Foot Locker Inc. said its normalized net income for the fiscal second quarter ended Aug. 1 was 82 cents per share, compared with the S&P Capital IQ consensus estimate of 69 cents per share.
EPS rose 31.3% year over year from 62 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $115.6 million, an increase of 26.7% from $91.3 million in the year-earlier period.
The normalized profit margin climbed to 6.8% from 5.6% in the year-earlier period.
Total revenue increased year over year to $1.70 billion from $1.64 billion, and total operating expenses totaled $1.51 billion, compared with $1.50 billion in the prior-year period.
Reported net income increased 28.7% from the prior-year period to $118.7 million, or 84 cents per share, from $92.2 million, or 63 cents per share.