Foot Locker (FL) Tops Q4 EPS by 17c, Comps Up 9.7%, Sees Double-digit Percentage Increase in EPS

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Go back to Foot Locker (FL) Tops Q4 EPS by 17c, Comps Up 9.7%, Sees Double-digit Percentage Increase in EPS

Foot Locker, Inc. Reports 2018 Fourth Quarter And Full Year Results

March 1, 2019 6:45 AM EST

NEW YORK, March 1, 2019 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, reported today financial results for its fourth quarter and fiscal year ended February 2, 2019.

Fourth Quarter ResultsThe Company reported net income of $158 million, or $1.39 per share, for the 13 weeks ended February 2, 2019, compared to a net loss of $49 million, or $0.40 per share, for the 14 weeks of fiscal 2017.  On a non-GAAP basis, the Company earned $1.56 cents per share, a 37 percent increase over the comparable 13-week non-GAAP earnings per share of $1.14 in 2017.

Fourth quarter comparable-store sales increased 9.7... More