Foot Locker shares drop 12% despite first comparable sales growth in six quarters

Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.

Aug 28, 2024 - 22:00
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Foot Locker shares drop 12% despite first comparable sales growth in six quarters
Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.