Foot Locker Outlook Weighed Down by Reductions, Weak Demand

Foot Locker Outlook Weighed Down by Reductions, Weak Demand

Foot Locker Inc. forecast earnings under Wall Road’s expectations because it struggles to lure budget-conscious customers who proceed to curb spending. The sneaker retailer expects full-year revenue of $1.35 to $1.65 a share, whereas analysts had been searching for...