As Foot Locker prepares for its acquisition by Dick’s Sporting Goods, the retailer released a look at its second quarter earnings .
According to the footwear retailer, total sales were down 2.4 percent in the second quarter of fiscal 2025 to $1.85 billion, as compared with sales of $1.90 billion in the second quarter of 2024.
Losses widened in the period as well. The company saw a net loss of $38 million in Q2, as compared with net loss of $12 million in the prior-year period.
What’s more, comparable sales decreased by 2.0 percent in Q2. One bright spot? Comps in North America generated a slight increase of 1.4 percent, which represented an improvement relative to the first quarter.
Additionally, this period represented the fourth consecutive quarter of positive comparable sales