The second quarter financial results of Foot Locker (NYSE: FL) will be revealed on Wednesday 28th August 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
the establishment is poised to announce an estimated $0.08 loss per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $1.89 billion for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.04. This figure was a result of the company's total revenue, which reached an impressive $1.86 billion million during that specific period.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $8.13 billion. Additionally, they anticipate the earnings per share to reach profit of $1.55 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.22 | -68.6% | 1.87 B | -2.8% |
| Q4 2023 | $0.38 | -60.8% | 2.38 B | +2.0% |
| Q3 2023 | $0.30 | -76.4% | 1.99 B | -8.5% |
| Q2 2023 | $0.04 | -96.4% | 1.86 B | -9.7% |
*Growth on year-over-year basis
The organization will host a conference call with investment community on 28th August 2024 at 09:00 AM eastern time to discuss the financial results.
During Friday's trading, Foot Locker (FL) shares reached a low of $32.14 and a high of $33.14, along with a total volume of 3.47 million shares. The stock ended the regular trading session at $32.71, marking fall of 0.76 percent.
