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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