Why Analysts Are Cautious on Foot Locker Ahead of Earnings Next Week
Analysts are taking a cautious view on Foot Locker ahead of the retailer’s earnings report next week. In notes to investors this week, analysts warned that soft Nike sales, a weakened consumer base and a general lack of compelling product (including the absence of Yeezy sneakers) will likely play a role in challenging results for the footwear retailer in Q2. […]