Foot Locker, Inc. (NYSE: FL), a number one footwear and attire retailer, reported a internet loss for the primary quarter of 2025, in comparison with a revenue final yr. Gross sales declined 5% YoY in Q1.
Internet gross sales decreased 4.6% yearly to $1.79 billion within the first quarter. Excluding the impact of international trade fee fluctuations, complete gross sales decreased by 4.5%.
On an adjusted foundation, the corporate reported a lack of $0.07 per share for the April quarter, in comparison with earnings per share of $0.22 within the prior-year quarter. On an unadjusted foundation, internet loss was $363 million or $3.81 per share in Q1, in comparison with a revenue of $8 million or $0.09 per share within the corresponding prior-year interval.
