Foot Locker, Inc. (NYSE:FL) issued its quarterly earnings results on Thursday. The athletic footwear retailer reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07, Bloomberg Earnings reports. Foot Locker had a net margin of 7.49% and a return on equity of 21.52%. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the previous year, the business posted $1.13 earnings per share. The business’s revenue was down .8% compared to the same quarter last year.

Foot Locker (NYSE FL) opened at $31.85 on Friday. The company has a market capitalization of $3,868.73, a PE ratio of 6.96, a PEG ratio of 2.17 and a beta of 0.66. Foot Locker has a 1 year low of $28.42 and a 1 year high of $79.43. The company has a current ratio of 5.63, a quick ratio of 2.88 and a debt-to-equity ratio of 0.04.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, January 19th will be paid a $0.31 dividend. The ex-dividend date is Thursday, January 18th. This represents a $1.24 dividend on an annualized basis and a yield of 3.89%. Foot Locker’s dividend payout ratio is currently 28.57%.

COPYRIGHT VIOLATION NOTICE: “Foot Locker, Inc. (FL) Posts Earnings Results, Beats Estimates By $0.07 EPS” was reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was illegally copied and republished in violation of US & international trademark and copyright laws. The original version of this piece can be read at

Several equities analysts recently issued reports on FL shares. Bank of America Corporation downgraded shares of Foot Locker from a “neutral” rating to an “underperform” rating in a research note on Friday, August 18th. Zacks Investment Research raised shares of Foot Locker from a “sell” rating to a “hold” rating in a research report on Monday, October 23rd. Morgan Stanley reaffirmed an “overweight” rating and set a $50.00 price target (down previously from $65.00) on shares of Foot Locker in a research report on Tuesday, August 29th. BidaskClub raised shares of Foot Locker from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, UBS AG reissued a “neutral” rating on shares of Foot Locker in a research report on Monday, August 21st. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $58.80.

About Foot Locker

Foot Locker, Inc is a retailer of shoes and apparel. The Company operates through two segments: Athletic Stores and Direct-to-Customers. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Earnings History for Foot Locker (NYSE:FL)

Receive News & Ratings for Foot Locker Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foot Locker Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.