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Foot Locker: Q3 above expectations.

(CercleFinance.com) - The Foot Locker share is up 2% this Friday in early trading on Wall Street, in demand after publishing third quarter results that are better than expected.

The sportswear specialist reported earnings of 102 million dollars, or 81 cents per share, up from 157 million dollars, or 1.17 dollar a share a year earlier. Adjusted EPS however came in at 87 cents, 7 cents more than the consensus.

Sales declined by 0.8% y-o-y to 1.87 billion dollars, although the consensus forecast a sharper fall to 1.8 billion dollars.

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