May 30, 2018 4 minutes

Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on Comps

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

Foot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate.
Comps declined by 2.8%, beating the consensus estimate of a 3.9% decline.
Management did not update guidance, however, it commented that it expects comps to turn positive during the year.

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