What Jim Cramer Expects From Foot Locker's Quarterly Results

Jim Cramer is keeping an eye on quarterly results from Foot Locker (FL) - Get Report , which will be released on Friday before the markets open. "The price war among Nike (NKE) - Get Report , Under Armour (UA) - Get Report and Adidas plays right into Foot Locker's sweet spot," Cramer said. Analysts expect Foot Locker to report earnings of $1.10 a share on sales of $1.89 billion. During the same quarter a year ago, the company posted earnings of $1 a share with revenue of $1.79 billion. Cramer, who manages TheStreet's Action Alerts PLUS Portfolio, spoke from the floor of the New York Stock Exchange.