Foot Locker records losses despite sales rise

Foot-Locker

New York-based sports retailer Foot Locker has reported a net loss, despite sales being ahead of expectation in the fourth quarter of 2023.

The sports retailer posted a net loss of $389m (£304.8m) for the 53 weeks to February 2023, down from the $19m (£14.9m) profit the business reported during the same period last year.

 

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