Foot Locker (FL) Misses Q2 EPS by 1c; Comps up 0.8%

Foot Locker (NYSE: FL) reported Q2 EPS of $0.66, $0.01 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.82 billion.

Second quarter comparable-store sales increased 0.8 percent

"While our results in the second quarter did come in at the low end of our expectations, we saw improvement in our performance as we moved through each month of the quarter," said Richard Johnson, President and Chief Executive Officer. "We remain deeply connected with sneaker and youth culture, and believe this positive momentum exiting the quarter has us well positioned for the back-to-school period and beyond. Further, our team continues to make meaningful progress against our long-term strategic imperatives."

For earnings history and earnings-related data on Foot Locker (FL) click here.

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