Company Earnings UpdateFoot Locker (NYSE: FL) 2Q19 Results: Misses Consensus Estimates, Maintains Guidance Coresight Research August 27, 2019 Executive Summary Foot Locker 2Q19 revenues were $1.77 billion, down 0.4% year over year and below the consensus estimate of $1.82 billion. The company reported 2Q19 adjusted EPS of $0.66, down 12% from the year-ago period and below the consensus estimate of $0.67. Comparable sales increased 0.8% for the quarter, lower than the consensus estimate of 3.1%. Management affirmed its earnings per share guidance of growth in high-single digits, compared to the consensus estimate of 4.7%. Foot Locker expects SG&A to be up 10 to 30 basis points. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: E-Commerce Sales Surge, Outpacing In-Store GrowthAnalyst Corner: The Labubu Craze—Revealing How Gens Z and Alpha Are Redefining Retail, with Charlie PoonPutting the “AI” in “Airlines”: Insights from CES 2025Economic Sentiment Hits A Two-Month Low: US Consumer Survey Insights
