* Foot Locker second-quarter earnings/shr $0.38 vs est $0.33
* Foot Locker second-quarter revenue $1.37 bln vs est $1.35
* Hibbett Sports second-quarter earnings/shr $0.30 vs est
* Hibbett Sports second-quarter revenue $165.4 mln vs est
* Shares up 6 pct in premarket trade
Aug 17 Sports footwear retailer Foot Locker
Inc's results beat Wall Street estimates for eight
quarters in a row as more customers flocked to the company's
stores, sending its shares up 6 percent before the bell.
The retailer, which sells branded shoes of Nike Inc,
Reebok and Adidas AG, has better managed its
inventory levels over the past few quarters and has benefited
from new and eye-catching designs of athletic gear.
The company -- whose products include basketball, running,
and casual footwear, as well as apparel and accessories -- said
profit rose to $59 million, or 39 cents per share, from $37
million, or 24 cents per share, a year earlier.
On an adjusted basis, the retailer posted a profit of 38
cents per share beating analysts' estimates by 5 cents,
according to Thomson Reuters I/B/E/S.
The company, which runs chains including Champs Sports and
Footaction, said revenue rose 7.2 percent to $1.37 billion,
above the average Wall Street estimate of $1.35 billion.
Foot Locker said comparable-store sales rose 9.8 percent.
Separately, sports good retailer Hibbett Sports Inc
also posted second-quarter profit that beat estimates by 2
cents, helped by margin improvement, and raised its full-year
New York-based Foot Locker's shares, which have risen about
45 percent this year, were up about 5 percent at $36.08 in
premarket trading. They closed at $34.49 on Thursday on the New
York Stock Exchange.
Shares of Hibbett Sports closed at $61.80 on Thursday, on