Foot Locker reports revenue beat, reaffirms outlook

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FOOT LOCKER, INC. REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK; ANNOUNCES STRATEGIC UPDATES IN SUPPORT OF LACE UP PLAN

August 28, 2024 6:45 AM EDT

Returned to Topline Growth with Total Sales Up 1.9% and Comparable Sales Up 2.6%Achieved Gross Margin Expansion of 50 Basis Points Year-over-Year Loss of $0.13 per Share and Non-GAAP Loss of $0.05 per ShareInventory Decreased 10.0% Year-over-YearReaffirms Full-Year 2024 Non-GAAP EPS Outlook Further Streamlining International Operations and Optimizing Corporate Office Footprint

NEW YORK, Aug. 28, 2024 /PRNewswire/ --... More