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Foot Locker: under expectations in Q2.

(CercleFinance.com) - The Foot Locker stock is set to be battered in the market this Friday, after the group released very disappointing Q2 results.


The US sports goods retailer saw its EPS fall 25 cents over the past year to 39 cents. Excluding extraordinary items, EPS reaches 62 cents, 28 cents less than expected by the consensus.

Sales also disappointed analysts, falling from 1.78 billion dollars to 1.7 billion dollars, while the consensus was expecting revenues to increase slightly to 1.8 billion dollars.


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