Foot Locker (FL) Warns for Q1
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Foot Locker, Inc. Updates Outlook For First Quarter And Full Year 2017
April 20, 2017 6:45 AM EDTNEW YORK, April 20, 2017 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today updated its first quarter and full year 2017 outlook in light of the previously noted slow start to the fiscal year in February. The Company currently expects earnings in the first quarter ending April 29 to be equal to or slightly below last year's record earnings, or $1.36 to $1.39 per share. Comparable store sales in the first quarter are expected to increase at a low-single digit percentage rate. For the remaining three quarters of the year, the... More
