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Foot Locker stock plunges after earnings miss

Yahoo Finance Live's Diane King Hall discusses the drop in Foot Locker shares after reporting a miss on earnings.

Video transcript

DIANE HALL: Quickly, let's check some individual tickers. Shares of Foot Locker nosediving after reporting a big miss on earnings. The athletic retailer says net income totaled $36 million. $0.38 a share down from $132 million a year ago. Sales fell below a billion, and the company slashed its guidance off the back of those lackluster results.