Insight Report 3 minutes PremiumFoot Locker Inc (FL) 4Q15 Results: Strong Sales Benefited from Nike and Under Armour Coresight Research February 26, 2016 Executive Summary Foot Locker reported 4Q15 revenue of $2.0 billion, up 5.0% year over year, in line with the consensus estimate. The company reported adjusted EPS of $1.16 for the quarter, up 16.0% year over year and beating the consensus estimate of $1.12. The upside was driven by sales in the basketball and running footwear segments. Comparable-store sales increased by 7.9%, beating the consensus of 5.9% and in line with guidance for a mid-single-digit increase. For 2016, Foot Locker expects a mid-single-digit comp increase, in line with the consensus estimate of 4.7%. EPS is projected to grow in the double digits versus analysts’ expectations of a 10.8% increase, to $4.75. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Consumer Financial Health Stays Strong: US Consumer Survey Insights 2023, Week 38Alarming Return Rates Require Loss-Minimization Solutions: Key Insights—Free InfographicConsumer Sentiment Falters: China Consumer Survey InsightsInnovator Profile: Syrup Tech Uses AI To Optimize Omnichannel Inventory Management
