Foot Locker (FL) Tops Q2 EPS by 25c; Lowers Guidance

Foot Locker (NYSE: FL) reported Q2 EPS of $1.10, $0.25 better than the analyst estimate of $0.85. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.08 billion.

GUIDANCE:

Expect to achieve the lower end of original earnings guidance range. Foot Locker sees FY2022 EPS of $4.25-$4.45, versus the prior of upper end of $4.25-$4.60. Sees revenue down 6-7% versus upper end of down 4-6%.

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

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