Foot Locker (FL) PT Bumped to $59 at Piper Jaffray Post Q4

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Foot Locker, Inc. Reports 2014 Fourth Quarter And Full Year Results

March 6, 2015 7:00 AM EST

NEW YORK, March 6, 2015 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its fourth quarter and full year ended January 31, 2015.

Fourth Quarter ResultsThe Company reported net income of $146 million for the 13 weeks ended January 31, 2015.  This equates to earnings of $1.01 per share, an increase of 25 percent over earnings per share of $0.81 for the 13-week period ended February 1, 2014. 

Fourth quarter comparable-store sales increased 10.2 percent. Total fourth quarter sales increased 6.7 percent, to $1,911 million this year, compared with sales of $1,791 million in 2013.... More