Foot Locker (FL) Misses Q1 EPS by 3c

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Foot Locker, Inc. Reports 2017 First Quarter Results

May 19, 2017 6:45 AM EDT

NEW YORK, May 19, 2017 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, reported today financial results for its first quarter ended April 29, 2017.

First Quarter Results Net income for the Company's first quarter ended April 29, 2017 was $180 million, or $1.36 per share, compared with net income of $191 million, or $1.39 per share in the same period of 2016.

First quarter comparable-store sales increased 0.5 percent.  Total sales increased 0.7 percent, to $2,001 million this year, compared with sales of $1,987 million for the corresponding prior-year period.  Excluding the effect of foreign currency... More