Foot Locker Inc. (FL) reported first quarter EPS of $0.91 Friday morning, excluding costs related to the pending acquisition of Runners Point Group. The consensus estimate was for EPS of $0.88. Sales grew 3.8 percent to $1.64 billion from $1.58 billion in the previous year. The consensus estimate was for revenues of $1.63 billion.
Foot Locker gapped open sharply lower Friday, but was range-bound for the majority of the session. The stock closed with a loss of 1.78 at $33.90 on the highest volume of the year. Foot Locker dropped to nearly a 1-month low and fell below its 50 and 200-day moving averages.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.