NEW YORK (TheStreet) -- Foot Locker (FL) - Get Report stock closed Thursday's trading session up 0.39% to $67.03 ahead of the company's fourth quarter fiscal 2015 earnings due out Friday before the market open.
Year-over-year, profit and revenue are projected to grow.
Wall Street is looking for earnings of $1.12 a share on revenue of $2 billion.
A year ago, the company earned $1 a share on revenue of $1.91 billion.
It appears that Foot Locker will likely beat expectations this quarter as the company has been focusing on its kids' and women's business, and working with its vendors to improve its products, Zacks Equity Research analysts said.
Based in New York, Foot Locker is an athletic shoe and apparel retailer.
Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of A+.
The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: FL