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Foot Locker Inc. Q2 adjusted earnings Beat Estimates


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(RTTNews.com) - Foot Locker Inc. ( FL ) revealed a profit for its second quarter that climbed from last year.

The company's bottom line totaled $88 million, or $0.75 per share. This compares with $51 million, or $0.39 per share, in last year's second quarter.

Excluding items, Foot Locker Inc. reported adjusted earnings of $88 million or $0.75 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $1.78 billion from $1.70 billion last year.

Foot Locker Inc. earnings at a glance:


-Earnings (Q2): $88 Mln. vs. $81 Mln. last year.
-EPS (Q2): $0.75 vs. $0.62 last year.
-Analysts Estimate: $0.70
-Revenue (Q2): $1.78 Bln vs. $1.70 Bln last year.


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This article appears in: Fundamental Analysis , Stocks , Technology , Earnings
Referenced Symbols: FL ,



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