News

Disappointing quarter for Foot Locker

29/08/2019
Disappointing quarter for Foot Locker

US-based shoe retailer Foot Locker has reported a 32% drop in income for the second quarter of the year, and closed a net 27 stores during the period. Income reached $60 million, while sales decreased 0.4% to $1.7 billion. "While our results in the second quarter did come in at the low end of our expectations, we saw improvement in our...

To continue reading this story, please sign in or register.