Foot Locker expects lower turnover in 2022 – 02/25/2022 at 14:51


(AOF) – Foot Locker made a profit of $103 million in the fourth quarter (ending January) of its fiscal year, or $1.02 per share. It was down from $123 million, or $1.17 per share, at this time last year. In adjusted data, EPS stood at $1.67, against a consensus of $1.44. The sports store brand also posted sales of 2.34 billion dollars, up 7% including +0.8% on a like-for-like basis. The FactSet consensus was $2.32 billion.

In 2022, the group expects its sales to decline by 4% to 6%, including -8% to -10% on a like-for-like basis.

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