Categories AlphaGraphs, Consumer, Earnings
FL Earnings: Foot Locker reports lower adj. earnings for Q4 2023; sales up 2%
Specialty athletic retailer Foot Locker, Inc. (NYSE: FL) Wednesday announced financial results for the fourth quarter of 2023, reporting a decrease in adjusted earnings and a modest rise in revenues.
Total revenues moved up 2% annually to $2.38 billion in the fourth quarter. Excluding the effect of foreign exchange rate fluctuations, sales increased 1.5%. Comparable-store sales were down 0.7%.
The company reported a net loss of $389 million or $4.13 per share for the January quarter, on a reported basis, compared to net income of $19 million or $0.20 per share in the corresponding prior-year period. On an adjusted basis, earnings declined sharply to $0.38 per share in Q4 from $0.97 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
