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Shares of Foot Locker plummet, as earnings miss Wall Street estimates


Added 05-24-19 10:02:02am EST - “The retailer is under pressure as shoe companies, like Nike, have worked to sell directly to its customers, bypassing retailers all together.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “Shares of Foot Locker plummet, as earnings miss Wall Street estimates”. Below is an excerpt from the article.

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The retailer is under pressure as shoe companies, like Nike, have worked to sell directly to its customers, bypassing retailers all together.

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