An employee arranges a sneaker display at a Foot Locker Inc. store inside the South Park Mall in Strongsville, Ohio.

Check out the companies making headlines midday Friday:

Foot Locker — Shares of Foot Locker were down 16% after the shoe retailer reported adjusted quarterly earnings per share that were 7 cents below expectations. Sales also came in below forecasts, and an increase in same-store sales of 4.6% missed estimates of analysts polled by Refinitiv.