NEW YORK — Foot Locker Inc. today reported fiscal second-quarter net income of $94 million.
The company said it had net income of 99 cents per share. Earnings, adjusted for one-time gains and costs, were $1.10 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The shoe store posted revenue of $2.07 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $2.05 billion.
Foot Locker expects full-year earnings in the range of $4.25 to $4.45 per share.