Category: Footwear Magazine

Updates

Foot Locker Q3 Earnings Top Wall Street Targets

Richard Johnson, chairman and CEO, said in a statement, “Despite the highly promotional environment we still see in the marketplace, the availability of premium product is gradually improving compared to the first half of the year, and we believe we can achieve, and perhaps modestly exceed, the top- and bottom-line guidance we gave for the fourth quarter back in August.”

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Sportsman’s Warehouse Lowers Guidance On Margin Concerns

John Schaefer, chief executive officer, stated, “While the difficult firearm comparisons that we anniversaried through the first three quarters of fiscal year 2017 will be behind us, we expect a heightened promotional environment which we are reflecting in our sales and margin outlook.”

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