Foot Locker, the American sportswear and footwear retailer, revealed its third-quarter results after trading hours along with retailers Target (TGT) and Kohl (KSS). But unlike Target and Kohl, which both disappointed investors, the market welcomed FL’s expectation-beating third-quarter performance and strong pricing power and pushed shares more than 12% higher in after-hours trade.
FL reported comparable sales growth of 2.9% in the third-quarter, better than analysts’ estimate of 2%. In terms of total sales, FL reported a 0.5% fall to $1.86 billion - managing to narrowly beat the consensus revenue expectations of $1.85 billion. FL further added that sales were up 0.4% excluding currency fluctuations.
Net income for the quarter stood at $130 million, or $1.14 a share, up from $102 million, or 81 cents a share, in the same quarter a year-ago. Excluding one-time items, FL’s adjusted earnings per share rose to 95 cents from 87 cents, around 3 cents more than analysts’ expectation of 92 cents. FL’s gross margin expanded to 31.6% from 31%, and same-store sales growth was up by 2.9% versus analysts' expectation of 1.6%.
FL’s Chief Executive Richard Johnson attributed its comparable sales growth and stronger earnings to the company’s strategic partnerships with vendors.
The Aroon Indicator for FL entered a downward trend on October 09, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 167 similar instances where the Aroon Indicator formed such a pattern. In of the 167 cases the stock moved lower. This puts the odds of a downward move at .
The Momentum Indicator moved above the 0 level on September 19, 2025. You may want to consider a long position or call options on FL as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FL just turned positive on September 24, 2025. Looking at past instances where FL's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
a company which sells athletic footwear and apparels
Industry ApparelFootwearRetail