Categories AlphaGraphs, Earnings, Retail

Key highlights from Foot Locker’s (FL) Q2 2023 earnings results

Foot Locker, Inc. (NYSE: FL) reported second quarter 2023 earnings results today.

Total sales decreased 9.9% to $1.86 billion compared to the same period last year. Excluding FX impacts, sales declined 10.2%. Comparable store sales decreased by 9.4%.

The company reported a loss of $5 million, or $0.05 per share, compared to net income of $94 million, or $0.99 per share, in the prior-year period. Adjusted EPS was $0.04.

For FY2023, sales are expected to be down 8-9% from the prior year. Comparable sales are expected to decline 9-10%. Adjusted EPS is estimated to range between $1.30-1.50.

Prior performance

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Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.   Net income

Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator

Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although

Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter

Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now

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