Foot Locker (NYSE:FL) will be releasing its earnings data before the market opens on Friday, August 23rd. Analysts expect Foot Locker to post earnings of $0.66 per share for the quarter.
Foot Locker (NYSE:FL) last posted its quarterly earnings data on Friday, May 24th. The athletic footwear retailer reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.08). The firm had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.11 billion. Foot Locker had a net margin of 6.86% and a return on equity of 21.75%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.45 EPS. On average, analysts expect Foot Locker to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Foot Locker stock opened at $39.76 on Thursday. The stock has a market cap of $4.35 billion, a PE ratio of 8.44, a price-to-earnings-growth ratio of 0.78 and a beta of 0.98. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.07 and a current ratio of 2.01. Foot Locker has a one year low of $36.81 and a one year high of $68.00. The stock has a fifty day moving average of $40.98 and a 200 day moving average of $51.18.
In other news, Director Matthew M. Mckenna sold 7,000 shares of the company’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $40.53, for a total value of $283,710.00. Following the completion of the transaction, the director now owns 26,862 shares of the company’s stock, valued at $1,088,716.86. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.40% of the company’s stock.
About Foot Locker
Foot Locker, Inc, through its subsidiaries, operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02.
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