Foot Locker (FL) Misses Q1 EPS by 9c, Comps Increase 4.6%

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Foot Locker, Inc. Reports 2019 First Quarter Results

May 24, 2019 6:45 AM EDT

NEW YORK, May 24, 2019 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, reported today financial results for its first quarter ended May 4, 2019.

First Quarter ResultsNet income for the Company's first quarter of 2019 was $172 million, or $1.52 per share, compared to net income of $165 million, or $1.38 per share in the corresponding prior-year period.  Excluding charges recorded in connection with the Company's pension matter, non-GAAP earnings were $1.53 per share and $1.45 per share for the first quarter of 2019 and 2018, respectively.  A reconciliation of GAAP to non-GAAP results is included in the tables... More