FL - Foot Locker +13% After Q1 Earnings - Here's Why | Benzinga
Foot Locker, Inc. (NYSE:FL) shares are trading higher in the premarket session on Thursday.
The company reported first-quarter adjusted earnings per share of 22 cents, beating the street view of 12 cents. Quarterly sales of $1.874 billion, missing the street view of $1.880 billion.
Total sales decreased 2.8% year over year, while comparable sales fell 1.8%. In the quarter under review, Global Foot Locker and Kids Foot Locker comparable sales increased 1.1%.
“Through our Lace Up Plan, we are strengthening our brand partnerships, enhancing customer engagement through digital and loyalty investments, and solidifying our position at the intersection of basketball and ...