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Foot Locker Inc (FL.N)

FL.N on New York Stock Exchange

58.37USD
18 Jan 2019
Change (% chg)

$0.78 (+1.35%)
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Latest Key Developments (Source: Significant Developments)

Foot Locker Inc. Announces Strategic Investment In Pensole Footwear Design Academy
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Foot Locker Inc ::FOOT LOCKER, INC. ANNOUNCES STRATEGIC INVESTMENT IN PENSOLE FOOTWEAR DESIGN ACADEMY TO FURTHER FUEL THE FUTURE OF FOOTWEAR.FOOT LOCKER INC - MADE A $2 MILLION STRATEGIC INVESTMENT IN PENSOLE INC.  Full Article

Foot Locker Inc Reports 2018 Third Quarter Results
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Foot Locker Inc ::FOOT LOCKER, INC. REPORTS 2018 THIRD QUARTER RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.95.Q3 EARNINGS PER SHARE $1.14.Q3 SAME STORE SALES ROSE 2.9 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.92 -- THOMSON REUTERS I/B/E/S.Q3 SALES $1.86 BILLION VERSUS I/B/E/S VIEW $1.85 BILLION.TOTAL Q3 SALES DECREASED 0.5 PERCENT, TO $1,860 MILLION THIS YEAR.AS OF NOVEMBER 3, 2018, COMPANY'S MERCHANDISE INVENTORIES WERE $1,305 MILLION, 0.6 PERCENT LOWER THAN AT END OF Q3 LAST YEAR.QTRLY ADJUSTED EARNINGS PER SHARE $0.95.  Full Article

Foot Locker Inc Q2 NON-GAAP Earnings Per Share $0.75
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Foot Locker Inc ::FOOT LOCKER, INC. REPORTS 2018 SECOND QUARTER RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.75 EXCLUDING ITEMS.Q2 SAME STORE SALES ROSE 0.5 PERCENT.Q2 EARNINGS PER SHARE VIEW $0.70 -- THOMSON REUTERS I/B/E/S.Q2 SALES $1.782 BILLION VERSUS I/B/E/S VIEW $1.76 BILLION.EXCLUDING EFFECT OF FOREIGN EXCHANGE RATE FLUCTUATIONS, TOTAL SALES FOR Q2 INCREASED 3.9 PERCENT.FOOT LOCKER - DURING Q2, COMPANY OPENED 13 NEW STORES, REMODELED OR RELOCATED 33 STORES, & CLOSED 21 STORES.FOOT LOCKER - AS OF AUGUST 4, 2018, COMPANY'S MERCHANDISE INVENTORIES WERE $1,254 MILLION, 2.8 PERCENT LOWER THAN AT END OF Q2 LAST YEAR.FOOT LOCKER - REMAIN OPTIMISTIC TO DELIVER STRONGER COMPARABLE SALES GROWTH IN H2 2018.  Full Article

Foot Locker Q1 Earnings Per Share $1.38
Friday, 25 May 2018 

May 25 (Reuters) - Foot Locker Inc ::FOOT LOCKER, INC. REPORTS 2018 FIRST QUARTER RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $1.45.Q1 EARNINGS PER SHARE $1.38.Q1 SAME STORE SALES FELL 2.8 PERCENT.Q1 EARNINGS PER SHARE VIEW $1.25 -- THOMSON REUTERS I/B/E/S.Q1 SALES $2.025 BILLION VERSUS I/B/E/S VIEW $1.96 BILLION.AS OF MAY 5, 2018, COMPANY'S MERCHANDISE INVENTORIES WERE $1,210 MILLION, 5.4 PERCENT LOWER THAN AT END OF Q1 LAST YEAR.EXCLUDING EFFECT OF FOREIGN EXCHANGE RATE FLUCTUATIONS, TOTAL SALES FOR Q1 DECREASED 1.5 PERCENT.QTRLY GROSS MARGIN RATE DECREASED TO 32.9 PERCENT FROM 34 PERCENT A YEAR AGO.USING CONSTANT CURRENCIES, INVENTORY DECREASED 7.1 PERCENT AS OF MAY 5.CONTINUE TO BELIEVE THAT CO POISED TO INFLECT TO POSITIVE COMPARABLE-STORE SALES GROWTH AS CO PROGRESSES THROUGH 2018.  Full Article

Foot Locker reports Q3 non-GAAP earnings per share $0.87
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Foot Locker Inc :Foot Locker Inc reports 2017 third quarter results.Q3 non-GAAP earnings per share $0.87.Q3 sales $1.87 billion versus I/B/E/S view $1.83 billion.Q3 earnings per share $0.81.Q3 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Foot Locker Inc - ‍Q3 comparable-store sales decreased 3.7 percent​.Foot Locker Inc - ‍Q3 results included a $13 million pre-tax charge related to reducing and reorganizing corporate and division staff​.Foot Locker Inc - ‍excluding effect of foreign currency fluctuations, total sales for Q3 decreased 2.3 percent​.Foot Locker Inc - ‍at Oct 28, 2017, co's merchandise inventories were $1,315 million, 3.4 percent lower than at end of Q3 last year​.Foot Locker Inc - qtrly gross margin rate decreased to 31.0 percent of sales from 33.9 percent a year ago​.Foot Locker Inc - ‍during Q3, co opened 12 new stores, remodeled or relocated 41 stores, and closed 22 stores​.Foot Locker Inc - in quarter, ‍within SG&A, company incurred $7 million of hurricane-related costs, majority of which related to damaged or lost inventory​.Foot Locker Inc - ‍despite highly promotional environment still seen in marketplace, "availability of premium product is gradually improving" versus h1 2017.Foot Locker Inc - ‍believe "can achieve", and perhaps "modestly exceed", top- and bottom-line guidance co gave for Q4 back in August​.  Full Article

Foot locker declares quarterly dividend of $0.31 per share
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Foot Locker Inc :Foot Locker Inc declares quarterly dividend of $0.31 per share.  Full Article

Foot Locker says approves new $1.2 bln share repurchase program
Wednesday, 15 Feb 2017 

Foot Locker Inc : Foot Locker, Inc. announces 2017 capital allocation plans . Foot Locker Inc says approves new $1.2 billion share repurchase program . Foot Locker Inc says approves $277 million capital expenditure program for 2017 . Says board of directors declared a quarterly cash dividend on company's common stock of $0.31 per share . Foot Locker Inc - New dividend represents a 13 percent increase over company's previous quarterly per-share amount .Foot Locker Inc - Approved a new 3-year, $1.2 billion common share repurchase program extending through Jan 2020, replacing previous $1 billion program.  Full Article

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