Foot Locker (FL) Reinstates $0.15 Quarterly Dividend; 2.2% Yield

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Foot Locker (FL) Tops Q2 EPS by 14c, Reinstates Dividend

August 21, 2020 6:47 AM EDT

Foot Locker (NYSE: FL) reported Q2 EPS of $0.71, $0.14 better than the analyst estimate of $0.57. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2 billion.

Second quarter comparable-store sales increased 18.6 percent.With the strong liquidity position and... More