Foot Locker (FL) Reports In-Line Q2 EPS; Slashes EPS outlook, pauses dividend

Foot Locker (NYSE: FL) reported Q2 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.88 billion.

Pausing Dividend to Enhance Flexibility

GUIDANCE:

Foot Locker sees FY2024 EPS of $1.30-$1.50, versus the consensus of $2.01. Sees sales down 8-9%, versus down 6.5-8% prior

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

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