Hurricane Irma Disaster Sends Looters Descending on a Florida Foot Locker: Watch
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As Hurricane Irma pushed further into Florida, footage captured looters breaking into a Foot Locker location in Fort Lauderdale.
Looters in the area were arrested, the Fort Lauderdale police said.
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It's the latest piece of bad news for the athletic apparel retailer, which saw its stock drop 27.9% in one day, the biggest drop since 2008, last month after a dismal quarterly report. Foot Locker earned 62 cents a share on revenue of $1.701 billion, far below analysts' consensus estimates of earnings of 90 cents a share on revenue of $1.8 billion. Same-store sales fell 6% year-over-year. The news prompted a selloff in shares of Nike Inc.
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There's frequently accusations of looting during storms and other natural disasters, with another bout of Irma looting reportedly taking place in Orlando.
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