Foot Locker (FL) Tops Q4 EPS by 9c

Foot Locker (NYSE: FL) reported Q4 EPS of $1.00, $0.09 better than the analyst estimate of $0.91. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.87 billion.

Fourth quarter comparable-store sales increased 10.2 percent. Total fourth quarter sales increased 6.7 percent, to $1,911 million this year, compared with sales of $1,791 million in 2013. Excluding the effect of foreign currency fluctuations, total sales for the fourth quarter increased 10.1 percent.

The Company opened 86 new stores, remodeled/relocated 319 stores, and closed 136 stores during fiscal 2014. As of January 31, 2015, the Company operated 3,423 stores in 23 countries in North America, Europe, Australia, and New Zealand. In addition, 51 franchised Foot Locker stores were operating in the Middle East and South Korea, as well as 27 franchised Runners Point and Sidestep stores in Germany and Switzerland.

For earnings history and earnings-related data on Foot Locker (FL) click here.

You May Also Be Interested In

• BofA lists top 5 themes driving next $1tn in incremental semi sales
• OneMain (OMF) Reiterated at Market Outperform by Citizens on Updated Estimates
• Amylyx ALS drug shows no serious adverse events in Phase 1 trial