Foot Locker investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.
Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of Foot Locker, Inc. (NYSE: FL) (“Foot Locker”) securities.
On May 19, 2023, Foot Locker disclosed that the company’s sales have “softened meaningfully given the tough macroeconomic backdrop, causing us to reduce our guidance for the year as we take more aggressive markdowns to both drive demand and manage inventory.”
Following this news, Foot Locker’s stock price fell on May 19, 2023, to close at $30.21, compared to a close of $41.52 on May 18, 2023.
If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com.