Foot Locker (FL) Tops Q3 EPS by 7c, Comps Decline 3.7%

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Foot Locker, Inc. Reports 2017 Third Quarter Results

November 17, 2017 6:45 AM EST

NEW YORK, Nov. 17, 2017 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its third quarter ended October 28, 2017.

Third Quarter ResultsNet income for the Company's third quarter ended October 28, 2017 was $102 million, or $0.81 per share, compared with net income of $157 million, or $1.17 per share in the same period of 2016. 

Third quarter comparable-store sales decreased 3.7 percent.  Total sales decreased 0.8 percent, to $1,870 million this quarter, compared with sales of $1,886 million for the corresponding prior-year period.  Excluding the effect of foreign currency fluctuations, total... More