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Foot Locker Inc (FL.N)

FL.N on New York Stock Exchange

59.82USD
26 May 2017
Change (% chg)

$0.16 (+0.27%)
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$59.66
Open
$59.57
Day's High
$59.94
Day's Low
$59.07
Volume
334,765
Avg. Vol
489,807
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$79.40
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$50.90

Latest Key Developments (Source: Significant Developments)

Foot Locker Q1 earnings per share $1.36
Friday, 19 May 2017 06:45am EDT 

May 19 (Reuters) - Foot Locker Inc ::Foot Locker, Inc. Reports 2017 first quarter results.Q1 earnings per share $1.36.Q1 earnings per share view $1.38 -- Thomson Reuters I/B/E/S.Foot Locker Inc - at april 29, 2017, company's merchandise inventories were $1,279 million, 1.5 percent higher than at end of q1 last year.Foot Locker Inc says q1 comparable-store sales increased 0.5 percent.Foot Locker says excluding effect of foreign currency fluctuations, total sales for q1 increased 1.8 percent.Foot Locker says q1 gross margin rate decreased to 34.0 percent of sales from 35.0 percent a year ago.Foot Locker - "believe our inventory is still well positioned to drive improved top line results over balance of year".Foot Locker -"we are aggressively reviewing and implementing opportunities to lower expenses as we work to achieve a mid-single digit eps increase for full year".Foot Locker qtrly sales $2,001 million versus $1,987 million last year.Foot Locker says "first quarter was one of our most profitable quarters ever, but it did fall short of our original expectations".Q1 revenue view $2.02 billion -- Thomson Reuters I/B/E/S.  Full Article

Foot Locker updates outlook for Q1 and full year 2017
Thursday, 20 Apr 2017 06:45am EDT 

April 20 (Reuters) - Foot Locker Inc :Foot Locker, Inc. updates outlook for first quarter and full year 2017.Foot Locker Inc says expects earnings in Q1 ending April 29 to be equal to or slightly below last year's record earnings, or $1.36 to $1.39 per share.Comparable store sales in Q1 are expected to increase at a low-single digit percentage rate.Updated its Q1 and full year 2017 outlook in light of previously noted slow start to fiscal year in February.Foot Locker - Sluggish Q1 is expected to result in revised full-year earnings per share percentage increase in mid-single digits, excluding 53(rd) week.Foot Locker - Delay in issuance of majority of income tax refund checks until after nba all-star game signifcantly affected Feb comparable store sales.Foot Locker Inc says "disappointed in overall sales performance in Q1".  Full Article

Foot Locker Announces Exclusive WWE product launch
Tuesday, 21 Mar 2017 11:56am EDT 

Foot Locker Inc :Partnership with WWE to bring limited-edition footwear and apparel to select Foot Locker stores.  Full Article

Foot Locker posts Q4 adj. earnings per share $1.37
Friday, 24 Feb 2017 06:45am EST 

Foot Locker Inc : Foot Locker, Inc reports 2016 fourth quarter and full year results . Q4 same store sales rose 5 percent . Q4 non-GAAP earnings per share $1.37 excluding items . Q4 earnings per share view $1.32 -- Thomson Reuters I/B/E/S . Foot Locker Inc - excluding effect of foreign currency fluctuations, total sales for Q4 increased 6.1 percent . Foot Locker Inc - at January 28, 2017, company's merchandise inventories were $1,307 million, 1.7 percent higher than at end of Q4 last year . Foot Locker Inc - qtrly sales $2,113 million versus $2,007 million . Foot Locker Inc - "currently face a softer sales environment than at this time last year" . Foot Locker Inc - planning for a mid-single digit comparable sales gain and a double-digit earnings per share increase for full year of 2017 . Q4 earnings per share $1.42 .Q4 revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Foot Locker, Inc. reports 2016 third quarter results
Friday, 18 Nov 2016 06:45am EST 

