Monday, July 30, 2007

Foot Locker sees loss in 2nd quarter

(Reuters) - The company also confirmed that it retained Lehman Brothers to advise on strategic alternatives, including inquiries received from private-equity firms.



The largest retailer of athletic shoes and apparel now expects to post a loss of 17 cents to 20 cents a share, compared with its earlier outlook for a profit of 15 cents to 20 cents a share.


Read more at Reuters.com Mergers News

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