25.05.2019 00:00:00

Foot Locker Affirms Its Growth Outlook As Expenses Jump

Investors were optimistic heading into Foot Locker's (NYSE: FL) first-quarter earnings report. The footwear and sports apparel retailer returned to a growth posture in the second half of 2018, and management projected another year of record sales and rising profitability for the year ahead.In its actual results this week, the company affirmed those core operating targets while reducing its earnings outlook slightly. More on that updated 2019 forecast in a moment. First, here's a summary of the latest results:Continue reading
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