Foot Locker, Inc. (FL - Get Report) is expected to report net income of $74.1 million, or 67 cents a share, on sales of $1.8 billion before the market opens on Friday, based on a FactSet survey of 20 analysts.
In the same period a year ago, the company posted earnings of 75 cents a share on sales of $1.8 billion. It reported net income of $165 million.
The stock has fallen 10.5% since the company last reported earnings on May. 24.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting adjusted net income of $118.5 million, or $1.09 a share, on sales of $1.9 billion.
Foot Locker is currently trading at a price-to-forward-earnings ratio of 8.1 based on the 12-month estimates of 20 analysts surveyed by FactSet.
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