Foot Locker (NYSE:FL) issued its quarterly earnings results on Friday. The athletic footwear retailer reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.06, Briefing.com reports. Foot Locker had a return on equity of 21.05% and a net margin of 6.51%. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the firm posted $0.95 EPS. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year.
NYSE FL traded down $1.21 during mid-day trading on Friday, reaching $40.25. The stock had a trading volume of 17,179,268 shares, compared to its average volume of 1,985,669. Foot Locker has a 1 year low of $33.12 and a 1 year high of $68.00. The stock has a market cap of $4.44 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 0.86 and a beta of 0.98. The company has a fifty day moving average price of $44.02 and a 200 day moving average price of $42.98. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.99 and a quick ratio of 0.99.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.38 dividend. The ex-dividend date is Thursday, January 16th. This represents a $1.52 dividend on an annualized basis and a yield of 3.78%. Foot Locker’s payout ratio is currently 32.27%.
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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