Foot Locker: Q2 EPS up 21%
(CercleFinance.com) - Foot Locker has reported Q2 2018 net income of 88 million dollars, or 75 cents per share, meaning EPS that is up 21% y-o-y (adjusted base).
At 1.78 billion dollars, sporting goods sales increased by 4.8% as reported and are 0.5% on a comparable basis, while the group's gross margin rose by 0.6 point to 30.2%.
“We remain optimistic that our improving product flow and depth in premium styles positions us to deliver stronger comparable sales growth in the second half of 2018,” said Chairman and CEO Richard Johnson.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
At 1.78 billion dollars, sporting goods sales increased by 4.8% as reported and are 0.5% on a comparable basis, while the group's gross margin rose by 0.6 point to 30.2%.
“We remain optimistic that our improving product flow and depth in premium styles positions us to deliver stronger comparable sales growth in the second half of 2018,” said Chairman and CEO Richard Johnson.
Copyright (c) 2018 CercleFinance.com. All rights reserved.