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Foot Locker Inc (FL.N)

FL.N on New York Stock Exchange

53.30USD
1:17am IST
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$-1.28 (-2.35%)
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$59.40
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Latest Key Developments (Source: Significant Developments)

Foot Locker Q1 Earnings Per Share $1.38
Friday, 25 May 2018 

May 25 (Reuters) - Foot Locker Inc ::FOOT LOCKER, INC. REPORTS 2018 FIRST QUARTER RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $1.45.Q1 EARNINGS PER SHARE $1.38.Q1 SAME STORE SALES FELL 2.8 PERCENT.Q1 EARNINGS PER SHARE VIEW $1.25 -- THOMSON REUTERS I/B/E/S.Q1 SALES $2.025 BILLION VERSUS I/B/E/S VIEW $1.96 BILLION.AS OF MAY 5, 2018, COMPANY'S MERCHANDISE INVENTORIES WERE $1,210 MILLION, 5.4 PERCENT LOWER THAN AT END OF Q1 LAST YEAR.EXCLUDING EFFECT OF FOREIGN EXCHANGE RATE FLUCTUATIONS, TOTAL SALES FOR Q1 DECREASED 1.5 PERCENT.QTRLY GROSS MARGIN RATE DECREASED TO 32.9 PERCENT FROM 34 PERCENT A YEAR AGO.USING CONSTANT CURRENCIES, INVENTORY DECREASED 7.1 PERCENT AS OF MAY 5.CONTINUE TO BELIEVE THAT CO POISED TO INFLECT TO POSITIVE COMPARABLE-STORE SALES GROWTH AS CO PROGRESSES THROUGH 2018.  Full Article

Foot Locker reports Q3 non-GAAP earnings per share $0.87
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Foot Locker Inc :Foot Locker Inc reports 2017 third quarter results.Q3 non-GAAP earnings per share $0.87.Q3 sales $1.87 billion versus I/B/E/S view $1.83 billion.Q3 earnings per share $0.81.Q3 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Foot Locker Inc - ‍Q3 comparable-store sales decreased 3.7 percent​.Foot Locker Inc - ‍Q3 results included a $13 million pre-tax charge related to reducing and reorganizing corporate and division staff​.Foot Locker Inc - ‍excluding effect of foreign currency fluctuations, total sales for Q3 decreased 2.3 percent​.Foot Locker Inc - ‍at Oct 28, 2017, co's merchandise inventories were $1,315 million, 3.4 percent lower than at end of Q3 last year​.Foot Locker Inc - qtrly gross margin rate decreased to 31.0 percent of sales from 33.9 percent a year ago​.Foot Locker Inc - ‍during Q3, co opened 12 new stores, remodeled or relocated 41 stores, and closed 22 stores​.Foot Locker Inc - in quarter, ‍within SG&A, company incurred $7 million of hurricane-related costs, majority of which related to damaged or lost inventory​.Foot Locker Inc - ‍despite highly promotional environment still seen in marketplace, "availability of premium product is gradually improving" versus h1 2017.Foot Locker Inc - ‍believe "can achieve", and perhaps "modestly exceed", top- and bottom-line guidance co gave for Q4 back in August​.  Full Article

Foot locker declares quarterly dividend of $0.31 per share
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Foot Locker Inc :Foot Locker Inc declares quarterly dividend of $0.31 per share.  Full Article

Foot Locker says approves new $1.2 bln share repurchase program
Thursday, 16 Feb 2017 

Foot Locker Inc : Foot Locker, Inc. announces 2017 capital allocation plans . Foot Locker Inc says approves new $1.2 billion share repurchase program . Foot Locker Inc says approves $277 million capital expenditure program for 2017 . Says board of directors declared a quarterly cash dividend on company's common stock of $0.31 per share . Foot Locker Inc - New dividend represents a 13 percent increase over company's previous quarterly per-share amount .Foot Locker Inc - Approved a new 3-year, $1.2 billion common share repurchase program extending through Jan 2020, replacing previous $1 billion program.  Full Article

Foot Locker Q2 EPS $0.94
Friday, 19 Aug 2016 

Foot Locker Inc : Foot Locker, Inc. Reports 2016 second quarter results . Q2 same store sales rose 4.7 percent . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Foot locker inc says excluding effect of foreign currency fluctuations, total sales for q2 increased 5.4 percent . At July 30, 2016, company's merchandise inventories were $1,339 million, 1.7 percent higher than at end of q2 last year . Q2 sales $ 1.78 billion versus $1.7 billion last year .Q2 revenue view $1.76 billion -- Thomson Reuters I/B/E/S.  Full Article

UPDATE 1-Foot Locker tops forecasts as premium brands sell

May 25 Sneaker and sportswear specialist Foot Locker Inc beat Wall Street sales estimates by the most in at least two years on Friday, citing strong demand for premium products from its top vendors Nike Inc and Adidas AG.