The retailer is bracing for tough selling conditions overall for the second half of 2020.
News & Analysis: Foot Locker
Management made a calculated bet aimed at slimming inventory heading into late 2020.
FL earnings call for the period ending August 1, 2020.
But the footwear retailer's payout will be lower until the pandemic sorts itself out more.
The sports apparel industry is growing again, but profit margins are falling.
The shoe retailer is holding up better than expected amid the coronavirus outbreak.
The footwear retailer looks to be bouncing back strongly from the first quarter's plunge.
The company's peers might be signaling a blowout quarter is brewing.
The flood of retailers moving to open-air shopping venues is a reflection of costs and changing lifestyles, and the movement is just starting.
Sneaker retailer sees off-mall locations as a better bet for growth.