Foot Locker expected to report earnings ahead of Friday’s opening
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Foot Locker will announce its third-quarter earnings results before the opening bell on Friday morning.
Video Transcript
- All right. Well, my stock to watch for tomorrow is Foot Locker. Now, the company is going to be reporting earnings ahead of the opening bell. And we'll get another look into the state of the consumer. Adjusted earnings per share expected to come in at $1.11 per share on revenue of $2.9 billion, which would be a decline compared to a year ago.
Now, the retailer likely hurt by softening consumer demand and increased promotions. One analyst also warning the company could cut full year guidance over the end of the partnership between Kanye West and Adidas.
