Retail Giants Cut Forecasts Amid Slumping Sneaker Demand

Dick's Sporting Goods and Foot Locker have lowered earnings projections as consumer spending on athletic footwear declines, causing share prices to drop significantly.

25 Aug, 15:22 — 25 Aug, 15:22

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ReutersVery High2d ago

Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge - Reuters

Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge Reuters

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Retail Giants Cut Forecasts Amid Slumping Sneaker Demand

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Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge - Reuters

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