US’ Foot Locker projects FY25 sales to grow up to 0.5%, comps up 2.5%
Foot Locker has forecast FY25 sales to range from -1.0 per cent to +0.5 per cent, with comparable sales growth of 1.0-2.5 per cent. FY24 revenue declined by 2.2 per cent to $7.99 billion, though licensing revenue rose by 21.43 per cent. Q4 sales fell 5.8 per cent YoY, but comparable sales grew 2.6 per cent. CEO Mary Dillon remains confident in growth strategies despite market uncertainties.
Foot Locker has forecast FY25 sales to range from -1.0 per cent to +0.5 per cent, with comparable sales growth of 1.0-2.5 per cent.
FY24 revenue declined by 2.2 per cent to $7.99 billion, though licensing revenue rose by 21.43 per cent.
Q4 sales fell 5.8 per cent YoY, but comparable sales grew 2.6 per cent.
CEO Mary Dillon remains confident in growth strategies despite market uncertainties.
