Foot Locker (FL) Tops Q3 EPS by 3c, Comps Increase 2.9%

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Foot Locker, Inc. Reports 2018 Third Quarter Results

November 20, 2018 4:05 PM EST

NEW YORK, Nov. 20, 2018 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, reported today financial results for its third quarter ended November 3, 2018.

Third Quarter ResultsNet income for the Company's third quarter ended November 3, 2018 was $130 million, or $1.14 per share, compared to net income of $102 million, or $0.81 per share in the same period of fiscal 2017.

This result included a $2 million million pre-tax charge related to the Company's previously-disclosed pension litigation judgment, offset by $23 million of tax benefits related to last year's tax reform bill... More