- Foot Locker (NYSE:FL) reports comparable-store sales rose 6.9% in Q3.
- Gross margin rate +10 bps to 33.2%.
- SG&A expense rate -60 bps to 20.4%.
- Merchandise inventory flat Y/Y at $1.324B.
- Total store count +1 to 3,474 over the last six months. Foot Locker U.S. -8 to 1,044.
- FL +2.7% premarket.
Robust comp powers Foot Locker in Q3
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Symbol | Last Price | % Chg |
---|---|---|
FL | - | - |
Foot Locker, Inc. |