Foot Locker: resumes dividend payments

(CercleFinance.com) - As it reported its Q2 results (to 1 August), Foot Locker announced that its Board of Directors has decided to resume the payment of a quarterly dividend of 15 cents per share.


The sporting goods retailer reported adjusted EPS of 71 cents for Q2, exceeding its target range of 66-70 cents, for revenue growth of 17.1% at nearly 2.08 billion dollars (+18.6% at comparable stores).

Given uncertainty surrounding the pandemic and its potential impact on back-to-school period, sporting activity and governmental stimulus packages, Foot Locker refuses to provide annual targets at present.


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