Foot Locker (NYSE: FL) reported Q1 EPS of $1.60, $0.09 better than the analyst estimate of $1.51. Revenue for the quarter came in at $2.18 billion versus the consensus estimate of $2.21 billion.

GUIDANCE:

Foot Locker sees FY2022 EPS at upper end of $4.25-$4.60, versus the consensus of $4.41.

The Company's updated full-year 2022 outlook is summarized in the table below.

Sales Change	Upper end of down 4% to 6%
Comparable Sales Growth	Upper end of down 8% to 10%
Square Footage Growth	Down 1% to 2%
Gross Margin	30.6% to 30.8%
SG&A Rate	20.7% to 20.9%
D&A	~$214 million
Interest	~$20 million
Tax Rate	29-30%
Non-GAAP EPS	Upper end of $4.25-$4.60
Capital Expenditures	Up to $275 million

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