Foot Locker (FL) Misses Q1 EPS by 9c, Comps Increase 4.6%

(Updated - May 24, 2019 6:49 AM EDT)

Foot Locker (NYSE: FL) reported Q1 EPS of $1.53, $0.09 worse than the analyst estimate of $1.62. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2.11 billion.

• First quarter comparable-store sales increased 4.6 percent.
• Reiterates Full-Year Comparable-Store Sales, Gross Margin and SG&A Outlook
• Financial OutlookThe Company is on track with its previously stated full-year outlook, including sales, gross margin, and SG&A; however, earnings per share are now expected to be up high-single digits based on the share repurchase activity to date.

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

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