Foot Locker’s CEO blamed the earnings misses on soft demand for Nike sneakers and more promotions than expected across the ...
Financial markets waited all week for the jobs data, and that data did not disappoint. As a result, the S&P 500 and the Nasdaq both closed a record high on Friday.
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.
“On a strategic level, we are confident in the strength of our partnership with Nike,” Dillon assured analysts, and that ...
Foot Locker Inc.’s shares sank after the sneaker chain cut its full-year sales and profit forecasts, citing more discounts ...
Mary Dillon’s nine-year tenure as CEO of Ulta Beauty was one of the most transformative in modern retail history, turning a small national chain into a behemoth of a retailer that had grown ...
The Dow Jones Industrial Average rose 308 points, or 0.7 percent, while the Nasdaq composite added 1.3 percent to its own ...
Wall Street was headed for more gains before the open on Wednesday as markets took in the some of the last earnings reports ...
U.S. stocks keep rolling higher, and indexes rose Dec. 4 after tech companies talked up how much artificial intelligence is ...
Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total sales for the quarter slipped 1.4% to $1.96 billion.
CEO Mary Dillon said the retailer has made progress on its strategy, but was hurt by a more cautious consumer.