Foot Locker reported Q1 sales of $1.79 billion, down 4.6 per cent y-o-y, with comparable sales falling 2.6 per cent.
North America saw a 0.5 per cent drop, while international sales declined 8.5 per cent.
Gross margin decreased by 40 basis points, and SG&A rose 100 basis points as a percentage of sales.
The company opened 9 stores, closed 56, and updated 80 locations.
