Foot Locker rallies after sales. margins improve in Q2

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Foot Locker rallies after sales. margins improve in Q2

Seeking Alpha2021-08-20

Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.
The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.
Foot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. "Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program," says CEO Richard Johnson. Guidance will follow with the earnings call.
Shares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.

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JerryToh
·2021-08-20
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Moneyong
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nxw
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Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5591027,"gmtCreate":1629460024565,"gmtModify":1663232662752,"authorId":3579166997546108,"author":{"id":3579166997546108,"idStr":"3579166997546108","authorId":3579166997546108,"name":"MochiMama","avatar":"https://static.tigerbbs.com/b02cba851ffc5d8be520010c7a579eb4","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836343514,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":836349945,"gmtCreate":1629459428587,"gmtModify":1676530047754,"author":{"id":"3567482716620513","authorId":"3567482716620513","name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"crmLevel":12,"crmLevelSwitch":1,"idStr":"3567482716620513","authorIdStr":"3567482716620513"},"htmlText":"Like?","listText":"Like?","text":"Like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836349945","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5609923,"gmtCreate":1629647532500,"gmtModify":1663232742967,"authorId":3578134126413921,"author":{"id":3578134126413921,"idStr":"3578134126413921","authorId":3578134126413921,"name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836349945,"type":1,"supId":0,"prevId":0,"content":"like and comment pls","text":"like and comment pls","html":"like and comment pls"}],"langContent":"EN"},{"id":836340152,"gmtCreate":1629459330276,"gmtModify":1676530047739,"author":{"id":"3575367895713518","authorId":"3575367895713518","name":"Moneyong","avatar":"https://static.tigerbbs.com/310106f7833de54751b1a4f33ac43e61","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3575367895713518","authorIdStr":"3575367895713518"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/836340152","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5590960,"gmtCreate":1629459348989,"gmtModify":1663232662949,"authorId":4087879990630740,"author":{"id":4087879990630740,"idStr":"4087879990630740","authorId":4087879990630740,"name":"weng1245","avatar":"https://static.tigerbbs.com/c4cfbeba7911df2b20f49cff503a5f7c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836340152,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5590965,"gmtCreate":1629459382272,"gmtModify":1663232662641,"authorId":3577087216911488,"author":{"id":3577087216911488,"idStr":"3577087216911488","authorId":3577087216911488,"name":"EriViL","avatar":"https://static.tigerbbs.com/f37d027290c1cdf3fa6cdba6443077c6","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836340152,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":836354025,"gmtCreate":1629459147967,"gmtModify":1676530047684,"author":{"id":"3555755639757611","authorId":"3555755639757611","name":"nxw","avatar":"https://static.tigerbbs.com/0a3041e78835567c8db5934504534a17","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3555755639757611","authorIdStr":"3555755639757611"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/836354025","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5590980,"gmtCreate":1629459506993,"gmtModify":1663232661061,"authorId":3576051773113837,"author":{"id":3576051773113837,"idStr":"3576051773113837","authorId":3576051773113837,"name":"EV97","avatar":"https://static.tigerbbs.com/d7c5abc0090a7661479c5bde2eeab0c5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.05","exceedPercentage":"80.60%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":11,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836354025,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5590927,"gmtCreate":1629459188902,"gmtModify":1663232661058,"authorId":3582350348015234,"author":{"id":3582350348015234,"idStr":"3582350348015234","authorId":3582350348015234,"name":"Ag1718","avatar":"https://community-static.tradeup.com/news/7b99db6dd9dd4eaa84bd8baf04aad0b9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836354025,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"}],"langContent":"EN"},{"id":836352326,"gmtCreate":1629458939965,"gmtModify":1676530047657,"author":{"id":"3572305441240915","authorId":"3572305441240915","name":"LongZR","avatar":"https://static.tigerbbs.com/80b6c7bb6866455f69d500fddb520c7e","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":12,"crmLevelSwitch":0,"idStr":"3572305441240915","authorIdStr":"3572305441240915"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/836352326","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5590909,"gmtCreate":1629458953533,"gmtModify":1663232662754,"authorId":3572305441240915,"author":{"id":3572305441240915,"idStr":"3572305441240915","authorId":3572305441240915,"name":"LongZR","avatar":"https://static.tigerbbs.com/80b6c7bb6866455f69d500fddb520c7e","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836352326,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":5590913,"gmtCreate":1629458997775,"gmtModify":1663232662645,"authorId":3575280267029660,"author":{"id":3575280267029660,"idStr":"3575280267029660","authorId":3575280267029660,"name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836352326,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5590926,"gmtCreate":1629459156038,"gmtModify":1663232662342,"authorId":3555755639757611,"author":{"id":3555755639757611,"idStr":"3555755639757611","authorId":3555755639757611,"name":"nxw","avatar":"https://static.tigerbbs.com/0a3041e78835567c8db5934504534a17","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.29%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836352326,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":836358432,"gmtCreate":1629458850726,"gmtModify":1676530047605,"author":{"id":"3584019054184037","authorId":"3584019054184037","name":"CLOUD1127","avatar":"https://community-static.tradeup.com/news/2e12d8ce93dfc3e452c295a0cefaebc9","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3584019054184037","authorIdStr":"3584019054184037"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836358432","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5590908,"gmtCreate":1629458940264,"gmtModify":1663232662750,"authorId":3582036219515358,"author":{"id":3582036219515358,"idStr":"3582036219515358","authorId":3582036219515358,"name":"boonchek","avatar":"https://static.tigerbbs.com/c615abbfde8feafcbdd8e88179f1e152","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"80.18%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":11,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836358432,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":836358930,"gmtCreate":1629458778020,"gmtModify":1676530047591,"author":{"id":"3566353609041424","authorId":"3566353609041424","name":"carceng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3566353609041424","authorIdStr":"3566353609041424"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/836358930","repostId":1130098909,"repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://ttm.financial/m/news/1130098909?lang=&edition=fundamental","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE:&nbsp;FL)&nbsp;reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL)&nbsp;ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL)&nbsp;are&nbsp;up 7.56%&nbsp;premarket to $58.50 after the&nbsp;earnings topper.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foot Locker rallies after sales. margins improve in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5590898,"gmtCreate":1629458835937,"gmtModify":1663232663247,"authorId":3571630433284403,"author":{"id":3571630433284403,"idStr":"3571630433284403","authorId":3571630433284403,"name":"cHao7","avatar":"https://static.tigerbbs.com/3800b5d66328f3184368a219227b02a3","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836358930,"type":1,"supId":0,"prevId":0,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>"},{"id":5590899,"gmtCreate":1629458843681,"gmtModify":1635146968661,"authorId":3584019054184037,"author":{"id":3584019054184037,"idStr":"3584019054184037","authorId":3584019054184037,"name":"CLOUD1127","avatar":"https://community-static.tradeup.com/news/2e12d8ce93dfc3e452c295a0cefaebc9","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836358930,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":12,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}