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HomeMarketFL Earnings: Foot Locker Q3 2024 adj. revenue rises; gross sales down...

FL Earnings: Foot Locker Q3 2024 adj. revenue rises; gross sales down 1% | AlphaStreet

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Foot Locker, Inc. (NYSE: FL), a number one footwear and attire retailer, reported a rise in adjusted revenue for the third quarter of 2024 and a modest lower in gross sales.

Web gross sales decreased 1% yearly to $1.96 billion within the third quarter. Excluding the impact of international alternate fee fluctuations, gross sales dropped by 2.2%. Comparable-store gross sales have been up 2.4%.

On an adjusted foundation, internet revenue elevated 10% year-over-year to $0.33 per share within the October quarter. On an unadjusted foundation, the corporate reported a internet lack of $33 million or $0.34 per share for Q3, in comparison with a revenue of $28 million or $0.30 per share within the corresponding prior-year interval.

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