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: Five Ways AI Is Being Used in Beauty Retailing (Plus One Bonus)—and What’s NextInnovator Profile: Gain—Autonomous AI Employees for Smarter, Faster ProcurementShoptalk Spring 2025: Day Three—Community Building, Earning Loyalty and Enhancing Search Are Top of MindRetail Trends and Shopper Traffic Update, Q4: Early Findings & Strategic Outlook
