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Foot Locker Shares Plunge Following Quarterly Sales Report

Published in SportsBusiness Daily Global on 05 / 22 / 17

Investors "dumped Foot Locker like a stinky pair of trainers after the firm reported slow quarterly sales," according to the BBC. The N.Y.-based athletic-wear chain said that "sales in the February-to-April period rose 0.5%" from '16 at stores open at least a year. The news "sent shares of the compa...

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