Nike’s Q3 results could weigh on Foot Locker near-term, says Jefferies
Q3 results were slightly better than expectations but 9% lower year over year, and while the company is returning to its roots, ...
Foot Locker results show the sneaker industry — and Nike — still have more pain ahead
Foot Locker is expecting profits to be under pressure in fiscal 2025, indicating steep discounts are still present across the industry, especially at Nike.