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Foot Locker fiscal Q1 profit climbs 13.3% YOY

4068469 said its normalized net income for the fiscal first quarter ended May 2 amounted to $1.28 per share, compared with the S&P Capital IQ consensus estimate of $1.23 per share.

EPS increased 17.7% year over year from $1.08.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $181.3 million, an increase of 13.3% from $160.0 million in the prior-year period.

The normalized profit margin increased to 9.5% from 8.6% in the year-earlier period.

Total revenue grew on an annual basis to $1.92 billion from $1.87 billion, and total operating expenses came to $1.63 billion, compared with $1.61 billion in the prior-year period.

eported net income increased 12.9% on an annual basis to $183.3 million, or $1.29 per share, from $162.4 million, or $1.10 per share.Foot Locker Inc.

4068469 said its normalized net income for the fiscal first quarter ended May 2 amounted to $1.28 per share, compared with the S&P Capital IQ consensus estimate of $1.23 per share.