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Are Financially Constrained Firms Bad Audit Clients?
Audit assurance becomes more valuable for financially constrained businesses as they face operational and financial uncertainty.
By
Ahmet Kurt
| February 7, 2023
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Financial Performance
Foot Locker Shares Dive on Q2 Sales Miss
Same-store sales rose only 0.5% but the company remains confident it will deliver stronger growth in the second half of 2018.
By
Matthew Heller
| August 24, 2018
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Financial Performance
Foot Locker Beats Estimates, Stock Climbs 26%
The struggling retailer's key metrics all declined in Q3 but Wall Street was expecting a "much more severe fall from grace."
By
Matthew Heller
| November 17, 2017
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Financial Performance
Foot Locker Shares Dive on Big Earnings Miss
The company's CEO faults its suppliers for its Q2 results, saying there was "limited availability of innovative new products in the market."
By
Matthew Heller
| August 21, 2017
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