in the 2017 fiscal year, but its net income fell considerably compared to 2016. The company’s full-year revenue was $7.8 billion, an increase of 0.2% compared to the previous year. Comparable store sales fell 3.1%.  This resulted in net income falling from $664 million in 2016,...

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