Foot Locker reports Q2 sales drop, Dick’s acquisition still on track
Foot Locker's total sales were down 2.4%, to $1.85bn in Q2 ending 2 August compared with sales of $1.89bn in Q2 of…
Foot Locker Inc
-
-
Foot Locker Q1 sales down amid pending acquisition by Dick’s
Foot Locker's total sales for Q1 fell by 4.5%, when foreign exchange rate fluctuations are excluded. Foot Locker comparable sales…
-
Dick’s Sporting Goods’ confirmed play for Foot Locker is ‘bold move’
Dick’s Sporting Goods has entered into a definitive merger agreement to acquire Foot Locker for approximately $2.4bn. Dick's executive chairman Ed Stack…
-
Foot Locker’s streamline plan focuses on 659 stores in Asia, Europe
Foot Locker president and chief executive officer (CEO) Mary Dillon emphasised the company's "Lace Up Plan" is "unlocking" meaningful opportunities…
-
Foot Locker slashes forecast as slow footwear market impacts Q2 sales
Foot Locker has seen sales tank after cutting its full-year forecast and delivering results on the back of a “torrid”…
-
Filings signal: Fashion’s top winners versus losers for quarterly results
Each week, Just Style’s journalists pick out insights from company filings that highlight sentiments in our sector. These filings signals…
-
Foot Locker laments muted demand in Q1, names former Kohl’s exec as CFO
"More aggressive markdowns" are on the cards at Foot Locker as the firm looks to drive demand and manage inventory,…
-
Foot Locker capitalises on resilient holiday demand, shares plans for 2023
Foot Locker reported its financial results for the fourth quarter and fiscal year ended 28 January 2023. Fourth quarter results…
-
Top Stories last week on Just Style…
Here are last week’s top trending stories on Just Style: NRF says US recession in 2023 ‘unlikely’ The National Retail…
-
WEEK IN REVIEW: US recession or not – fashion supply chain will feel the pinch
Leading US companies including Ford, McDonalds and UPS - and business experts - remain divided on whether high-interest rates, challenging…
