Market Overview

UPDATE: Foot Locker Posts Upbeat Q3 Profit

Related FL
Petrobas, Foot Locker, Express Scripts: Fast Money Picks For October 26
Cramer Weighs In On Viacom And Foot Locker
All About Demand - Cramer's Mad Money (10/26/16) (Seeking Alpha)

Foot Locker (NYSE: FL) reported a rise in its third-quarter profit.

Foot Locker's quarterly profit surged to $106 million, or $0.69 per share, versus $66 million, or $0.43 per share, in the year-earlier period. Its adjusted profit came in at $0.63 per share.

Its revenue rose 9% to $1.52 billion from $1.39 billion. However, analysts were expecting earnings of $0.54 per share on revenue of $1.5 billion.

Foot Locker shares closed at $31.85 yesterday.

Posted-In: profitEarnings News


Related Articles (FL)

View Comments and Join the Discussion!