Foot Locker (FL) Misses Q1 EPS by 8c; Sharply Lowers Guidance

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Foot Locker (FL) plunges 18% on miss and lower guidance

May 19, 2023 6:53 AM EDT

Foot Locker (NYSE: FL) plunges 18% on miss and lower guidance:

FL reported Q1 EPS of $0.70, $0.08 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.99 billion.FL sees FY2023 EPS of $2.00-$2.25,... More