News Formal

Breitbart Business Digest: Foot Locker Is Losing a Race Against Bidenflation

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

If Biden's economic programs really were working to grow the economy 'from the bottom up and the middle out,' Foot Locker would be thriving.

Foot Locker.

Back-to-back guidance downgrades have shaken confidence in the ability of the company to manage through the economic cycle and“We did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers, while still leaning into the strategic investments that drive our Lace Up plan,” CEOIt’s a bit surprising that investors were caught so flat-footed when it comes to the giant shoe retailer.

Athletic footwear is offered for sale at a Foot Locker store on August 2, 2021 in Chicago, Illinois.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 610. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Foot Locker's stock tumbles 28% as company suspends dividend after swinging to a lossFoot Locker posted a surprise loss for its second quarter, sales that fell short of estimates and cut its guidance.
स्रोत: MarketWatch - 🏆 3. / 97 और पढो »