Foot Locker Stock Jumps Despite Sales Miss, Weak Guidance
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Foot Locker Inc (NYSE:FL) reported mixed Q4 earnings with adjusted earnings per share of 86 cents, beating analyst expectations of 72 cents. Despite missing sales targets and providing weak guidance, the stock price increased.
March 05, 2025 | 3:30 pm
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Foot Locker reported Q4 earnings with EPS of 86 cents, beating expectations of 72 cents. Despite missing sales targets and weak guidance, the stock price increased.
Foot Locker's better-than-expected EPS suggests operational efficiency, which is positive for investors. However, the sales miss and weak guidance could be concerning. The stock's rise indicates market optimism about the earnings beat.
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