with Breanna Morello
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Reporter Fined For Protecting Sources
Foot Locker shares plunge 30% as retailer posts holiday loss, delays key financial target
Shares of Foot Locker plummeted about 30% on Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak guidance for the current year and said it’s behind on meeting its financial goals. Given how poorly its past fiscal year went, the company is now expecting the profitability goal it […]
