Foot Locker (FL) Tops Q3 EPS by 6c; Comps Rose 8.7%
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Foot Locker, Inc. Reports 2015 Third Quarter Results
November 20, 2015 6:45 AM ESTNEW YORK, Nov. 20, 2015 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its third quarter ended October 31, 2015.
Third Quarter Results Net income for the Company's third quarter ended October 31, 2015 was $80 million, or $0.57 per share.  This result included a $100 million pre-tax litigation charge that relates to the previously disclosed trial court decision in a lawsuit involving the Company's conversion of its pension plan in 1996, a decision which is currently being appealed. Excluding this charge, which reduced after-tax earnings by 43 cents per share,... More
