Foot Locker (FL) Reinstates $0.15 Quarterly Dividend; 2.2% Yield
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Foot Locker, Inc. Reports 2020 Second Quarter Results; Board Of Directors Reinstates Quarterly Dividend Program
August 21, 2020 6:45 AM EDTNEW YORK, Aug. 21, 2020 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended August 1, 2020.
Second Quarter Results Net income for the Company's second quarter of 2020 was $45 million, or $0.43 per share, compared to net income of $60 million, or $0.55 per share in the corresponding prior-year period. Included in these results are the following pre-tax charges: 1) $19 million related to the wind down of the Runners Point banner and the Eastbay restructuring, 2) $18 million for costs incurred in connection with the recent... More
