Foot Locker Inc

NYSE:FL  
40.04
+0.87 (+2.22%)
4:54:06 PM EDT: $40.06 +0.02 (+0.05%)
Positive Earnings Pre-Announcement

Foot Locker Inc Updates 2022 Outlook

Published: 11/18/2022 12:24 GMT
Foot Locker Inc (FL) - Foot Locker, Inc. Reports 2022 Third Quarter Results; Updates 2022 Outlook.
Q3 Same Store Sales Rose 0.8 Percent.
Ytd Same Store Sales Fell 3.9 Percent.
Q3 Earnings per Share $1.01.
Q3 Non-GAAP Earnings per Share $1.27.
As of October 29, 2022, Merchandise Inventories Were $1,685 Million, Up 29.5% Compared to End of Q3 Last Year.
Increases Outlook for Q4 and Full Year.
Q3 Earnings per Share View $1.11, Revenue View $2.09 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees FY 2022 Total Sales Down 4% to 5%.
Sees FY 2022 Adjusted Earnings per Share $4.42 - $4.50.
Sees FY 2022 Comp Sales Down 4% to 5%.
FY2022 Earnings per Share View $7.56, Revenue View $8.95 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $2.14 Billion
Adjusted EPS is expected to be $0.49

Next Quarter Revenue Guidance is expected to be $2.04 Billion
Next Quarter EPS Guidance is expected to be $1.20

More details on our Analysts Page.