FL Q4 Earnings Beat Estimates, Comparable Sales Rise 2.6% Y/Y
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Foot Locker's fiscal Q4 results show a beat on earnings estimates with a 2.6% year-over-year increase in comparable sales. Despite lower overall revenues, the gross margin improved by 300 basis points to 29.6%.
March 05, 2025 | 6:15 pm
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Foot Locker's Q4 earnings exceeded expectations with a 2.6% increase in comparable sales. The gross margin improved by 300 basis points to 29.6%, although overall revenues were down year-over-year.
The positive earnings surprise and improvement in gross margin are likely to boost investor sentiment, potentially leading to a short-term increase in Foot Locker's stock price. The increase in comparable sales further supports a positive outlook.
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