Foot Locker, Inc. (NYSE: FL), a primary footwear and apparel retailer, reported an online loss for the first quarter of 2025, compared with a income remaining 12 months. Product sales declined 5% YoY in Q1.

Web product sales decreased 4.6% yearly to $1.79 billion throughout the first quarter. Excluding the influence of worldwide alternate cost fluctuations, full product sales decreased by 4.5%.

On an adjusted basis, the company reported an absence of $0.07 per share for the April quarter, compared with earnings per share of $0.22 throughout the prior-year quarter. On an unadjusted basis, internet loss was $363 million or $3.81 per share in Q1, compared with a income of $8 million or $0.09 per share throughout the corresponding prior-year interval.

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