Foot Locker Q2 2024 Adj. EPS $(0.05) Beats $(0.07) Estimate, Sales $1.896B Beat $1.888B Estimate
Portfolio Pulse from Benzinga Newsdesk
Foot Locker reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.05) beating the $(0.07) estimate and sales of $1.896 billion surpassing the $1.888 billion estimate. Sales increased by 1.72% compared to the same period last year.
August 28, 2024 | 10:46 am
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Foot Locker's Q2 2024 results exceeded expectations with an adjusted EPS of $(0.05) and sales of $1.896 billion, both beating analyst estimates. Sales also grew by 1.72% year-over-year.
Foot Locker's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The EPS beat by 28.57% and sales beat by 0.41% indicate strong performance, which is further supported by a 1.72% year-over-year sales increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100