Foot Locker (FL) April Comps Up 0.5%; Guides Below
Tweet
Share
E-mailGet Alerts FL Hot Sheet
Join SI Premium – FREE
Foot Locker, Inc. (NYSE: FL) said for the 13-week period ended April 29, 2006 comparable store sales increased 0.5 percent. Excluding the effect of foreign currency fluctuations, total sales for the 13-week period increased 0.2 percent.
The company said sales fell short of initial expectations and were also negatively impacted by European foreign currency exchange rates which were unfavorable versus the first quarter of last year. As a result, the company currently expects first quarter 2006 earnings will be in the range of $0.36 to $0.37 per share, versus the consensus of $0.39.
The company said sales fell short of initial expectations and were also negatively impacted by European foreign currency exchange rates which were unfavorable versus the first quarter of last year. As a result, the company currently expects first quarter 2006 earnings will be in the range of $0.36 to $0.37 per share, versus the consensus of $0.39.
You May Also Be Interested In
- Apple announced foldable iPhone Duo, starting at $1,999
- Chewy expected to post Q2 sales growth as margin comes under pressure
- iPhone launch preview: What it could mean for Apple stock
Create E-mail Alert Related Categories
Guidance, Hot List, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