Foot Locker Inc : Foot Locker inc says excluding effect of foreign currency fluctuations, total sales for Q3 increased 5.5 percent . Q3 same store sales rose 4.7 percent . FY2017 earnings per share view $4.76 -- Thomson Reuters I/B/E/S . Foot Locker - financial position at October 29, 2016, company's merchandise inventories were $1,361 million, 1.9 percent higher than at end of Q3 last year . Q3 sales rose 5.1 percent to $1.89 billion . Foot Locker Inc says Q3 gross margin rate improved to 33.9 percent of sales from 33.8 percent a year ago . Foot Locker inc says excluding effect of foreign currency fluctuations, total sales for Q3 increased 5.5 percent . Foot Locker-remain well on track to achieve annual guidance of mid-single digit comparable-store sales gain and double-digit earnings per share growth . Q3 earnings per share view $1.10, revenue view $1.89 billion -- Thomson Reuters I/B/E/S . Q3 non-GAAP earnings per share $1.13 . Q3 earnings per share view $1.10 -- Thomson Reuters I/B/E/S . Foot Locker, Inc. Reports 2016 third quarter results .Q3 gaap earnings per share $1.17.  Full Article

Foot Locker Q2 EPS $0.94
Friday, 19 Aug 2016 06:45am EDT 

Foot Locker Inc : Foot Locker, Inc. Reports 2016 second quarter results . Q2 same store sales rose 4.7 percent . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Foot locker inc says excluding effect of foreign currency fluctuations, total sales for q2 increased 5.4 percent . At July 30, 2016, company's merchandise inventories were $1,339 million, 1.7 percent higher than at end of q2 last year . Q2 sales $ 1.78 billion versus $1.7 billion last year .Q2 revenue view $1.76 billion -- Thomson Reuters I/B/E/S.  Full Article

Foot Locker Q1 earnings per share $1.39
Friday, 20 May 2016 06:48am EDT 

Foot Locker Inc : Excluding effect of foreign currency fluctuations, total sales for q1 increased 3.9 percent . At april 30, 2016 , company's merchandise inventories were $1,260 million , 2.1 percent higher than at end of q1 last year . Remain confident can achieve a mid-single digit comparable sales gain and a double-digit earnings per share increase for 2016 . Foot locker, inc. Reports 2016 first quarter results . Q1 earnings per share $1.39 . Q1 same store sales rose 2.9 percent . Q1 earnings per share view $1.39 -- Thomson Reuters I/B/E/S .Q1 sales $1.987 billion versus i/b/e/s view $2 billion.  Full Article

Foot Locker elects Richard Johnson as chairman of board
Wednesday, 18 May 2016 04:32pm EDT 

Foot Locker Inc : Johnson succeeds Nicholas Dipaolo, who has served as chairman of board for past year . In conjunction with this transition, board of directors also elected Dona Young as lead director . Dipaolo will remain on board of directors until completion of his term in May, 2017 . Board also declared a quarterly cash dividend on company's common stock of $0.275 per share .Foot locker, Inc. Elects Richard Johnson to additional position of chairman of the board and elects Dona D. Young as lead director.  Full Article

Foot Locker, Inc declares dividend
Wednesday, 18 Nov 2015 04:11pm EST 

Foot Locker, Inc:Declares quarterly cash dividend on the Company's common stock of $0.25 per share, which will be payable on Jan. 29, 2016 to shareholders of record on Jan. 15, 2016.  Full Article

Foot Locker Provides Pension Plan Litigation Update
Wednesday, 30 Sep 2015 04:15pm EDT 

Foot Locker:Intends to appeal a U.S. District Court decision issued late yesterday in favor of the plaintiff in the case of Osberg v. Foot Locker, Inc., et al.Involves claims related to the conversion of the company's pension plan in 1996 to a defined benefit plan with a cash balance formula.company disagrees with the decision.Given the company's intention to appeal, no further comments on this case from the company or its executives will be available until further notice.  Full Article

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BRIEF-Foot Locker Q1 earnings per share $1.36

* Q1 earnings per share view $1.38 -- Thomson Reuters I/B/E/S