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Foot Locker (FL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-05-30 22:30
For the quarter ended April 2024, Foot Locker (FL) reported revenue of $1.88 billion, down 2.7% over the same period last year. EPS came in at $0.22, compared to $0.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.89 billion, representing a surprise of -0.41%. The company delivered an EPS surprise of +83.33%, with the consensus EPS estimate being $0.12.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Foot Locker (FL) Q1 Earnings Beat Estimates
ZACKS· 2024-05-30 20:55
Foot Locker (FL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 83.33%. A quarter ago, it was expected that this shoe store would post earnings of $0.34 per share when it actually produced earnings of $0.38, delivering a surprise of 11.76%.Over the last four quarters, the company has ...
Foot Locker(FL) - 2025 Q1 - Quarterly Results
2024-05-30 19:00
Exhibit 99.1 | --- | --- | --- | --- | |-------|-------|-------|----------------------------------------------------------| | | | | | | | | | Investor Relations ir@footlocker.com | | | | | Dana Yacyk | | | | | Corporate Communications mediarelations@footlocker.com | FOOT LOCKER, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK ● Total Sales Decreased 2.8%; Comparable Sales Decreased 1.8% ● Global Foot Locker and Kids Foot Locker Comparable Sales Increased 1.1% ● EPS of $0.09 and Non ...
Foot Locker's turnaround is showing signs of life, CEO sees consumers willing to pay full price
cnbc.com· 2024-05-30 18:46
A Foot Locker store in New York, US, on Monday, May 27, 2024. Foot Locker Inc. is scheduled to release earnings figures on May 30.Foot Locker's turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop off that analysts had expected, according to StreetAccount. It also reaffirmed its fiscal year guidance, which projects sales to be in a range of a 1% decline to a 1% gain, compared to a decline of 0.6% that an ...
FOOT LOCKER, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK
Prnewswire· 2024-05-30 18:45
Total Sales Decreased 2.8%; Comparable Sales Decreased 1.8% Global Foot Locker and Kids Foot Locker Comparable Sales Increased 1.1% EPS of $0.09 and Non-GAAP EPS of $0.22 Inventory Decreased 5.6% Year-over-Year Reaffirms First-Half and Full-Year 2024 Non-GAAP EPS Outlook NEW YORK, May 30, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its first quarter ended May 4, 2024. Mary Dillon, President and Chief Executive Off ...
Stay Ahead of the Game With Foot Locker (FL) Q1 Earnings: Wall Street's Insights on Key Metrics
zacks.com· 2024-05-24 22:23
Analysts on Wall Street project that Foot Locker (FL) will announce quarterly earnings of $0.12 per share in its forthcoming report, representing a decline of 82.9% year over year. Revenues are projected to reach $1.89 billion, declining 2.3% from the same quarter last year.The current level reflects a downward revision of 414.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections o ...
Earnings Preview: Foot Locker (FL) Q1 Earnings Expected to Decline
zacks.com· 2024-05-23 23:06
The market expects Foot Locker (FL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 30, 2024, might help the stock move higher if these key numbers are better ...
FOOT LOCKER, INC. TO REPORT FIRST QUARTER FINANCIAL RESULTS ON THURSDAY, MAY 30
Prnewswire· 2024-04-30 18:45
NEW YORK, April 30, 2024 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, plans to report financial results for its first quarter ended May 4, 2024, before the U.S. markets open on Thursday, May 30, 2024. A conference call is scheduled for the same day at 9:00 a.m. ET, during which the Company will provide an update on the business. An investor presentation will be available under the Investor Relations section of the Company's corporate website at footlocker-inc ...
Foot Locker Puts Faith In New Store Concept To Kick On Sneaker Sales
Forbes· 2024-04-26 21:46
新店铺概念 - Foot Locker在新泽西Wayne的Willowbrook Mall推出了全新的零售概念[2] - 新店铺的特点包括新的店面、更新的店内环境、扩展的鞋类和配饰品种、注重可持续性、动态数字装置等[3] - 新店铺设有共享试穿区、专门的“Sneaker Hub”、扩展的全渠道订购以及更多数字技术[5] 公司战略规划 - 公司承认了盈利目标的延迟,并预计到2028年达到8.5%至9%的EBIT利润率[7] - 公司计划到2025年年底前对全球约三分之二的Foot Locker和Kids Foot Locker店铺进行改造[9] - 公司的数字销售渠道已经增强,数字收入现在约占Foot Locker整体销售的20%,目标是到2026年达到25%[10] 市场拓展与合作 - 公司与NBA签订了新的营销协议,并计划进入印度市场[10] - Dillon曾在去年三月宣布与Nike的关系得到了恢复和振兴,尽管公司正在尝试多元化[11] 全球扩张计划 - Foot Locker计划在2024年推出更多Foot Locker新店铺概念的地点,包括纽约市34街的旗舰店[14] - Foot Locker计划在巴黎、墨尔本和德里全球推出重新设计的店铺概念[15] - 公司在2023年三月推出了“Lace Up Plan”以推动增长,该计划包括通过开设新格式和转移离开购物中心来重塑公司的房地产布局[16]
Foot Locker Begins Rollout of ‘Store of the Future'
PYMNTS· 2024-04-25 00:48
Foot Locker has unveiled its “store of the future” in Wayne, New Jersey.This new retail format will inform the footwear and apparel retailer’s global refresh, as information gleaned from it will be incorporated into new stores, Foot Locker said in a Wednesday (April 24) press release.“Our new store concept cements Foot Locker’s position as the leader in sneaker culture by offering an engaging, cutting-edge shopping experience for the sneaker passionate,” Mary Dillon, president and CEO at Foot Locker, said i ...