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Foot Locker Slashes Its Outlook and Suspends Dividend. The Stock Sinks.

Foot Locker Slashes Its Outlook and Suspends Dividend. The Stock Sinks.

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Foot Locker


stock plunged on Wednesday as investors kicked around a bevy of bad news. The shoe and sportswear retailer missed expectations for second-quarter sales, slashed its full-year outlook again, and paused its dividend.

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