Foot locker, inc. reports fourth quarter 2023 results; issues 2024 outlook

Total sales increased 2.0%; comparable sales decreased 0.7% foot locker and kids foot locker north america comparable sales increased +5.2% eps loss of $4.13 and non-gaap eps income of $0.38 inventory decreased 8.2% year-over-year anticipates return to positive comparable sales growth and ebit margin expansion in 2024 2024 non-gaap eps guidance of $1.50-$1.70 including a non-recurring charge of $0.10 provides update on timing to achieve lace up plan financial targets new york , march 6, 2024 /prnewswire/ -- foot locker, inc. (nyse: fl), the new york-based specialty athletic retailer, today reported financial results for its fourth quarter ended february 3, 2024. mary dillon, president and chief executive officer, said, "we are pleased to report fourth quarter results ahead of our expectations, including meaningfully accelerated sales trends relative to the third quarter, earnings per share that exceeded our guidance range, and improvements across multiple kpis.
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