Foot Locker Inc
- Foot Locker Inc. traded flat at $23.93 after the footwear and apparel retailer swung to a loss in the fiscal first quarter of 2025.
Total sales were down 4.6% to $1.79 billion from $1.87 billion, net income swung to a loss of $363 million from a profit of $8 million, and diluted earnings per share swung to a loss of $3.81 from a profit of 9 cents a year ago.
Comparable sales decreased 2.6%, with comparable sales in the North American region declining 0.5% and in the international segment they were down 8.5%, led by softness in Foot Locker Europe.
Dick's Sporting Goods Inc. has agreed to acquire Foot Locker for $2.4 billion.
May 30, 2025
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