Categories AlphaGraphs, Consumer, Earnings
FL Earnings: Foot Locker Q1 2024 profit declines on lower sales
Foot Locker, Inc. (NYSE: FL) Wednesday reported a decline in profit for the first three months of fiscal 2024 when revenues decreased 3% year-over-year.
Revenues of the specialty athletic retailer decreased 3% annually to $1.87 billion in the first quarter. Excluding the effect of foreign exchange rate fluctuations, sales dropped 2.4%. Comparable-store sales were down 1.8%.
The company reported net income of $8 million or $0.09 per share for the April quarter, on a reported basis, compared to $36 million or $0.38 per share in the corresponding prior-year period. On an adjusted basis, earnings declined sharply to $0.22 per share in Q1 from $0.70 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
USB Earnings: US Bancorp Q1 profit jumps on higher interest income
U.S. Bancorp (NYSE: USB) Wednesday reported a double-digit growth in first-quarter earnings, reflecting an increase in net interest income. Total net revenue increased 3.6% from last year to $7.0 billion
Abbott Laboratories (ABT) Q1 2025 Earnings: Key financials and quarterly highlights
Abbott Laboratories (NYSE: ABT) reported its first quarter 2025 earnings results today. Total sales increased 4% year-over-year to $10.35 billion. Organic sales growth was 6.9%. Net earnings grew 8.2% to
UAL Earnings: Highlights of United Airlines’ Q1 2025 financial results
Aviation giant United Airlines Holdings, Inc. (NYSE: UAL) on Tuesday announced financial results for the first quarter of 2025. Net income, on an adjusted basis, was $0.91 per share in