Friday, August 18, 2017

Foot Locker sales fall way short of Street


Image result for foot lockerFoot Locker shares plummeted by 25 percent on Friday after the company's quarterly results missed expectations by a wide margin.

Same-store sales, a key metric closely watched by Wall Street, fell 6 percent year over year. Analysts polled by StreetAccount expected an increase of 1 percent.. . . more

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