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
PNC Financial reports higher Q1 2025 revenue and profit
The PNC Financial Services Group, Inc. (NYSE: PNC) reported higher revenues for the first quarter of 2025 when the financial services company's earnings increased by double digits. Net income attributable
Earnings: Citigroup (C) Q1 profit rises on higher revenues, beats estimates
Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected revenue and earnings for the first quarter of 2025. Both revenues and net income increased year-over-year. In the March quarter, net profit was
Bank of America (BAC) Q1 2025 Earnings: Key financials and quarterly highlights
Bank of America (NYSE: BAC) reported its first quarter 2025 earnings results today. Revenue, net of interest expense, was $27.4 billion, up 6% year-over-year, driven by non-interest income growth across
