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Tuesday, November 20, 2018

====Foot Locker (FL) reported earnings on Tue 20 Nov 2018 (a/h)



Foot Locker beats by $0.02, reports revs in-line; says it's well positioned to produce even stronger results in the all-important holiday selling season
  • Reports Q3 (Oct) earnings of $0.95 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.93; revenues fell 0.5% year/year to $1.86 bln vs the $1.86 bln S&P Capital IQ Consensus.
    • Q3 same store comps were +2.9%.
  • Co believes it's well positioned to produce even stronger results in the all-important holiday selling season and Q4 (Jan) overall.

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