Foot Locker, Inc. (FL) CEO Richard Johnson on Q3 2019 Results - Earnings Call Transcript

Foot Locker, Inc. (NYSE:FL) Q3 2019 Earnings Conference Call November 22, 2019 9:00 AM ET

Company Participants

James Lance - Vice President of Corporate Finance and Investor Relations
Lauren Peters - Executive Vice President and Chief Financial Officer
Richard Johnson - Chairman, President, and Chief Executive Officer

Conference Call Participants

Christopher Svezia - Wedbush Securities, Inc.
Cristina Fernandez - Telsey Advisory Group LLC
Matthew Boss - JPMorgan Chase & Co.
Paul Trussell - Deutsche Bank AG
Michael Binetti - Credit Suisse
Jonathan Komp - Robert W. Baird & Co.
Omar Saad - Evercore ISI
Samuel Poser - Susquehanna Financial Group, LLLP

Operator

Good morning, ladies and gentlemen, and welcome to Foot Locker's Third Quarter 2019 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

This conference call may contain forward-looking statements that reflect management's current views of future events and financial performance. Management undertakes no obligation to update these forward-looking statements which are based on many assumptions and factors, including the effects of currency fluctuations, customer preferences, economic and market conditions worldwide, and other risks and uncertainties described more fully in the Company's press releases and in reports filed with the SEC, including the most recently filed Form 10-K or Form 10-Q. Any changes in such assumptions or factors could produce significantly different results and actual results may differ materially from those contained in the forward-looking statements. Please note that this conference is being recorded. [Operator Instructions]

I will now turn the call over to Jim Lance, Vice President, Corporate Finance and Investor Relations. Mr. Lance, you may begin.

James Lance

Thanks, operator. Welcome everyone to Foot Locker, Inc.'s third quarter earnings conference call. As reported in today’s earnings release, the company reported a strong quarter with net income of $125 million or $1.16 per