Foot Locker, Inc. (NYSE:FL) is set to announce second quarter earning results on Friday 21st August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, FL to report 2Q20 income of $ 0.57 per share.
For the full year, analysts anticipate top line of $ 7215.51 million, while looking forward to income of $ 1.89 per share bottom line.
Previous Quarter Performance
Foot Locker, Inc. revealed loss for the first quarter of $ 0.67 per share, from the revenue of $ 1,176.00 million. The quarterly earnings while revenues compared with the same quarter last year.
Wall street analysts are predicting, FL to report 1Q20 income of $ 0.49 per share from revenue of $ 1575.10 million. The bottom line results missed street analysts by $ 1.16 or 236.73 percent, at the same time, top line results fell short of analysts by $ 399.1 million or 25.34 percent.
Stock Performance
The company has a market capital of $ 2.84 billion and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Recent Analyst recommendations
- On 22nd June 2020, downgraded by B. Riley to Neutral from Buy rating.
Foot Locker, Inc., through its subsidiaries, operates as an athletic shoes and apparel retailer. The company operates in two segments, North America and International. The company retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02.
