Foot Locker (FL) Tops Q4 EPS by 7c

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FOOT LOCKER, INC. REPORTS FOURTH QUARTER 2023 RESULTS; ISSUES 2024 OUTLOOK

March 6, 2024 6:45 AM EST

Total Sales Increased 2.0%; Comparable Sales Decreased 0.7%Foot Locker and Kids Foot Locker North America Comparable Sales Increased +5.2%EPS Loss of $4.13 and Non-GAAP EPS Income of $0.38Inventory Decreased 8.2% Year-over-Year Anticipates Return to Positive Comparable Sales Growth and EBIT Margin Expansion in 20242024 Non-GAAP EPS Guidance of $1.50-$1.70 including a Non-Recurring Charge of $0.10Provides Update on Timing to Achieve Lace Up Plan Financial... More