Wednesday, May 23, 2007

UPDATE 1-Foot Locker 1st-quarter net income falls sharply

(Reuters) - The largest retailer of athletic shoes and apparel said its
first-quarter net income was $17 million, or 11 cents per
share, compared with $59 million, or 38 cents per share, a year
earlier, the company said.




Net sales slipped 3.6 percent to about $1.32 billion from
about $1.4 billion a year earlier.


Read more at Reuters.com Market News

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