Following a year and a half with more sales declines than increases, Foot Locker returned to growth in Q2, with sales rising 2% to $1.9 billion, according to a company press release. The company also ...
Foot Locker beat Wall Street's estimates on the top and bottom lines as it posted comparable sales growth for the first time in six quarters. The sneaker company also saw its gross margin expand for ...
Dick’s Sporting Goods and Foot Locker may have taken industry observers by surprise with their acquisition deal last month, but one of their largest partners likely wasn’t. “Nike clearly bought into ...
Foot Locker published second-quarter results before the market opened this morning and actually delivered results that beat Wall Street's expectations on most key fronts. But management paired the ...
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.
Source: Foot Locker / Foot Locker Inc. Back in 2021, former Nike executive Ann Freeman was forced to resign when it was revealed that her son, Joe Herbert, was making serious bank off the sneaker ...
Forbes contributors publish independent expert analyses and insights. Cory Mull reports on emerging track and field topics across the U.S. Three months ago, a major shakeup in the sports retail space ...