Specialty athletic retailer Foot Locker, Inc. (FL) reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also trimmed it adjusted earnings and sales growth guidance for the full-year 2022.
Denim retailer Buckle, Inc. (BKE) also reported a net profit for the second quarter that declined from last year, but topped analysts' expectations, while quarterly net sales increased but missed estimates.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com