Back in early March, Foot Locker (NYSE: FL)told investors that it saw reasons for optimism that the company would return to modest sales and profit growth at some point in 2018. The footwear retailer had a brutal 2017, after all, as revenue dipped and gross profit margin fell to 31.6% of sales from 33.
9% in the prior year.Foot Locker Is Ready for a Sales Rebound
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