Operating Leverage and Growth Drive Foot Locker (FL) to 4Q EPS Beat - Brean Capital Reiterates Buy
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Foot Locker (FL) 4Q Better Than Outlook Implies - PiperJaffray
February 29, 2016 6:56 AM ESTPiper Jaffray analyst, Erinn Murphy cut projected 1Q EPS on Foot Locker (NYSE: FL) to $1.41 (vs. $1.45 prior) to reflect incremental spend from the headquarter relocation during the quarter. However, full year is unchanged at $4.75 as strength in the underlying business offsets higher than expected one time costs.
Adjusted EPS was $1.16 vs. the Street's $1.12. Comp-store sales were up 7.9%, which compares to the Street's published 5.9% gain. Total sales growth of 5% included a 380bps FX headwind; constant-currency sales growth was up 8.8%. Inventory was up... More
Foot Locker (FL) Tops Q4 EPS by 4c; Comps up 7.9%
February 26, 2016 6:45 AM ESTFoot Locker (NYSE: FL) reported Q4 EPS of $1.16, $0.04 better than the analyst estimate of $1.12. Revenue for the quarter came in at $2.01 billion versus the consensus estimate of $2 billion.
Comps rose 7.9 percent, versus consensus expectations of up 6.2 percent.
For earnings history and earnings-related data on Foot Locker (FL) click here.
... MoreTrading Radar for 2/26: JCPenney (JCP), Foot Locker (FL), Sotheby's (BID), WP Glimcher (WPG) Report
February 25, 2016 2:20 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
Earnings:
Accuride (NYSE: ACW) - consensus loss $0.03
Alere (NYSE: ALR) - consensus EPS $0.58
American Tower (NYSE: AMT) - consensus EPS $1.23
Breitburn Energy Partners (Nasdaq:... More
