Foot Locker: Fiscal Q4 earnings snapshot

NEW YORK — Foot Locker Inc. today reported fiscal fourth-quarter earnings of $103 million.

On a per-share basis, the company said it had net income of $1.02. Earnings, adjusted for one-time gains and costs, came to $1.67 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The shoe store posted revenue of $2.34 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $2.31 billion.

For the year, the company reported profit of $893 million, or $8.61 per share. Revenue was reported as $8.96 billion.

Foot Locker expects full-year earnings in the range of $4.25 to $4.60 per share.