Foot Locker Inc. (FL) reported a third-quarter net loss of $6 million or $0.04 per share compared to profit of $24 million or $0.16 per share last year.
Non-GAAP adjusted net income decreased to $16 million or $0.10 per share from $27 million or $0.18 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report profit of $0.13 per share for the quarter. Analysts' estimates typically exclude special items.
Sales were $1.21 billion compared to $1.31 billion last year. Analysts expected revenue of $1.19 billion for the quarter.
Comparable-store sales decreased 8.2%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.