US sportswear and footwear retailer Foot Locker New York today released its Q1 2022 results report.
Thus, the company's shares opened at $31.79 in today's trading and are trading on the plus side.
However, the company's shares have lost -39.91% in the last six months.
The company has a 52-week high of $64.80 and a 52-week low of $26.36.
It is worth noting that Foot Locker has a market capitalisation of USD 3.01 billion as of today.
Q1 2022 results
In its Q1 2022 report, Foot Locker reported that the company's total sales increased by 1.0% to $2,175 million, while comparable shop sales decreased by 1.9%.
The company reported net profit of $133 million.
Also, earnings per share $1.37 and non-GAAP earnings per share $1.60.
Moreover, as noted in Foot Locker's press release, the company recorded earnings adjustments during Q1 2022.
Foot Locker's total cash position, net of debt, was $95 million. However, it was $1.9 billion last year.
You can read the company's full report here.
Foot Locker Was founded in 1974 and is headquartered in New York.
Executive Leadership of the company:
Richard A. Johnson - Chairman, President and CEO;
Andrew E. Page - EVP and CFO;
Franklin R. Bracken - EVP and COO;
Sheilagh M. Clarke - EVP, General Counsel and Secretary;
Andrew Gray - EVP and CCO;
W. Scott Martin - EVP, Chief Strategy and Corporate Development Officer;
Elizabeth S. Norberg - EVP and Chief Human Resources Officer;
Samantha Lomow - President, Global Brands
Jed Berger - SVP and CMO;
Giovanna Cipriano - SVP,CAO;
Todd Greener - SVP, Supply Chain;
Himanshu Parikh - SVP and CIO;
Anthony D. Foti - VP, DGC and Assistant Secretary;
James R. Lance - VP, Financial Planning and Analysis;
John A. Maurer - VP, Treasurer.