Foot Locker: slow start to the year.
(CercleFinance.com) - On Friday before Wall Street opened Foot Locker reported EPS of 1.
36 dollar for the first 3 months of its fiscal year, down 3 cents over one year.
The consensus was expecting 1.38 dollar.
Meanwhile, sales increased slightly less than expected, from 1.99 billion dollars to 2 billion dollars: analysts forecast 2.02 billion dollars.
Note that sales at constant stores rose by just 0.5%, against a 1.4% increase expected by the market.
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