Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.

Foot Locker cut its outlook for the year after third-quarter results missed internal expectations due to higher promotions and soft spending from customers. The sneaker and athletic-wear retailer ...

Foot Locker Inc. is lowering its outlook for the full year as consumers show spending caution and the environment for footwear necessitates more promotions. Shares are down 10% in Wednesday’s ...