Foot Locker Shares Surged 21% as Q3 Sales Beat Estimate

Benzinga2022-11-18

Foot Locker (NYSE:FL) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.11 by 14.41 percent.

Foot Locker shares surged 21% after posting financial results.

This is a 34.2 percent decrease over earnings of $1.93 per share from the same period last year.

The company reported quarterly sales of $2.17 billion which beat the analyst consensus estimate of $2.09 billion by 3.97 percent.

This is a 0.73 percent decrease over sales of $2.19 billion the same period last year.

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