Foot Locker Inc. (FL) – Get Report posted stronger-than-expected second quarter earnings Friday, and reinstated its dividend and share buyback programs, as the athletic retailer looks to move past store closures and slumping demand triggered by the coronavirus pandemic. Foot Locker said non-GAAP earnings for the three months ending on August 1 […]
Earnings
Foot Locker Posts Stronger-Than-Expected Second Quarter Earnings
Foot Locker Inc. (FL) – Get Report reported earnings Friday, surprising investors by beating analysts’ estimates with stronger-than-expected earnings. The footwear retailer is hoping to move past store closures and revive demand that had weakened during the pandemic. Foot Locker reported second quarter non-GAAP net income of $75 million, or $0.71 […]