Foot Locker (FL) Reports In-Line Q2 EPS; Slashes EPS outlook, pauses dividend

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Go back to Foot Locker (FL) Reports In-Line Q2 EPS; Slashes EPS outlook, pauses dividend

Foot Locker (FL) Pauses Dividend, Lowers Guidance

August 23, 2023 6:47 AM EDT

Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended July 29, 2023.

Mary Dillon, President and Chief Executive Officer, said, "Our second quarter was broadly in line with our expectations, despite the still-tough consumer backdrop. However, we did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers, while... More