Revenues down as Foot Locker prepares for Dick’s takeover
30/05/2025
Athletic footwear retailer Foot Locker has reported revenues of just under $1.8 billion for the first quarter of its current business year, the period ending May 3, 2025.
This figure represents a fall of 4.5% compared to the same quarter last year.
On releasing the figures, chief executive, Mary Dillon, said the group had experienced “softer traffic trends globally”. She said Foot Locker would continue to leverage brand partnerships “to generate excitement for our customers”.
Sporting goods retail group Dick’s announced on May 15 that it will acquire Foot Locker.
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