Foot Locker: Q3 EPS up 59%
(CercleFinance.com) - The sporting goods chain Foot Locker has reported Q3 EPS adjusted for exceptional items (to end-October) that is up at 1.
93 dollar, against 1.21 dollar a year ago.
Meanwhile, its gross margin increased by 380 bp to 34.7%, for total sales which rose 3.9% to 2.19 billion dollars (+2.2% LFL and +3.6% FX factors).
This impressive performance compares to the strong back-to-school period last year and was achieved despite continued supply chain challenges, the group said.
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