Unsteady footing?
Foot Locker delivers its fiscal first-quarter results today.
Analysts expect that the sports apparel retailer will report lower earnings in the February-April quarter versus a year ago. That would mark a downbeat start to the company’s fiscal year after last year's strong growth. Like other retailers, Foot Locker is grappling with supply chain issues and surging inflation. In February, it gave investors a discouraging profit forecast.
BUSINESS
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2022-05-20T07:00:00.0000000Z
2022-05-20T07:00:00.0000000Z
https://edition.timesfreepress.com/article/282140704988358
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