"Reviving Foot Locker: Strategies for a Turnaround Amid Stock Plunge and Retail Challenges"
Originally Published 1 year ago — by Yahoo Finance
Foot Locker's shares are trading lower after the company's fourth quarter report, which beat expectations but offered weaker forecasts for full-year guidance. Analysts discuss the company's performance and future plans, highlighting the need for immediate improvement and the strategy of trimming inventory and closing underperforming stores. The company's stock fell 27% as it faces challenges in its turnaround story and delays in expected improvements.
