FOOT LOCKER, INC. REPORTS 2022 SECOND QUARTER RESULTS; UPDATES 2022 OUTLOOK

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Foot Locker (FL) Announces Richard A. Johnson To Retire As Chairman And Ceo; Mary N. Dillon Appointed As Ceo, Effective September 1

August 19, 2022 6:58 AM EDT

Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or "the Company"), the New York-based specialty athletic retailer, today announced that, as part of a planned succession process, Richard A. Johnson will retire as President and Chief Executive Officer, effective September 1, 2022. Mary N. Dillon, former Executive Chair and CEO of Ulta Beauty, Inc., has been appointed President and Chief Executive Officer and a member of the Foot Locker Board, also effective September 1, 2022.

Johnson will continue as Executive Chairman of the Board through January 31, 2023, and will step down from the Board at that time,... More

Foot Locker (FL) Tops Q2 EPS by 25c; Lowers Guidance

August 19, 2022 6:43 AM EDT

Foot Locker (NYSE: FL) reported Q2 EPS of $1.10, $0.25 better than the analyst estimate of $0.85. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.08 billion.

GUIDANCE:

Expect to achieve the lower end of original earnings... More