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Investors cautious on Foot Locker ahead of earnings

Feb. 23, 2017 3:39 PM ETFoot Locker, Inc. (FL) StockFLBy: Clark Schultz, SA News Editor
  • Foot Locker (NYSE:FL) is due to report earnings tomorrow before the bell. Analysts expect the company to disclose revenue of $2.12B and EPS of $1.32.
  • The company is expected to post its guidance during the earnings call. Consensus estimates are for Q1 EPS of $1.54 and FY17 EPS of $5.27.
  • Foot Locker is expected to show some strength as retro and casual trends play into its favor in footwear and apparel.
  • Shares of Foot Locker are down 2.91% into the earnings read amid a rough day for mall retailers.

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