Categories AlphaGraphs, Consumer, Earnings
FL Earnings: Foot Locker reports net loss for Q2 2024, despite an increase in sales
Foot Locker, Inc. (NYSE: FL) has reported a net loss for the second quarter of 2024 when the footwear retailer’s sales increased modestly.
Revenues increased 2% annually to $1.90 billion in the second quarter. Excluding the effect of foreign exchange rate fluctuations, sales rose by 2.5%. Comparable-store sales were up 2.6%.
The company reported a net loss of $12 million or $0.13 per share for the July quarter, on a reported basis, compared to a loss of $5 million or $0.05 per share in the corresponding prior-year period. On an adjusted basis, net loss was $0.05 per share in Q2, compared to a profit of $0.04 per share in the prior-year quarter.
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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
