earnings
confidence high
sentiment negative
materiality 0.85
Foot Locker Q1 sales down 4.6%, GAAP EPS loss $3.81, impairment charges $276M
FOOT LOCKER, INC.
2025-Q1 EPS reported
-$3.81
revenue$1,794,000,000
- Total sales $1,788M (-4.6% YoY); comparable sales -2.6% (North America -0.5%, international -8.5%).
- GAAP net loss $363M ($3.81 loss per share); non-GAAP net loss $6M ($0.07 loss per share).
- Non-cash impairment charges of $276M, including $140M tradename and $110M goodwill impairment.
- Store base: 2,363 company-owned stores; closed 56 stores in Q1 and opened 9; 69 stores refreshed.
- Pending acquisition by DICK'S Sporting Goods announced May 15, 2025; no guidance or call provided.
item 2.02item 9.01