Categories AlphaGraphs, Consumer, Earnings
FL Earnings: Foot Locker reports lower sales and profit for Q3 2023
Specialty athletic retailer Foot Locker, Inc. (NYSE: FL) Wednesday announced financial results for the third quarter of 2023, reporting a decrease in net sales and adjusted earnings.
Total sales declined 8.6% annually to $1.99 billion in the third quarter. Excluding the effect of foreign exchange rate fluctuations, sales dropped 10%. Comparable-store sales were down 8.0%.
Third-quarter net income was $28 million or $0.30 per share, compared to $96 million or $1.01 per share in the corresponding prior-year period. On an adjusted basis, earnings declined to $0.30 per share in Q3 from $1.27 per share last year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
