Foot Locker's sales recovery continues, but consumer pressures hurt outlook

Core Viewpoint - Foot Locker Inc. shares are declining towards an 18-month low despite improving sales and profitability, as the company provided cautious guidance due to economic uncertainties affecting consumer spending [1] Sales Performance - Comparable sales, which reflect sales from stores open for more than a year, have increased for the third consecutive quarter [1] - The company has implemented strategies to enhance in-store experiences, contributing to this sales growth [1] - Foot Locker expects to see another full year of growth in comparable sales [1]