“Foot Locker shares plunge more than 30% as it slashes guidance and blames ‘consumer softness’”
August 23, 2023
“…Here’s how Foot Locker did in the three-month period that ended July 29 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:
- Earnings per share: 4 cents adjusted vs. 4 cents expected
- Revenue: $1.86 billion vs. $1.88 billion expected
The company swung to a loss of $5 million, or 5 cents per share, compared with a profit of $94 million, or 99 cents a share, a year earlier. Excluding one-time items, the company reported earnings of 4 cents per share…:
https://www.cnbc.com/2023/08/23/foot-locker-fl-earnings-q2-2023-.html