Overview
- Foot Locker's Q1 adjusted earnings per share were $0.22, nearly double analysts' predictions.
- Comparable sales declined by 1.8%, better than the expected 3.1% drop.
- Revenue for the quarter was $1.88 billion, aligning with projections.
- The company reaffirmed its full-year guidance, anticipating a 1% sales decline to a 1% increase.
- CEO Mary Dillon highlighted digital transformation and enhanced brand partnerships as key growth drivers.