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Foot Locker Blasts Q4 Sales Estimate, Sees Double-Digit Earnings Growth in 2019
Foot Locker posted stronger-than-expected fourth quarter earnings and same-store sales Friday and said it sees double-digit profit growth in the coming year.
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Foot Locker said earnings for the three months ending on February 2 came in at $1.56 per share, up 23.8% from the same period last year and well ahead of the Street forecast of $1.40 per share. Group sales, Foot Locker said, rose 2.8% to $2.272 billion and again beat the consensus estimate of $2.18 billion. Same stores sales rose 9.7% over the fourth quarter, the company said, well ahead of the 4.6% forecast from Refinitiv.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: FLc1dl1500.png]](https://finviz.com/publish/030119/FLc1dl1500.png)
Foot Locker posted stronger-than-expected fourth quarter earnings and same-store sales Friday and said it sees double-digit profit growth in the coming year.
...
Foot Locker said earnings for the three months ending on February 2 came in at $1.56 per share, up 23.8% from the same period last year and well ahead of the Street forecast of $1.40 per share. Group sales, Foot Locker said, rose 2.8% to $2.272 billion and again beat the consensus estimate of $2.18 billion. Same stores sales rose 9.7% over the fourth quarter, the company said, well ahead of the 4.6% forecast from Refinitiv.
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https://www.thestreet.com/investing/earn...yptr=yahoo
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