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Shares of Foot Locker plummet, as earnings miss Wall Street estimates

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The retailer is under pressure as shoe companies, like Nike, have worked to sell directly to its customers, bypassing retailers all together.

Meantime, the broader shoe industry is facing its own challenges, as President Trump has threatened to lodge a tariff on footwear imported on China.Shares of

plummeted nearly 16 percent in morning trading Friday, as the shoe retailer's fiscal first-quarter earnings missed Wall Street profit and revenue estimates.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

mr_jettlife

This thereal_shampoo fault for being a defunct sneaker head

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:

 /  🏆 12. 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।

Stocks making the biggest moves premarket: Foot Locker, Amazon, HP Inc, Autodesk & moreThese are the stocks posting the largest moves before the bell.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

U.S. stocks drop late in session on trade uncertaintyWall Street shares extended losses in late trade on Friday after CNBC reported t... 25,700 dow; it's all good folks. ahha time to buy.
स्रोत: Reuters - 🏆 2. / 97 और पढो »