Company Earnings UpdateFoot Locker (NYSE: FL) 2Q19 Results: Misses Consensus Estimates, Maintains Guidance Coresight Research August 27, 2019 Executive Summary Foot Locker 2Q19 revenues were $1.77 billion, down 0.4% year over year and below the consensus estimate of $1.82 billion. The company reported 2Q19 adjusted EPS of $0.66, down 12% from the year-ago period and below the consensus estimate of $0.67. Comparable sales increased 0.8% for the quarter, lower than the consensus estimate of 3.1%. Management affirmed its earnings per share guidance of growth in high-single digits, compared to the consensus estimate of 4.7%. Foot Locker expects SG&A to be up 10 to 30 basis points. 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: Earnings Insights 1Q25: Wrap-Up—Growth Outpaces Declines Across Most SectorsEarnings Insights 1Q25, Week 1: Mixed Results from LVMH, Nestlé, P&G and Others Amid Heightened Tariff Concerns—InfographicHoliday Shopping Starts in the Summer: Tariffs Trigger Ultra-Early Holiday Shopping in 2025—Data GraphicAnalyst Corner: Three Themes Transforming US Apparel and Footwear Retail in 2025, with Anand Kumar
