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Foot Locker’s Q4 Sales Drop on Weak Holiday Demand

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A single-day sales record couldn’t fully offset weak holiday sales in Q4 for Foot Locker, which reported full-year net income lower than the prior fiscal year. In a Nutshell: Sales at the athletic footwear and apparel giant reached $8 billion for the first time, the company said Friday, and earnings exceeded Wall Street estimates. Foot Locker…

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