Foot Locker (FL) Misses Q1 EPS by 8c; Sharply Lowers Guidance

Foot Locker (NYSE: FL) reported Q1 EPS of $0.70, $0.08 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.99 billion.

GUIDANCE:

Foot Locker sees FY2023 EPS of $2.00-$2.25, versus the consensus of $3.46. Sees sales down 6.5-8%, versus prior guidance of down 3.5-5.5%

For earnings history and earnings-related data on Foot Locker (FL) click here.

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