Company Earnings UpdateFoot Locker (FL) 4Q17 Results: Misses on Comps, Guides for Flat–Low-Single-Digit Comps in 2018 Coresight Research March 5, 2018 Executive Summary Foot Locker reported 4Q17 adjusted EPS of $1.26, below the $1.37 year-ago figure and above the $1.25 consensus estimate. Revenues were $2.21 billion, up 4.6% year over year and slightly below the $2.22 billion consensus estimate. Comps declined by 3.7%, missing the consensus estimate of a2.4% decline. The company guided for flat–low-single-digit comp growth in FY18, versus the consensus estimate of 1.0%. The company expects its gross margin to recover from the 2017 level and for SG&A to rise by one percentage point. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Shoptalk Spring 2025—Our Takeaways: Coresight Research Premium Subscriber Call, April 2025Analyst Corner: US Grocery Retail—Decoding the $1.6 Trillion Market, with Sujeet NaikInnovator Profile: Veesual—Enhancing the Online Apparel Shopping Journey with Image GenerationFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s Next
