Categories AlphaGraphs, Consumer, Earnings
FL Earnings: Foot Locker Q3 2024 adj. profit rises; sales down 1%
Foot Locker, Inc. (NYSE: FL), a leading footwear and apparel retailer, reported an increase in adjusted profit for the third quarter of 2024 and a modest decrease in sales.
Net sales decreased 1% annually to $1.96 billion in the third quarter. Excluding the effect of foreign exchange rate fluctuations, sales dropped by 2.2%. Comparable-store sales were up 2.4%.
On an adjusted basis, net income increased 10% year-over-year to $0.33 per share in the October quarter. On an unadjusted basis, the company reported a net loss of $33 million or $0.34 per share for Q3, compared to a profit of $28 million or $0.30 per share in the corresponding prior-year period.
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
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products