Foot Locker stock crashes 30 as company cuts forecast again citing pricesensitive consumers

Foot Locker stock crashes 30 as company cuts forecast again citing pricesensitive consumers

Foot Locker (FL) stock crashed early Wednesday, falling as much as 32% in pre-market trade as the company slashed its full-year outlook for the second straight quarter and suspended its quarterly dividend as a “still-tough consumer backdrop” weighs on the footwear retailer. “We did see a softening in trends in…Read More

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